FBTC to BTC Calculator
Convert Fidelity Wise Origin Bitcoin Trust (FBTC) share prices, option strikes, and premiums to their Bitcoin equivalents using live market data.
10-Q + DECAY · 06-30
- Source
- SEC 10-Q filed anchor + exact fee decay
- As of
- 2026-06-30
- Snapshot refreshed
- 2026-08-19
≤ filed maximum ✓ — a fee-only trust's ratio can only decline between filings.
Current FBTC ↔ BTC Parity
Live market data for reference.
Based on FBTC BTC-per-share ratio, updated daily from fund holdings data.
Options Break-Even Calculator
"What BTC price does this contract need?"
Enter the option premium from your brokerage to calculate break-even.
Common FBTC Strikes → BTC Prices
Quick reference for standard strikes. Enter premium above for break-even calculation.
| FBTC Strike | BTC for ITM | vs. Current BTC |
|---|---|---|
| $30.00 | $34,475 | — |
| $35.00 | $40,221 | — |
| $40.00 | $45,966 | — |
| $45.00 | $51,712 | — |
| $50.00● Current | $57,458 | — |
| $55.00 | $63,204 | — |
| $60.00 | $68,950 | — |
| $65.00 | $74,695 | — |
| $70.00 | $80,441 | — |
| $75.00 | $86,187 | — |
| $80.00 | $91,933 | — |
FAQ
How do I convert FBTC shares to Bitcoin?
Multiply your number of FBTC shares by the current BTC-per-share ratio shown above. For example, 100 FBTC shares × 0.0008702 = 0.0870 BTC. The ratio updates daily as Fidelity’s fund holdings change.
What is FBTC’s expense ratio?
FBTC charges 0.25% annually, the same as IBIT. This fee is deducted from the fund’s Bitcoin holdings, which gradually reduces the BTC-per-share ratio over time. See our expense ratio and fee drag guide for details.
Who custodies FBTC’s Bitcoin?
Unlike most Bitcoin ETFs that use Coinbase, FBTC self-custodies through Fidelity Digital Assets. This makes FBTC the only major Bitcoin ETF not dependent on Coinbase for custody.
Can I use FBTC for tax-loss harvesting?
Yes. FBTC and IBIT track the same asset with different issuers, making them a natural swap pair for tax-loss harvesting. See our tax-loss harvesting guide for more details.
View FBTC daily prices and charts, read the FBTC ETF fact sheet, or see the FBTC vs IBIT comparison. Convert IBIT shares and options with the IBIT to BTC calculator, or browse all Bitcoin ETF calculators.