Scores last updated
Fidelity Wise Origin (FBTC) and Bitwise Bitcoin ETF (BITB) both operate in the ETF and fund space, but they take fundamentally different approaches to how your bitcoin is held. The scores are close — Fidelity Wise Origin (FBTC) at 76/100 (B) and Bitwise Bitcoin ETF (BITB) at 74/100 (B). When the gap is this narrow, the details matter: custody model, single points of failure, and the fine print on fees.
On custody and security, these two are within 3 points of each other (75 vs. 72). When custody scores are this close, look at the specifics: key management model, insurance coverage, and whether either platform has a single point of failure.
Neither Fidelity Wise Origin (FBTC) nor Bitwise Bitcoin ETF (BITB) has fully eliminated single-point-of-failure risk. Fidelity Wise Origin (FBTC) uses ETF — Fidelity Self-Custody and Bitwise Bitcoin ETF (BITB) uses ETF — Coinbase Custody. Both models leave your bitcoin exposed to custodial concentration risk — if that one entity fails, your bitcoin could be locked, seized, or lost. For long-term holders, this is the most important factor to weigh.
Fidelity Wise Origin (FBTC) edges out Bitwise Bitcoin ETF (BITB) by 2 points. It's a close call, and the right choice depends on your specific situation — how much bitcoin you're holding, how often you need access, and whether you prioritize fidelity self-custodies btc. trusted brand. integrated with brokerage accounts. over crypto-native issuer. transparent on-chain proof of reserves. competitive fees.. Keep in mind these platforms target different audiences — Fidelity Wise Origin (FBTC) is built for tradfi investors, while Bitwise Bitcoin ETF (BITB) serves crypto-native. One thing to watch with Bitwise Bitcoin ETF (BITB): single custodian (coinbase). smaller issuer brand recognition..
Based on our six-category scoring methodology, Fidelity Wise Origin (FBTC) scores higher at 76/100 compared to 74/100. The biggest differentiator is custody security, which accounts for 35% of the overall score. However, the right choice depends on your individual needs — review the category breakdown above.
Fidelity Wise Origin (FBTC) scored 75/100 on custody and security in our methodology. It does carry single-point-of-failure risk, meaning your bitcoin depends on one entity's security. Its custody model is classified as ETF — Fidelity Self-Custody. Always verify these details and do your own research.
Yes. Bitwise Bitcoin ETF (BITB) uses a ETF — Coinbase Custody model, which means a single compromised entity could put your bitcoin at risk. This is a structural concern for long-term holders.
Fidelity Wise Origin (FBTC) charges 0.25% expense ratio. Bitwise Bitcoin ETF (BITB) charges 0.20% expense ratio. Fidelity Wise Origin (FBTC) scored 88/100 on fees versus 85/100 for Bitwise Bitcoin ETF (BITB) in our methodology.
Fidelity Wise Origin (FBTC) does not advertise a dedicated inheritance feature. Bitwise Bitcoin ETF (BITB) does not advertise a dedicated inheritance feature. Match the mechanism, whether beneficiary designation, trust titling, or key inheritance, to your estate plan.
Fidelity Wise Origin (FBTC)'s custody insurance is not publicly disclosed. Bitwise Bitcoin ETF (BITB)'s custody insurance is not publicly disclosed. Custody insurance covers specific named events up to shared limits, not price loss or every failure mode. Verify current terms before relying on coverage.
Fidelity Wise Origin (FBTC) involves the holder in key control. Bitwise Bitcoin ETF (BITB) manages keys for you; you hold none. This is the core structural difference to weigh.