Fidelity Wise Origin Bitcoin Fund adds BitGo custodian, Treasurer resigns
The Trust signed a Custodial Services Agreement with BitGo Bank & Trust, N.A. on February 2, 2026, to provide custody and safekeeping of its bitcoin, with BitGo's fees paid by the sponsor, FD Funds Management LLC. The filing says the existing custody arrangement with Fidelity Digital Assets, N.A. is unaffected and the sponsor has no current plans to move any bitcoin to BitGo. Heather Bonner also resigned as the sponsor's Treasurer effective February 2, 2026, and Craig S. Brown succeeded her.
- Custodial Services Agreement with BitGo Bank & Trust, N.A. entered February 2, 2026; BitGo's fees are paid by the sponsor, FD Funds Management LLC
- Existing custody with Fidelity Digital Assets, N.A. remains in force; sponsor has no current plans to move bitcoin to BitGo
- BitGo's aggregate liability is capped at fees paid or payable in the 3 months before the first incident, except for fraud, willful misconduct or gross negligence
- Heather Bonner resigned as Treasurer effective February 2, 2026; Craig S. Brown succeeds her, and the filing says the resignation was not due to a disagreement