The Fidelity Physical Bitcoin ETP (Ticker: GB:FBTG) is an innovative exchange-traded product designed to provide investors with a strategic exposure to Bitcoin, the world's leading cryptocurrency. This cutting-edge ETP is categorized under Pair-focused ETFs, with a distinctive strategy that emphasizes a long position in Bitcoin against a short position in the US Dollar. This approach allows investors to potentially benefit from Bitcoin's price appreciation relative to the USD, capturing the dynamics of cryptocurrency markets while navigating traditional currency fluctuations.
Operating in the In Specie niche, the Fidelity Physical Bitcoin ETP is structured to hold Bitcoin directly, rather than through derivative contracts, ensuring that investors have a more direct and tangible exposure to the digital asset. This physical backing enhances transparency and aligns with Fidelity's commitment to providing secure and efficient access to Bitcoin investments.
The fund is meticulously designed for those who are seeking to diversify their portfolio beyond conventional asset classes and are keen on tapping into the high-growth potential of digital currencies. By combining Fidelity's robust financial expertise with the decentralized appeal of Bitcoin, the ETP offers a unique opportunity for investors looking to capitalize on the evolving landscape of global finance.
Fidelity Physical Bitcoin ETP (FBTG) Fund Flow Chart
Fidelity Physical Bitcoin ETP (FBTG) 1 year Net Flows: 0
FBTG ETF FAQ
What was GB:FBTG’s price range in the past 12 months?
GB:FBTG lowest ETF price was 401.25 and its highest was 843.50 in the past 12 months.
What is the AUM of GB:FBTG?
Currently, no data Available
Is GB:FBTG overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does GB:FBTG pay dividends?
GB:FBTG does not currently pay dividends.
How many shares outstanding does GB:FBTG have?
Currently, no data Available
Which hedge fund is a major shareholder of GB:FBTG?
Currently, no hedge funds are holding shares in GB:FBTG