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. To put this in perspective, with approximately 19.88 million BTC currently in circulation, Fidelity’s position represents roughly 0.947% of all existing Bitcoin.
This wasn’t built overnight. Since launching in January 2024, FBTC has steadily attracted investor money, pulling in $12.1 billion in net inflows during its first year alone, 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.
Of course, Fidelity isn’t operating in a vacuum. The competition for institutional crypto dollars is heating up, with BlackRock recently purchasing over $400 million worth of Bitcoin and Ethereum, showing just how serious these traditional finance giants have gotten about digital assets.
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.
