Fidelity Digital
Qualified Custodian
Established Est. 2018
United States
21Rates Quality Score: 8.2/10
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 Reserves No
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
Fidelity Digital is a qualified custodian, meaning it is a regulated financial institution authorised to hold client assets. This is important for institutional investors who are legally required to use a qualified custodian under regulations such as the SEC Custody Rule.
Fidelity Digital carries the following insurance coverage: Comprehensive insurance through Fidelity's insurance program. Always confirm specific coverage terms, limits, and exclusions directly with Fidelity Digital before depositing assets.
Fidelity Digital stores 100% cold storage of assets in cold storage (offline). Cold storage protects against remote hacking by keeping private keys disconnected from the internet.
Fidelity Digital's fee structure: 0.05-0.40% annual custody fee based on AUM. $50K minimum. Includes cold storage and insurance.. Custody fees are typically charged as an annual basis-point fee on assets under custody or a flat monthly fee.
The minimum balance requirement at Fidelity Digital is $50,000. This may vary based on account type and service tier.
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: August 2026