Why did StashAway choose the Fidelity® Wise Origin® Bitcoin Fund (FBTC)?
FBTC has a competitive expense ratio of 0.25% p.a., making it a cost-effective way to gain exposure to the spot price of Bitcoin. Unlike some other Bitcoin ETFs that invest in futures contracts, FBTC holds Bitcoin directly. This minimises the need for complex derivatives and reduces potential tracking errors. Furthermore Fidelity® provides institutional-grade custody solutions for the Bitcoin held by the ETF, offering security to safeguard your investment.