Fidelity Bitcoin Fund adds BitGo as second custodian; treasurer replaced

Fidelity Wise Origin Bitcoin Fund

BitGo Bank & Trust appointed as additional custodian for FBTC's bitcoin holdings; no immediate asset transfers planned.
Existing custody with Fidelity Digital Assets remains unchanged; BitGo fees paid by sponsor.
BitGo liability capped at fees paid in prior 3 months, rising to value of affected bitcoin for gross negligence.
Treasurer Heather Bonner resigned Feb 2, 2026; replaced by Craig S. Brown (Fidelity VP).
Brown also serves as Assistant Treasurer of FIMM, LLC; departure not due to disagreement.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Fidelity Wise Origin Bitcoin Fund entered into Custodial Services Agreement with BitGo Bank & Trust, N.A. (effective 2026-02-02).

Action: entry
Counterparty: BitGo Bank & Trust, N.A.
Effective: 2026-02-02

Exact text from the filing

On February 2, 2026, Fidelity Wise Origin Bitcoin Fund (the “Trust”) and BitGo Bank & Trust, N.A. (“BitGo”) entered into a Custodial Services Agreement (the “Agreement”).

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Fidelity Wise Origin Bitcoin Fund filing history →

Source: SEC EDGAR

accession 0001193125-26-039518

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