Fidelity Digital
Qualified Custodian
Established Est. 2018
United States
21Rates Quality Score: 82.0/10
Fidelity Digital Assets (est. 2018) offers institutional custody, execution, and the Fidelity Wise Origin Bitcoin Fund (FBTC) and Fidelity Ethereum Fund (FETH). Introduced in-kind redemptions for FBTC in 2025.
Custody Model
ModelHosted Custody
LicensesNYDFS-chartered limited purpose trust company
RegulatoryNYDFS regulations, BSA/AML, backed by Fidelity Investments ($4.5T AUM parent)
JurisdictionUnited States (NYDFS-chartered)
Fees & Minimums
Fee Structure0.05-0.40% annual custody fee based on AUM. $50K minimum. Includes cold storage and insurance.
Min Balance$50,000
WithdrawalsCustom institutional limits
Security
Cold Storage100% cold storage
InsuranceComprehensive insurance through Fidelity's insurance program
Proof of Reservesfalse
Asset SegregationYes
AuditsAnnual SOC 2 and regulatory audits
Features
API Access Available
Mobile App Yes
Hardware Wallet Not supported
Institutional Available
Integrated Trading Yes
AssetsBTC, ETH
Frequently Asked Questions About Fidelity Digital
About this analysis
21Rates Editorial TeamBitcoin Financial Research Analysts
Our research team analyses Bitcoin custody providers using proprietary quality scoring, regulatory research, and user reviews. We independently verify custody terms and maintain up-to-date information to help you make informed decisions.
Last verified: July 2026