FBTC vs HODL
Two funds, one decision: we compare cost, performance and what each ETF actually holds in September 2026.
Compare FBTC and HODL to assess fees, holdings, dividends, and tracking. FBTC is Fidelity Wise Origin Bitcoin Shares Of Beneficial Interest; HODL is VanEck Bitcoin ETF. Both cost 0.25%. Net assets: $14.0 billion and $1.2 billion. Dividends: 0.00%. Index focus not available. Educational content, not financial advice.
Compare FBTC and HODL to assess fees, holdings, dividends, and tracking. FBTC is Fidelity Wise Origin Bitcoin Shares Of Beneficial Interest; HODL is VanEck Bitcoin ETF. Both cost 0.25%. Net assets: $1...
Investment Analysis
FBTC
FBTC
Pros
- High liquidity and scale, with $14.0 billion in assets and a competitive 0.25% expense ratio for Fidelity's fund.
- Benefiting from a robust issuer framework and transparent structure, with a clear 0.25% cost profile and zero yield.
- Strong investor adoption, as evidenced by its large asset base relative to peers, despite the 0.25% expense ratio.
Considerations
- The fund's structure does not track a traditional equity or bond index, so the index is explicitly noted as not available.
- With a 0.25% expense ratio, the fund's cost is moderate rather than among the lowest available digital asset products.
- Dividend yield is 0.00%, meaning there is no income component, which may be a drawback for income-focused investors.
HODL
HODL
Pros
- A similar 0.25% expense ratio to the larger Fidelity fund, offering a cost-efficient entry into bitcoin for VanEck investors.
- Strong issuer presence, with VanEck being one of the first to launch a spot bitcoin exchange-traded product in the United States.
- Provides direct bitcoin exposure with a clear 0.25% expense ratio and no income yield, matching its peer's cost structure.
Considerations
- Smaller asset base of $1.2 billion, which may pose a slight challenge for large institutional trading volumes compared to its larger competitor.
- The fund's structure does not track a traditional equity or bond index, so the index is explicitly noted as not available.
- With a 0.25% expense ratio, the fund's cost is moderate rather than among the lowest available digital asset products.
Buy FBTC or HODL in Nemo
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
