iShares Bitcoin Trust ETF Tops Fidelity in Assets Under Management

The article compares two spot Bitcoin ETFs, iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Fund (FBTC), and concludes that both are nearly identical in fees, structure, and performance, but IBIT has a clear size and liquidity advantage. Each fund charges a 0.25% expense ratio and has essentially the same 1-year return and drawdown profile, both tracking Bitcoin closely. The main differentiator is assets under management: IBIT holds $44.9 billion versus $13.4 billion for FBTC, which the article argues could make IBIT the more durable and liquid option for investors seeking institutional Bitcoin exposure. The piece is more of an ETF comparison than a market-moving catalyst, but it reinforces Bitcoin’s growing accessibility through mainstream brokerage accounts.