Both the iShares Bitcoin Trust ETF (IBIT +1.59%) and the Fidelity Wise Origin Bitcoin Fund (FBTC +1.62%) are designed to provide investors with access to the price movements of Bitcoin, without requiring direct ownership or storage of the cryptocurrency. Both exchange-traded funds (ETFs) offer direct Bitcoin exposure at the same 0.25% expense ratio, with nearly identical recent returns and deep drawdowns, but IBIT is significantly larger by assets under management. This comparison looks at cost, risk, performance, and portfolio structure to help investors understand how these two Bitcoin-focused products stack up.
Snapshot (cost & size)
MetricIBITFBTCIssueriSharesFidelityExpense ratio0.25%0.25%1-yr return (as of 4/9/26)(12.6%)(12.6%)AUM$57.64 billion$12.7 billion
Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return…
