10-K Filing

FIDELITY WISE ORIGIN BITCOIN FUND CIK: 1852317 FY 2024

Filing Information

Form Type	10-K
Accession Number	`0000950170-25-039452`
Period End Date	20241231
Filing Date	20250314
Fiscal Year	2024
Fiscal Period	FY
XBRL Instance	ck0001852317-20241231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 44 Cash Flow Statement 68

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Investment in bitcoin, at fair value	`InvestmentOwnedAtCost`	$11.47B	USD	Point-in-time
Investment in bitcoin, at fair value	`InvestmentOwnedAtCost`	$11.47B	USD	Point-in-time
Investment in bitcoin, at fair value	`InvestmentOwnedAtCost`	-	USD	Point-in-time
Investment in bitcoin, at fair value	`InvestmentOwnedAtCost`	-	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Investment in bitcoin, at fair value (cost $11,468,257 and $0 at December 31, 2024 and December 31, 2023, respectively)	`InvestmentOwnedAtFairValue`	-	USD	Point-in-time
Investment in bitcoin, at fair value (cost $11,468,257 and $0 at December 31, 2024 and December 31, 2023, respectively)	`InvestmentOwnedAtFairValue`	-	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	-	USD	Point-in-time
Investment in bitcoin, at fair value (cost $11,468,257 and $0 at December 31, 2024 and December 31, 2023, respectively)	`InvestmentOwnedAtFairValue`	$18.82B	USD	Point-in-time
Investment in bitcoin, at fair value (cost $11,468,257 and $0 at December 31, 2024 and December 31, 2023, respectively)	`InvestmentOwnedAtFairValue`	$18.82B	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	230.68M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	230.68M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	1.00	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	1.00	shares	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1.00	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	1.00	shares	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	230.68M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	230.68M	shares	Point-in-time
Receivables from issuance of capital shares	`ReceivableInvestmentSale`	$36.83M	USD	Point-in-time
Receivables from issuance of capital shares	`ReceivableInvestmentSale`	$36.83M	USD	Point-in-time
Receivables from issuance of capital shares	`ReceivableInvestmentSale`	-	USD	Point-in-time
Receivables from issuance of capital shares	`ReceivableInvestmentSale`	-	USD	Point-in-time
Total assets	`Assets`	$18.86B	USD	Point-in-time
Total assets	`Assets`	$18.86B	USD	Point-in-time
Total assets	`Assets`	-	USD	Point-in-time
Total assets	`Assets`	-	USD	Point-in-time
Payable for purchases of bitcoin	`PayableForPurchasesOfBitcoin`	-	USD	Point-in-time
Payable for purchases of bitcoin	`PayableForPurchasesOfBitcoin`	-	USD	Point-in-time
Payable for purchases of bitcoin	`PayableForPurchasesOfBitcoin`	$36.83M	USD	Point-in-time
Payable for purchases of bitcoin	`PayableForPurchasesOfBitcoin`	$36.83M	USD	Point-in-time
Sponsor fee payable	`AccountsPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Sponsor fee payable	`AccountsPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Sponsor fee payable	`AccountsPayableCurrentAndNoncurrent`	$3.97M	USD	Point-in-time
Sponsor fee payable	`AccountsPayableCurrentAndNoncurrent`	$3.97M	USD	Point-in-time
Total Liabilities	`Liabilities`	$40.80M	USD	Point-in-time
Total Liabilities	`Liabilities`	$40.80M	USD	Point-in-time
Total Liabilities	`Liabilities`	-	USD	Point-in-time
Total Liabilities	`Liabilities`	-	USD	Point-in-time
Commitments and Contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 6)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Shares, no par value (unlimited shares authorized) 230,678,476 and 0 share(s) issued and outstanding at December 31, 2024 and December 31, 2023, respectively	`CommonStockValue`	-	USD	Point-in-time
Shares, no par value (unlimited shares authorized) 230,678,476 and 0 share(s) issued and outstanding at December 31, 2024 and December 31, 2023, respectively	`CommonStockValue`	-	USD	Point-in-time
Shares, no par value (unlimited shares authorized) 230,678,476 and 0 share(s) issued and outstanding at December 31, 2024 and December 31, 2023, respectively	`CommonStockValue`	-	USD	Point-in-time
Shares, no par value (unlimited shares authorized) 230,678,476 and 0 share(s) issued and outstanding at December 31, 2024 and December 31, 2023, respectively	`CommonStockValue`	-	USD	Point-in-time
Paid-in-capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Paid-in-capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Paid-in-capital	`AdditionalPaidInCapital`	$11.87B	USD	Point-in-time
Paid-in-capital	`AdditionalPaidInCapital`	$11.87B	USD	Point-in-time
Total distributable earnings (loss)	`RetainedEarningsAccumulatedDeficit`	-	USD	Point-in-time
Total distributable earnings (loss)	`RetainedEarningsAccumulatedDeficit`	-	USD	Point-in-time
Total distributable earnings (loss)	`RetainedEarningsAccumulatedDeficit`	$6.94B	USD	Point-in-time
Total distributable earnings (loss)	`RetainedEarningsAccumulatedDeficit`	$6.94B	USD	Point-in-time
Total Net Assets	`StockholdersEquity`	-	USD	Point-in-time
Total Net Assets	`StockholdersEquity`	-	USD	Point-in-time
Total Net Assets	`StockholdersEquity`	$18.81B	USD	Point-in-time
Total Net Assets	`StockholdersEquity`	$18.81B	USD	Point-in-time
Net Asset Value per share (230,678,476 and 1 share(s) issued and outstanding as of December 31, 2024 and December 31, 2023, respectively)	`NetAssetValuePerShare`	$40.00	USD	Point-in-time
Net Asset Value per share (230,678,476 and 1 share(s) issued and outstanding as of December 31, 2024 and December 31, 2023, respectively)	`NetAssetValuePerShare`	$40.00	USD	Point-in-time
Net Asset Value per share (230,678,476 and 1 share(s) issued and outstanding as of December 31, 2024 and December 31, 2023, respectively)	`NetAssetValuePerShare`	$81.56	USD	Point-in-time
Net Asset Value per share (230,678,476 and 1 share(s) issued and outstanding as of December 31, 2024 and December 31, 2023, respectively)	`NetAssetValuePerShare`	$81.56	USD	Point-in-time

Income Statement 44 line items

Line Item	Tag	Value	Unit	Period
Investment income	`InvestmentIncomeInterest`	-	USD	Point-in-time
Investment income	`InvestmentIncomeInterest`	-	USD	Point-in-time
Investment income	`InvestmentIncomeInterest`	-	USD	Annual
Investment income	`InvestmentIncomeInterest`	-	USD	Annual
Sponsor fee	`SponsorFees`	-	USD	Point-in-time
Sponsor fee	`SponsorFees`	-	USD	Point-in-time
Sponsor fee	`SponsorFees`	$26.63M	USD	Annual
Sponsor fee	`SponsorFees`	$26.63M	USD	Annual
Total Expenses Before Waiver	`OperatingCostsAndExpenses`	$26.63M	USD	Annual
Total Expenses Before Waiver	`OperatingCostsAndExpenses`	$26.63M	USD	Annual
Total Expenses Before Waiver	`OperatingCostsAndExpenses`	-	USD	Point-in-time
Total Expenses Before Waiver	`OperatingCostsAndExpenses`	-	USD	Point-in-time
Sponsor fee waived	`InvestmentCompanyContractualFeeWaived`	-	USD	Point-in-time
Sponsor fee waived	`InvestmentCompanyContractualFeeWaived`	-	USD	Point-in-time
Sponsor fee waived	`InvestmentCompanyContractualFeeWaived`	$11.60M	USD	Annual
Sponsor fee waived	`InvestmentCompanyContractualFeeWaived`	$11.60M	USD	Annual
Net Expenses	`InvestmentIncomeInvestmentExpense`	-	USD	Point-in-time
Net Expenses	`InvestmentIncomeInvestmentExpense`	-	USD	Point-in-time
Net Expenses	`InvestmentIncomeInvestmentExpense`	$15.03M	USD	Annual
Net Expenses	`InvestmentIncomeInvestmentExpense`	$15.03M	USD	Annual
Net Investment Income (Loss)	`InvestmentIncomeNet`	$-15.03M	USD	Annual
Net Investment Income (Loss)	`InvestmentIncomeNet`	$-15.03M	USD	Annual
Net Investment Income (Loss)	`InvestmentIncomeNet`	-	USD	Point-in-time
Net Investment Income (Loss)	`InvestmentIncomeNet`	-	USD	Point-in-time
Net realized gain (loss) on investment in bitcoin sold for redemptions	`RealizedInvestmentGainsLosses`	-	USD	Point-in-time
Net realized gain (loss) on investment in bitcoin sold for redemptions	`RealizedInvestmentGainsLosses`	-	USD	Point-in-time
Net realized gain (loss) on investment in bitcoin sold for redemptions	`RealizedInvestmentGainsLosses`	$-390.63M	USD	Annual
Net realized gain (loss) on investment in bitcoin sold for redemptions	`RealizedInvestmentGainsLosses`	$-390.63M	USD	Annual
Net realized gain (loss) on investment in bitcoin transferred to pay the Sponsor fee	`GainLossOnSaleOfTrustAssetsToPayExpenses`	-	USD	Point-in-time
Net realized gain (loss) on investment in bitcoin transferred to pay the Sponsor fee	`GainLossOnSaleOfTrustAssetsToPayExpenses`	-	USD	Point-in-time
Net realized gain (loss) on investment in bitcoin transferred to pay the Sponsor fee	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.51M	USD	Annual
Net realized gain (loss) on investment in bitcoin transferred to pay the Sponsor fee	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.51M	USD	Annual
Net change in unrealized appreciation (depreciation) on investment in bitcoin	`UnrealizedGainLossOnInvestments`	-	USD	Point-in-time
Net change in unrealized appreciation (depreciation) on investment in bitcoin	`UnrealizedGainLossOnInvestments`	-	USD	Point-in-time
Net change in unrealized appreciation (depreciation) on investment in bitcoin	`UnrealizedGainLossOnInvestments`	$7.35B	USD	Annual
Net change in unrealized appreciation (depreciation) on investment in bitcoin	`UnrealizedGainLossOnInvestments`	$7.35B	USD	Annual
Net Realized and Change in Unrealized Gain (Loss) on Investment in Bitcoin	`GainLossOnInvestments`	-	USD	Point-in-time
Net Realized and Change in Unrealized Gain (Loss) on Investment in Bitcoin	`GainLossOnInvestments`	-	USD	Point-in-time
Net Realized and Change in Unrealized Gain (Loss) on Investment in Bitcoin	`GainLossOnInvestments`	$6.96B	USD	Annual
Net Realized and Change in Unrealized Gain (Loss) on Investment in Bitcoin	`GainLossOnInvestments`	$6.96B	USD	Annual
Net Increase (Decrease) in Net Assets Resulting from Operations	`ProfitLoss`	-	USD	Point-in-time
Net Increase (Decrease) in Net Assets Resulting from Operations	`ProfitLoss`	-	USD	Point-in-time
Net Increase (Decrease) in Net Assets Resulting from Operations	`ProfitLoss`	$6.94B	USD	Annual
Net Increase (Decrease) in Net Assets Resulting from Operations	`ProfitLoss`	$6.94B	USD	Annual

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	-	USD	Point-in-time
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	-	USD	Point-in-time
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$6.94B	USD	Annual
Net increase (decrease) in net assets resulting from operations	`ProfitLoss`	$6.94B	USD	Annual
Payments for purchases of bitcoin	`PaymentsForPurchaseOfInvestmentOperatingActivity`	$15.54B	USD	Annual
Payments for purchases of bitcoin	`PaymentsForPurchaseOfInvestmentOperatingActivity`	$15.54B	USD	Annual
Payments for purchases of bitcoin	`PaymentsForPurchaseOfInvestmentOperatingActivity`	-	USD	Point-in-time
Payments for purchases of bitcoin	`PaymentsForPurchaseOfInvestmentOperatingActivity`	-	USD	Point-in-time
Proceeds from bitcoin sold	`ProceedsFromDispositionOfInvestmentOperatingActivity`	-	USD	Point-in-time
Proceeds from bitcoin sold	`ProceedsFromDispositionOfInvestmentOperatingActivity`	-	USD	Point-in-time
Proceeds from bitcoin sold	`ProceedsFromDispositionOfInvestmentOperatingActivity`	$3.83B	USD	Annual
Proceeds from bitcoin sold	`ProceedsFromDispositionOfInvestmentOperatingActivity`	$3.83B	USD	Annual
Net realized (gain) loss on investment in bitcoin sold for redemptions	`RealizedInvestmentGainsLosses`	-	USD	Point-in-time
Net realized (gain) loss on investment in bitcoin sold for redemptions	`RealizedInvestmentGainsLosses`	-	USD	Point-in-time
Net realized (gain) loss on investment in bitcoin sold for redemptions	`RealizedInvestmentGainsLosses`	$-390.63M	USD	Annual
Net realized (gain) loss on investment in bitcoin sold for redemptions	`RealizedInvestmentGainsLosses`	$-390.63M	USD	Annual
Net realized (gain) loss on investment in bitcoin transferred to pay the Sponsor fee	`GainLossOnSaleOfTrustAssetsToPayExpenses`	-	USD	Point-in-time
Net realized (gain) loss on investment in bitcoin transferred to pay the Sponsor fee	`GainLossOnSaleOfTrustAssetsToPayExpenses`	-	USD	Point-in-time
Net realized (gain) loss on investment in bitcoin transferred to pay the Sponsor fee	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.51M	USD	Annual
Net realized (gain) loss on investment in bitcoin transferred to pay the Sponsor fee	`GainLossOnSaleOfTrustAssetsToPayExpenses`	$-1.51M	USD	Annual
Net change in unrealized (appreciation) depreciation on investment in bitcoin	`UnrealizedGainLossOnInvestments`	-	USD	Point-in-time
Net change in unrealized (appreciation) depreciation on investment in bitcoin	`UnrealizedGainLossOnInvestments`	-	USD	Point-in-time
Net change in unrealized (appreciation) depreciation on investment in bitcoin	`UnrealizedGainLossOnInvestments`	$7.35B	USD	Annual
Net change in unrealized (appreciation) depreciation on investment in bitcoin	`UnrealizedGainLossOnInvestments`	$7.35B	USD	Annual
Transfer of bitcoin to pay the Sponsor fee	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$11.06M	USD	Annual
Transfer of bitcoin to pay the Sponsor fee	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	$11.06M	USD	Annual
Transfer of bitcoin to pay the Sponsor fee	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	-	USD	Point-in-time
Transfer of bitcoin to pay the Sponsor fee	`ProceedsFromSaleOfTrustAssetsToPayExpenses`	-	USD	Point-in-time
Increase (decrease) in Sponsor Fee Payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$3.97M	USD	Annual
Increase (decrease) in Sponsor Fee Payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$3.97M	USD	Annual
Increase (decrease) in Sponsor Fee Payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	-	USD	Point-in-time
Increase (decrease) in Sponsor Fee Payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	-	USD	Point-in-time
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-11.71B	USD	Annual
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-11.71B	USD	Annual
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Point-in-time
Net Cash Provided by (Used in) Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Point-in-time
Proceeds from issuance of capital shares	`ProceedsFromIssuanceOfCommonStock`	-	USD	Point-in-time
Proceeds from issuance of capital shares	`ProceedsFromIssuanceOfCommonStock`	-	USD	Point-in-time
Proceeds from issuance of capital shares	`ProceedsFromIssuanceOfCommonStock`	$15.54B	USD	Annual
Proceeds from issuance of capital shares	`ProceedsFromIssuanceOfCommonStock`	$15.54B	USD	Annual
Cash paid for redemption of capital shares	`PaymentsForRepurchaseOfCommonStock`	-	USD	Point-in-time
Cash paid for redemption of capital shares	`PaymentsForRepurchaseOfCommonStock`	-	USD	Point-in-time
Cash paid for redemption of capital shares	`PaymentsForRepurchaseOfCommonStock`	$3.83B	USD	Annual
Cash paid for redemption of capital shares	`PaymentsForRepurchaseOfCommonStock`	$3.83B	USD	Annual
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$11.71B	USD	Annual
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$11.71B	USD	Annual
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	Point-in-time
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	-	USD	Point-in-time
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	Annual
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	Annual
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	Point-in-time
Net increase (decrease) in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	-	USD	Point-in-time
Cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash, beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash, End of the Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash, End of the Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash, End of the Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash, End of the Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash, End of the Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Cash, End of the Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
Fair value of bitcoin received for the issuance of capital shares	`FairValueOfBitcoinReceivedForTheIssuanceOfCapitalShares`	$129.38M	USD	Annual
Fair value of bitcoin received for the issuance of capital shares	`FairValueOfBitcoinReceivedForTheIssuanceOfCapitalShares`	$129.38M	USD	Annual
Fair value of bitcoin received for the issuance of capital shares	`FairValueOfBitcoinReceivedForTheIssuanceOfCapitalShares`	-	USD	Point-in-time
Fair value of bitcoin received for the issuance of capital shares	`FairValueOfBitcoinReceivedForTheIssuanceOfCapitalShares`	-	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.