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10-Q Filing

FIDELITY WISE ORIGIN BITCOIN FUND CIK: 1852317 Q1 2025
Filing Information
Form Type 10-Q
Accession Number 0000950170-25-067926
Period End Date 20250331
Filing Date 20250509
Fiscal Year 2025
Fiscal Period Q1
XBRL Instance ck0001852317-20250331_htm.xml
Filing Contents

This filing contains the following financial statements:

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 $10.98B USD Point-in-time
Investment in bitcoin, at fair value InvestmentOwnedAtCost $10.98B 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 $10,975,920 and $11,468,257 at March 31, 2025 and December 31, 2024, respectively) InvestmentOwnedAtFairValue $18.82B USD Point-in-time
Investment in bitcoin, at fair value (cost $10,975,920 and $11,468,257 at March 31, 2025 and December 31, 2024, respectively) InvestmentOwnedAtFairValue $18.82B 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 $10,975,920 and $11,468,257 at March 31, 2025 and December 31, 2024, respectively) InvestmentOwnedAtFairValue $16.34B USD Point-in-time
Investment in bitcoin, at fair value (cost $10,975,920 and $11,468,257 at March 31, 2025 and December 31, 2024, respectively) InvestmentOwnedAtFairValue $16.34B USD 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
Common stock, shares issued CommonStockSharesIssued 230.68M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 230.68M shares 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
Common stock, shares issued CommonStockSharesIssued 225.53M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 225.53M shares Point-in-time
Total assets Assets $18.86B USD Point-in-time
Total assets Assets $18.86B 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
Total assets Assets $16.34B USD Point-in-time
Total assets Assets $16.34B USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 225.53M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 225.53M shares 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 $3.97M USD Point-in-time
Sponsor fee payable AccountsPayableCurrentAndNoncurrent $3.97M USD Point-in-time
Sponsor fee payable AccountsPayableCurrentAndNoncurrent $3.40M USD Point-in-time
Sponsor fee payable AccountsPayableCurrentAndNoncurrent $3.40M 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 $3.40M USD Point-in-time
Total Liabilities Liabilities $3.40M 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) 225,528,476 and 230,678,476 share(s) issued and outstanding at March 31, 2025 and December 31, 2024, respectively CommonStockValue - USD Point-in-time
Shares, no par value (unlimited shares authorized) 225,528,476 and 230,678,476 share(s) issued and outstanding at March 31, 2025 and December 31, 2024, respectively CommonStockValue - USD Point-in-time
Shares, no par value (unlimited shares authorized) 225,528,476 and 230,678,476 share(s) issued and outstanding at March 31, 2025 and December 31, 2024, respectively CommonStockValue - USD Point-in-time
Shares, no par value (unlimited shares authorized) 225,528,476 and 230,678,476 share(s) issued and outstanding at March 31, 2025 and December 31, 2024, respectively CommonStockValue - USD Point-in-time
Paid-in-capital AdditionalPaidInCapital $11.63B USD Point-in-time
Paid-in-capital AdditionalPaidInCapital $11.63B 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 $4.70B USD Point-in-time
Total distributable earnings (loss) RetainedEarningsAccumulatedDeficit $4.70B 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 $18.81B USD Point-in-time
Total Net Assets StockholdersEquity $18.81B USD Point-in-time
Total Net Assets StockholdersEquity $16.33B USD Point-in-time
Total Net Assets StockholdersEquity $16.33B USD Point-in-time
Net Asset Value per share (225,528,476 and 230,678,476 share(s) issued and outstanding as of March 31, 2025 and December 31, 2024, respectively) NetAssetValuePerShare $40.00 USD Point-in-time
Net Asset Value per share (225,528,476 and 230,678,476 share(s) issued and outstanding as of March 31, 2025 and December 31, 2024, respectively) NetAssetValuePerShare $40.00 USD Point-in-time
Net Asset Value per share (225,528,476 and 230,678,476 share(s) issued and outstanding as of March 31, 2025 and December 31, 2024, respectively) NetAssetValuePerShare $61.74 USD Point-in-time
Net Asset Value per share (225,528,476 and 230,678,476 share(s) issued and outstanding as of March 31, 2025 and December 31, 2024, respectively) NetAssetValuePerShare $61.74 USD Point-in-time
Net Asset Value per share (225,528,476 and 230,678,476 share(s) issued and outstanding as of March 31, 2025 and December 31, 2024, respectively) NetAssetValuePerShare $81.56 USD Point-in-time
Net Asset Value per share (225,528,476 and 230,678,476 share(s) issued and outstanding as of March 31, 2025 and December 31, 2024, respectively) NetAssetValuePerShare $81.56 USD Point-in-time
Net Asset Value per share (225,528,476 and 230,678,476 share(s) issued and outstanding as of March 31, 2025 and December 31, 2024, respectively) NetAssetValuePerShare $72.42 USD Point-in-time
Net Asset Value per share (225,528,476 and 230,678,476 share(s) issued and outstanding as of March 31, 2025 and December 31, 2024, respectively) NetAssetValuePerShare $72.42 USD Point-in-time
Income Statement 44 line items
Line Item Tag Value Unit Period
Investment income InvestmentIncomeInterest - USD 1 Quarter
Investment income InvestmentIncomeInterest - USD 1 Quarter
Investment income InvestmentIncomeInterest - USD 1 Quarter
Investment income InvestmentIncomeInterest - USD 1 Quarter
Sponsor fee SponsorFees $11.47M USD 1 Quarter
Sponsor fee SponsorFees $11.47M USD 1 Quarter
Sponsor fee SponsorFees $2.83M USD 1 Quarter
Sponsor fee SponsorFees $2.83M USD 1 Quarter
Total Expenses Before Waiver OperatingCostsAndExpenses $11.47M USD 1 Quarter
Total Expenses Before Waiver OperatingCostsAndExpenses $11.47M USD 1 Quarter
Total Expenses Before Waiver OperatingCostsAndExpenses $2.83M USD 1 Quarter
Total Expenses Before Waiver OperatingCostsAndExpenses $2.83M USD 1 Quarter
Sponsor fee waived InvestmentCompanyContractualFeeWaived - USD 1 Quarter
Sponsor fee waived InvestmentCompanyContractualFeeWaived - USD 1 Quarter
Sponsor fee waived InvestmentCompanyContractualFeeWaived $2.83M USD 1 Quarter
Sponsor fee waived InvestmentCompanyContractualFeeWaived $2.83M USD 1 Quarter
Net Expenses InvestmentIncomeInvestmentExpense - USD 1 Quarter
Net Expenses InvestmentIncomeInvestmentExpense - USD 1 Quarter
Net Expenses InvestmentIncomeInvestmentExpense $11.47M USD 1 Quarter
Net Expenses InvestmentIncomeInvestmentExpense $11.47M USD 1 Quarter
Net Investment Income (Loss) InvestmentIncomeNet - USD 1 Quarter
Net Investment Income (Loss) InvestmentIncomeNet - USD 1 Quarter
Net Investment Income (Loss) InvestmentIncomeNet $-11.47M USD 1 Quarter
Net Investment Income (Loss) InvestmentIncomeNet $-11.47M USD 1 Quarter
Net realized gain (loss) on investment in bitcoin sold for redemptions RealizedInvestmentGainsLosses $-51.00K USD 1 Quarter
Net realized gain (loss) on investment in bitcoin sold for redemptions RealizedInvestmentGainsLosses $-51.00K USD 1 Quarter
Net realized gain (loss) on investment in bitcoin sold for redemptions RealizedInvestmentGainsLosses $-238.27M USD 1 Quarter
Net realized gain (loss) on investment in bitcoin sold for redemptions RealizedInvestmentGainsLosses $-238.27M USD 1 Quarter
Net realized gain (loss) on investment in bitcoin transferred to pay the Sponsor fee GainLossOnSaleOfTrustAssetsToPayExpenses $-1.29M USD 1 Quarter
Net realized gain (loss) on investment in bitcoin transferred to pay the Sponsor fee GainLossOnSaleOfTrustAssetsToPayExpenses $-1.29M USD 1 Quarter
Net realized gain (loss) on investment in bitcoin transferred to pay the Sponsor fee GainLossOnSaleOfTrustAssetsToPayExpenses - USD 1 Quarter
Net realized gain (loss) on investment in bitcoin transferred to pay the Sponsor fee GainLossOnSaleOfTrustAssetsToPayExpenses - USD 1 Quarter
Net change in unrealized appreciation (depreciation) on investment in bitcoin UnrealizedGainLossOnInvestments $-1.99B USD 1 Quarter
Net change in unrealized appreciation (depreciation) on investment in bitcoin UnrealizedGainLossOnInvestments $-1.99B USD 1 Quarter
Net change in unrealized appreciation (depreciation) on investment in bitcoin UnrealizedGainLossOnInvestments $2.63B USD 1 Quarter
Net change in unrealized appreciation (depreciation) on investment in bitcoin UnrealizedGainLossOnInvestments $2.63B USD 1 Quarter
Net Realized and Change in Unrealized Gain (Loss) on Investment in Bitcoin GainLossOnInvestments $-2.23B USD 1 Quarter
Net Realized and Change in Unrealized Gain (Loss) on Investment in Bitcoin GainLossOnInvestments $-2.23B USD 1 Quarter
Net Realized and Change in Unrealized Gain (Loss) on Investment in Bitcoin GainLossOnInvestments $2.63B USD 1 Quarter
Net Realized and Change in Unrealized Gain (Loss) on Investment in Bitcoin GainLossOnInvestments $2.63B USD 1 Quarter
Net Increase (Decrease) in Net Assets Resulting from Operations ProfitLoss $2.63B USD 1 Quarter
Net Increase (Decrease) in Net Assets Resulting from Operations ProfitLoss $2.63B USD 1 Quarter
Net Increase (Decrease) in Net Assets Resulting from Operations ProfitLoss $-2.24B USD 1 Quarter
Net Increase (Decrease) in Net Assets Resulting from Operations ProfitLoss $-2.24B USD 1 Quarter
Cash Flow Statement 68 line items
Line Item Tag Value Unit Period
Net increase (decrease) in net assets resulting from operations ProfitLoss $2.63B USD 1 Quarter
Net increase (decrease) in net assets resulting from operations ProfitLoss $2.63B USD 1 Quarter
Net increase (decrease) in net assets resulting from operations ProfitLoss $-2.24B USD 1 Quarter
Net increase (decrease) in net assets resulting from operations ProfitLoss $-2.24B USD 1 Quarter
Payments for purchases of bitcoin PaymentsForPurchaseOfInvestmentOperatingActivity $7.52B USD 1 Quarter
Payments for purchases of bitcoin PaymentsForPurchaseOfInvestmentOperatingActivity $7.52B USD 1 Quarter
Payments for purchases of bitcoin PaymentsForPurchaseOfInvestmentOperatingActivity $2.70B USD 1 Quarter
Payments for purchases of bitcoin PaymentsForPurchaseOfInvestmentOperatingActivity $2.70B USD 1 Quarter
Proceeds from bitcoin sold ProceedsFromDispositionOfInvestmentOperatingActivity $2.90B USD 1 Quarter
Proceeds from bitcoin sold ProceedsFromDispositionOfInvestmentOperatingActivity $2.90B USD 1 Quarter
Proceeds from bitcoin sold ProceedsFromDispositionOfInvestmentOperatingActivity $1.55M USD 1 Quarter
Proceeds from bitcoin sold ProceedsFromDispositionOfInvestmentOperatingActivity $1.55M USD 1 Quarter
Net realized (gain) loss on investment in bitcoin sold for redemptions RealizedInvestmentGainsLosses $-51.00K USD 1 Quarter
Net realized (gain) loss on investment in bitcoin sold for redemptions RealizedInvestmentGainsLosses $-51.00K USD 1 Quarter
Net realized (gain) loss on investment in bitcoin sold for redemptions RealizedInvestmentGainsLosses $-238.27M USD 1 Quarter
Net realized (gain) loss on investment in bitcoin sold for redemptions RealizedInvestmentGainsLosses $-238.27M USD 1 Quarter
Net realized (gain) loss on investment in bitcoin transferred to pay the Sponsor fee GainLossOnSaleOfTrustAssetsToPayExpenses $-1.29M USD 1 Quarter
Net realized (gain) loss on investment in bitcoin transferred to pay the Sponsor fee GainLossOnSaleOfTrustAssetsToPayExpenses $-1.29M USD 1 Quarter
Net realized (gain) loss on investment in bitcoin transferred to pay the Sponsor fee GainLossOnSaleOfTrustAssetsToPayExpenses - USD 1 Quarter
Net realized (gain) loss on investment in bitcoin transferred to pay the Sponsor fee GainLossOnSaleOfTrustAssetsToPayExpenses - USD 1 Quarter
Net change in unrealized (appreciation) depreciation on investment in bitcoin UnrealizedGainLossOnInvestments $-1.99B USD 1 Quarter
Net change in unrealized (appreciation) depreciation on investment in bitcoin UnrealizedGainLossOnInvestments $-1.99B USD 1 Quarter
Net change in unrealized (appreciation) depreciation on investment in bitcoin UnrealizedGainLossOnInvestments $2.63B USD 1 Quarter
Net change in unrealized (appreciation) depreciation on investment in bitcoin UnrealizedGainLossOnInvestments $2.63B USD 1 Quarter
Transfer of bitcoin to pay the Sponsor fee ProceedsFromSaleOfTrustAssetsToPayExpenses - USD 1 Quarter
Transfer of bitcoin to pay the Sponsor fee ProceedsFromSaleOfTrustAssetsToPayExpenses - USD 1 Quarter
Transfer of bitcoin to pay the Sponsor fee ProceedsFromSaleOfTrustAssetsToPayExpenses $12.03M USD 1 Quarter
Transfer of bitcoin to pay the Sponsor fee ProceedsFromSaleOfTrustAssetsToPayExpenses $12.03M USD 1 Quarter
Increase (decrease) in Sponsor Fee Payable IncreaseDecreaseInAccountsPayableRelatedParties - USD 1 Quarter
Increase (decrease) in Sponsor Fee Payable IncreaseDecreaseInAccountsPayableRelatedParties - USD 1 Quarter
Increase (decrease) in Sponsor Fee Payable IncreaseDecreaseInAccountsPayableRelatedParties $-562.00K USD 1 Quarter
Increase (decrease) in Sponsor Fee Payable IncreaseDecreaseInAccountsPayableRelatedParties $-562.00K USD 1 Quarter
Net Cash Provided by (Used in) Operating Activities NetCashProvidedByUsedInOperatingActivities $-7.52B USD 1 Quarter
Net Cash Provided by (Used in) Operating Activities NetCashProvidedByUsedInOperatingActivities $-7.52B USD 1 Quarter
Net Cash Provided by (Used in) Operating Activities NetCashProvidedByUsedInOperatingActivities $203.91M USD 1 Quarter
Net Cash Provided by (Used in) Operating Activities NetCashProvidedByUsedInOperatingActivities $203.91M USD 1 Quarter
Proceeds from issuance of capital shares ProceedsFromIssuanceOfCommonStock $7.52B USD 1 Quarter
Proceeds from issuance of capital shares ProceedsFromIssuanceOfCommonStock $7.52B USD 1 Quarter
Proceeds from issuance of capital shares ProceedsFromIssuanceOfCommonStock $2.70B USD 1 Quarter
Proceeds from issuance of capital shares ProceedsFromIssuanceOfCommonStock $2.70B USD 1 Quarter
Cash paid for redemption of capital shares PaymentsForRepurchaseOfCommonStock $1.55M USD 1 Quarter
Cash paid for redemption of capital shares PaymentsForRepurchaseOfCommonStock $1.55M USD 1 Quarter
Cash paid for redemption of capital shares PaymentsForRepurchaseOfCommonStock $2.90B USD 1 Quarter
Cash paid for redemption of capital shares PaymentsForRepurchaseOfCommonStock $2.90B USD 1 Quarter
Net Cash Provided by (Used in) Financing Activities NetCashProvidedByUsedInFinancingActivities $-203.91M USD 1 Quarter
Net Cash Provided by (Used in) Financing Activities NetCashProvidedByUsedInFinancingActivities $-203.91M USD 1 Quarter
Net Cash Provided by (Used in) Financing Activities NetCashProvidedByUsedInFinancingActivities $7.52B USD 1 Quarter
Net Cash Provided by (Used in) Financing Activities NetCashProvidedByUsedInFinancingActivities $7.52B USD 1 Quarter
Net increase (decrease) in cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect - USD 1 Quarter
Net increase (decrease) in cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect - USD 1 Quarter
Net increase (decrease) in cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect - USD 1 Quarter
Net increase (decrease) in cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect - USD 1 Quarter
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, 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
Cash, End of the Period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents - USD Point-in-time
Cash, End of the Period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents - USD Point-in-time

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

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