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AI brief of an SEC Form 8-K · Fidelity Wise Origin Bitcoin Fund (FBTC)

Fidelity Wise Origin Bitcoin Fund adds BitGo custodian, Treasurer resigns

Neutral Impact 3 of 5 product/contract Written later

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.

Key points

  • 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

The filing

CompanyFidelity Wise Origin Bitcoin Fund (FBTC)
Form8-K, current report
Filed with the SECFeb 5, 2026, 4:38 PM ET
Accession number0001193125-26-039518

Items reported: 1.01 Material Definitive Agreement5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 05, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.