Compare · BTC spot ETFs

FBTC vs GBTC

Fidelity Wise Origin Bitcoin Fund against Grayscale Bitcoin Trust

FBTC is cheaper: 0.25% vs 1.50% a year, or $12.50 less per $1,000 held.
FBTC is 1.5x the size of GBTC by net assets.

	FBTC	GBTC
Issuer	Fidelity	Grayscale
Expense ratio	0.25%	1.50%
Net assets (USD)	15.5B	10.6B
YTD return	−4.33%	−5.63%
Net flow, last 5 days	−$202.8M	−$47.5M
Pre-market estimate: median miss	0.05%	0.06%

Both funds hold BTC, so their daily moves are nearly identical; the lasting differences are fees, size and liquidity. Estimate miss is how far Pre-Tick's pre-market estimate landed from the official 9:30 AM ET open (see accuracy). Flows are US spot ETF net flows from SoSoValue. Not investment advice.