This is the size of Fidelity’s massive Bitcoin position

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. Fidelity Bitcoin holdings. Source: Bitbo FBTC vs IBIT The numbers put Fidelity’s fund among the largest institutional Bitcoin holders. In fact, Fidelity’s position accounts for roughly 0.947% of all existing Bitcoin. The fund has been steadily accumulating since its January 2024 launch. FBTC attracted $12.1 billion in net inflows during its first year, 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. Meanwhile, other major asset managers continue expanding their crypto presence. BlackRock recently purchased over $400 million worth of Bitcoin and Ethereum , showing the competitive landscape among institutional players. 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 . BTC weekly price chart. Source: Finbold Featured image via Shutterstock. The post This is the size of Fidelity’s massive Bitcoin position appeared first on Finbold .

Source: Finbold