Quarterly ResultMay 6, 2026, 01:29 PM
Fidelity Wise Origin Bitcoin Fund Q1 Net Assets Down 27.3% to $12.8B
AI Summary
Fidelity Wise Origin Bitcoin Fund reported a significant decline in net assets for the quarter ended March 31, 2026, falling 27.3% to $12.8 billion from $17.6 billion at the end of 2025. This decrease was primarily due to a 22.10% drop in bitcoin price and net redemptions of 15.4 million shares. The fund experienced a net decrease in net assets from operations of $3.7 billion for the quarter.
Key Highlights
- Net assets decreased by $4.82 billion to $12.82 billion as of March 31, 2026.
- NAV per share fell 22.15% to $59.33 from $76.21 at December 31, 2025.
- Bitcoin holdings decreased to 188,144 from 201,684 as of December 31, 2025.
- Bitcoin price dropped 22.10% to $68,129.64 during the quarter.
- Net decrease in net assets from operations was $3.74 billion for the quarter.
- 28.7 million shares were issued, and 44.1 million shares were redeemed.
- Total shares outstanding decreased by 15.4 million to 216.0 million.
- Sponsor fee for the quarter was $8.70 million.