Thanks for reaching out and sharing. We're happy to share some information on the fund. Because FBTC holds 100% bitcoin, the future NAVs will generally reflect the price changes of spot bitcoin (the underlying asset) as measured by the performance of the Fidelity Bitcoin Reference Rate. The NAV is struck at 4 p.m. ET on weekdays. Like other ETPs, spot bitcoin ETPs may not always exactly reflect the price of bitcoin as a result of management fees and rebalancing costs and delays. The performance of FBTC will not reflect the specific return an investor would realize if the investor actually purchased bitcoin. FBTC’s NAV per share is calculated by: taking the fair market value of its total assets based on the volume-weighted median price of bitcoin used for the calculation of the index; subtracting any liabilities; and dividing that total by the total number of outstanding shares The fund's prospectus details how it's priced and provides a lot of great information about the investment. You can quickly view it through the link below by clicking "View prospectus" near the top of the page, and check out some FAQs near the bottom. Introducing the Fidelity® Wise Origin® Bitcoin Fund (FBTC): www.fidelity.com/etfs/fbtc
This is my second time watching this. So grateful for the series. Like Padma said, my family never talked about money either. I was just told to work and work and work. Before I knew it, I realized I didn't know anything about money or saving or taxes or investing. I am learning all that now. I also see the importance in advocating for yourself. So many excellent tips and useful knowledge here.
I have always been a fan of Padma, so this was even better having her talk about steps she has taken to be confident with her decisions about money. Thanks for providing this talk.
Thanks for your comment! Remember to subscribe to stay up to date with our content. To find us on other social media platforms, feel free to check out the link below: Fidelity on Social www.fidelity.com/social-media/overview
I am encouraging my daughter to communicate with someone at Fidelity to learn how to invest. She is overwhelmed by the complexity of this topic and because she comes from a place of zero knowledge. She is very hesitant. My husband and I opened an account for her. Who would she ask for and when they ask how can I help you or what would you like to do, what should she say to calm her nerves about feeling awkward?
Hey Jean! Thanks for the engagement on this video. We love to hear that your daughter wants to learn more about investing. We know that taking the first step can be overwhelming for some, so we try to make getting started as smooth as possible. That said, we have tons of resources to help her learn more about investing. A great place to learn the basics is in the Fidelity.com “News & Research” section, where she'll find our digital library, “Learn." This is where we provide a wealth of resources, including articles, on-demand videos, and events such as webinars. It is the search feature that allows you to search by topic. If interested in expanding her knowledge about investing, this could be an excellent starting point. We'll also include a few additional pages from our Learn library that you may find helpful. Investing for Beginners: www.fidelity.com/learning-center/trading-investing/investing-for-beginners Trading for Beginners: www.fidelity.com/learning-center/trading-investing/trading-for-beginners In addition, we have a Planning & Guidance center offering great preparation tools that can help outline a plan and set goals before making any finite decisions. This tool will allow her to create a free plan and will provide a roadmap toward short-term and long-term goals. Planning & Guidance: www.fidelity.com/what-we-offer/planning When she's ready, she's more than welcome to contact one of our Investment Solutions representatives by phone. This team is a great place to start for those who have yet to speak with anyone about their investment strategies. You can reach them Monday through Friday from 8 a.m. to 8 p.m. ET. When calling, if prompted by the automated system, please state "investment solutions" to be routed directly to them. Contact us www.fidelity.com/customer-service/contact-us Let us know if you have any other questions. We're always happy to help.
Customer Feedback to send wherever needed. You need to do a much better job on the spot Bitcoin ETF at tracking the underlying Bitcoin. It's not even close at all today. Needs to be more real time. You should work out real time purchases and pricing on the blockchain via oracles. Should track far closer to the price in real time to offer confidence in the product. Just my two little cents from a customer, with years of crypto experience.
Love this! So many gems from this inspiring group!
Thanks for your engagement, Nailah! Make sure to subscribe to stay updated with future content from Fidelity!
Thanks for reaching out and sharing. We're happy to share some information on the fund.
Because FBTC holds 100% bitcoin, the future NAVs will generally reflect the price changes of spot bitcoin (the underlying asset) as measured by the performance of the Fidelity Bitcoin Reference Rate. The NAV is struck at 4 p.m. ET on weekdays. Like other ETPs, spot bitcoin ETPs may not always exactly reflect the price of bitcoin as a result of management fees and rebalancing costs and delays. The performance of FBTC will not reflect the specific return an investor would realize if the investor actually purchased bitcoin.
FBTC’s NAV per share is calculated by:
taking the fair market value of its total assets based on the volume-weighted median price of bitcoin used for the calculation of the index;
subtracting any liabilities;
and dividing that total by the total number of outstanding shares
The fund's prospectus details how it's priced and provides a lot of great information about the investment. You can quickly view it through the link below by clicking "View prospectus" near the top of the page, and check out some FAQs near the bottom.
Introducing the Fidelity® Wise Origin® Bitcoin Fund (FBTC): www.fidelity.com/etfs/fbtc
This was awesome, motivating and inspiring. Learned so much. Thank you for sharing ladies.
This is my second time watching this. So grateful for the series. Like Padma said, my family never talked about money either. I was just told to work and work and work. Before I knew it, I realized I didn't know anything about money or saving or taxes or investing. I am learning all that now. I also see the importance in advocating for yourself. So many excellent tips and useful knowledge here.
Such a good conversation. I want to share it with my daughter.
I have always been a fan of Padma, so this was even better having her talk about steps she has taken to be confident with her decisions about money. Thanks for providing this talk.
Wonderful series, thank you for sharing your experiences!
Thanks for your comment! Remember to subscribe to stay up to date with our content.
To find us on other social media platforms, feel free to check out the link below:
Fidelity on Social www.fidelity.com/social-media/overview
Thanks again for all your support and support 🎉
I am encouraging my daughter to communicate with someone at Fidelity to learn how to invest. She is overwhelmed by the complexity of this topic and because she comes from a place of zero knowledge. She is very hesitant. My husband and I opened an account for her. Who would she ask for and when they ask how can I help you or what would you like to do, what should she say to calm her nerves about feeling awkward?
"I will Teach You to be Rich" by Ramit Sethi is an amazing resource for starters, especially younger ones.
Hey Jean! Thanks for the engagement on this video. We love to hear that your daughter wants to learn more about investing. We know that taking the first step can be overwhelming for some, so we try to make getting started as smooth as possible. That said, we have tons of resources to help her learn more about investing.
A great place to learn the basics is in the Fidelity.com “News & Research” section, where she'll find our digital library, “Learn." This is where we provide a wealth of resources, including articles, on-demand videos, and events such as webinars. It is the search feature that allows you to search by topic. If interested in expanding her knowledge about investing, this could be an excellent starting point. We'll also include a few additional pages from our Learn library that you may find helpful.
Investing for Beginners: www.fidelity.com/learning-center/trading-investing/investing-for-beginners
Trading for Beginners: www.fidelity.com/learning-center/trading-investing/trading-for-beginners
In addition, we have a Planning & Guidance center offering great preparation tools that can help outline a plan and set goals before making any finite decisions. This tool will allow her to create a free plan and will provide a roadmap toward short-term and long-term goals.
Planning & Guidance: www.fidelity.com/what-we-offer/planning
When she's ready, she's more than welcome to contact one of our Investment Solutions representatives by phone. This team is a great place to start for those who have yet to speak with anyone about their investment strategies. You can reach them Monday through Friday from 8 a.m. to 8 p.m. ET. When calling, if prompted by the automated system, please state "investment solutions" to be routed directly to them.
Contact us www.fidelity.com/customer-service/contact-us
Let us know if you have any other questions. We're always happy to help.
Thanks for sharing this wonderful information @@fidelityinvestments
@@fidelityinvestments thanks
@@monicav.796 thanks
Customer Feedback to send wherever needed. You need to do a much better job on the spot Bitcoin ETF at tracking the underlying Bitcoin. It's not even close at all today. Needs to be more real time. You should work out real time purchases and pricing on the blockchain via oracles. Should track far closer to the price in real time to offer confidence in the product. Just my two little cents from a customer, with years of crypto experience.
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