Experienced investors that are new to Bitcoin should like the idea of buying shares of spot Bitcoin ETFs.

For example, Fidelity's FBTC, the Fidelity Wise Origin Bitcoin Fund, is a spot Bitcoin ETF that holds the actual Bitcoin asset. It's designed for the ETF to track the price of Bitcoin by holding the cryptocurrency itself. This means that Fidelity, through its fund, owns the underlying Bitcoin. Fidelity Digital Asset Services is the custodian of the Bitcoin held by FBTC.

Fidelity is responsible for securely storing the Bitcoin. The goal of Fidelity's FBTC ETF is to mirror the performance of Bitcoin, so its value will fluctuate based on the price of Bitcoin.

Spot Bitcoin ETFs like Fidelity's FBTC ETF aim to make it easier for investors to gain exposure to Bitcoin without needing to directly buy, store, and manage the cryptocurrency themselves.