Fidelity Wise Origin Bitcoin Fund (FBTC) Operating Expenses (2024 - 2025)

Fidelity Wise Origin Bitcoin Fund (FBTC) recorded quarterly Operating Expenses of $12.2 million in Q4 2025, down 15.12% quarter-over-quarter from $14.4 million in Q3 2025, and up 1235.35% on a YoY basis from $913993.4 in Q4 2024.

Fidelity Wise Origin Bitcoin Fund (FBTC) Operating Expenses (2024 - 2025) Analysis & Trends

Fidelity Wise Origin Bitcoin Fund's Operating Expenses history runs 2 years deep, the most recent figure standing at $12.2 million for Q4 2025.

  • In Q4 2025, Operating Expenses rose 1235.35% year-over-year to $12.2 million; the TTM figure through Mar 2026 stood at $39.2 million (up 163.22% YoY), while the FY2025 annual figure was $50.7 million, up 237.22% from the prior year.
  • Operating Expenses was $12.2 million for Q4 2025 at Fidelity Wise Origin Bitcoin Fund, down from $14.4 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $14.4 million in Q3 2025 to a low of -$1.1 million in Q4 2024.

Peer Comparison

Historic Data

Download Data
DateValue
Dec 31, 2025 12.21 Mn
Sep 30, 2025 14.38 Mn
Jun 30, 2025 12.63 Mn
Mar 31, 2025 11.47 Mn
Dec 31, 2024 -1.08 Mn
Sep 30, 2024 4.50 Mn