Borrow on ETFs / Fidelity
Fidelity: margin rates for borrowing against a Bitcoin ETF
How Fidelity prices a margin loan, the leverage it allows, and what to verify before borrowing against IBIT or another spot Bitcoin ETF. Figures verified 2026-06-12; margin rates are variable.
Margin rate
11.82%
Reg T leverage
~2x
Portfolio margin
$150K min equity
Margin rate schedule
Tiered by margin (debit) balance. Fidelity base rate; interest period runs the 21st to the 20th, on average daily debit balance. Rates effective 2025-12-12.
| Margin balance | Rate |
|---|---|
| $0 – $25K | 11.82% |
| $25K – $50K | 11.32% |
| $50K – $100K | 10.38% |
| $100K – $250K | 10.32% |
| $250K – $500K | 10.07% |
| $500K – $1M | 7.75% |
| $1M+ | 7.5% |
Can you margin IBIT here?
Fidelity does not publish whether a specific spot Bitcoin ETF is marginable, or the house maintenance requirement it would apply. That is set per security and changes with volatility, so confirm it directly with the broker before relying on it. Holding an ETF is not the same as being allowed to borrow against it.
- IBIT/FBTC margin eligibility is set per-security behind the login-gated margin calculator (not public)
- Portfolio margin: $150k min equity, requirement floor as low as 15%, buying power x4
Common questions
What is Fidelity's margin interest rate?
Published margin rates run 11.82% depending on your debit balance. Margin rates are variable and were verified 2026-06-12.
Can I borrow against a Bitcoin ETF like IBIT at Fidelity?
Whether Fidelity will let you margin a specific spot Bitcoin ETF, and the house maintenance requirement it sets, is decided per security and is generally not published. Fidelity Confirm IBIT's marginability and maintenance requirement with Fidelity before relying on it.
Does Fidelity offer portfolio margin?
Yes. Fidelity offers portfolio margin to approved accounts, typically requiring at least $150K in equity. Portfolio margin is risk-based and can allow materially higher leverage than the standard 2x Reg T limit; it also raises the stakes of a margin call.
What are the risks of borrowing against a Bitcoin ETF at Fidelity?
Margin uses leverage, which amplifies losses. If your ETF drops, Fidelity can issue a margin call and sell your shares without notice, and you can lose more than you invested. Margin rates are variable. This is a higher-risk path than an over-collateralized Bitcoin-backed loan. This is general information, not advice.
Borrowing against a Bitcoin ETF through a brokerage is margin lending, a fundamentally different and higher-risk path than an over-collateralized Bitcoin-backed loan. Margin uses leverage, which amplifies losses as well as gains. If your ETF falls in value the broker can issue a margin call and sell your shares without notice, possibly at the worst time, and you can lose more than you put in. Margin interest rates are variable and reset when benchmark rates move. Each broker sets its own house maintenance requirement on a single volatile crypto ETF, which is often higher than the standard 25 to 30 percent, is set per security, and can change without notice. We are a publisher, not a broker, lender, or investment adviser, and nothing here is a recommendation to use margin or leverage. Verify every figure, and your own eligibility, with the broker before acting.
borrowonbitcoin.com is a publisher, not a broker-dealer, bank, or investment adviser. We may receive compensation from some brokers when you visit them through our site; affiliate links are labeled. Compensation never changes a broker's ranking, position, or the data we publish. Comparing or listing a broker is not an endorsement of that broker or of margin trading. Margin and leverage involve a real risk of losing more than you invest; verify all terms with the broker before applying.