New data shows just how much Bitcoin (BTC) Fidelity has been accumulating through its exchange-traded fund (ETF).
According to Bitbo tracking data, the Fidelity Wise Origin Bitcoin Fund (FBTC) holds 196,482.5 BTC as of June 9, 2025. At current prices around $104,410, that’s worth approximately $20.9 billion.
FBTC vs IBIT
The numbers put Fidelity’s fund among the largest institutional Bitcoin holders. In fact, Fidelity’s position accounts for roughly 0.947% of all existing Bitcoin. The fund has been steadily accumulating since its January 2024 launch.
FBTC attracted $12.1 billion in net inflows during its first year, according to ETF.com analysis. That made it the second-most successful Bitcoin ETF launch after BlackRock’s IBIT.
Fidelity has been involved in digital assets longer than most traditional financial firms. The company began researching blockchain technology in 2014, well before launching FBTC.
Meanwhile, other major asset managers continue expanding their crypto presence. BlackRock recently purchased over $400 million worth of Bitcoin and Ethereum, showing the competitive landscape among institutional players.
Current market conditions
At press time, Bitcoin was trading around $104k. The cryptocurrency has maintained levels above $100,000 for several months now, though it’s down 2.84% over the past 24 hours as tensions between Iran and Israel escalated.
Featured image via Shutterstock.
Read the full article here
