Overview: The Fidelity Advantage Bitcoin ETF (FBTC.TO) is a Canadian spot Bitcoin ETF from Fidelity, separate from the US FBTC product.
Investment Focus: Directly invests in physical Bitcoin, tracking the Fidelity Bitcoin Index.
Accessibility: Trades on TSX under FBTC (CAD) and FBTC.U (USD), eligibl
Overview
The Fidelity Advantage Bitcoin ETF (FBTC.TO) is a Canadian spot Bitcoin ETF from Fidelity, separate from the US FBTC product.
Investment Focus
Directly invests in physical Bitcoin, tracking the Fidelity Bitcoin Index.
Accessibility
Trades on TSX under FBTC (CAD) and FBTC.U (USD), eligible for TFSA and RRSP.
Management and Fees
0.32% management fee, one of the lowest in Canada.
Background
Fidelity Investments Canada ULC is the Canadian arm of Fidelity Investments, one of the world's largest asset managers.
Bitcoin ETFs
Launched the Fidelity Advantage Bitcoin ETF in November 2021 on the TSX.
Custody
Uses Fidelity Digital Asset Services for institutional-grade cold storage of Bitcoin.
Regulation
Regulated by the Ontario Securities Commission.