Fidelity Advantage Bitcoin ETF FBTC.TO · ETF Open Fidelity Advantage Bitcoin ETF in new tab
Weights
Sector Weights
Country Weights
Fidelity Advantage Bitcoin ETF Analysis (FBTC.TO)
Investment Objective: Fidelity Advantage Bitcoin ETF is an investment vehicle . It is currently trading at 39.07 CAD.
Portfolio Composition:
The fund is heavily weighted towards
the Cash & Others sector (100%)
and markets in
Other (100%)
.
For a full breakdown of all holdings, see the "Weights" card above.
Income: This appears to be an accumulating fund (dividends are reinvested) or focuses purely on capital growth.
Investor FAQ
Does Fidelity Advantage Bitcoin ETF pay a dividend?
No, it does not currently pay a dividend.
What asset class is Fidelity Advantage Bitcoin ETF?
Fidelity Advantage Bitcoin ETF is classified as a ETF. You can compare it against its peer in the "Related Symbols" list.
Fund Strategy
The fund provides exposure to the price of Bitcoin in exchange for Canadian dollars. As shares of the ETF are purchased, the proceeds are used to purchase bitcoin from Fidelitys selected liquidity providers. The price of bitcoin is taken from a variety of sources in order to determine a value for the ETF shares. Once purchased, the bitcoin is then stored in Fidelitys Digital Asset Services, serving as the sub-custodian. Holding bitcoin in an ETF wrapper provides a more efficient way to hold and trade the asset. However, shares of the ETF can not be redeemed for physical bitcoin. While the price of bitcoin will fluctuate 24 hours a day, trading of the ETF shares is also limited to exchange trading hours and listing requirements. Bitcoin is a part of a new an rapidly changing industry, subject to a variety of factors that are difficult to evaluate. Bitcoin has been highly volatile and may not be suited for all investors.
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