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Fidelity Treasury Digital Fund OnChain share class (FDIT)Updated 26 Oct 2026

An OnChain share class of Fidelity's Treasury Digital Fund, a US-registered Treasury money market fund, in which the transfer agent keeps the official register in book entry and mirrors share ownership onto Ethereum, reconciling the two daily. Each Fidelity Digital Interest Token stands for one share. Use is so far concentrated in a handful of holders.

AnnouncedProof of conceptPilotLive (limited)Live (scaled)

Live (limited) since 2025[1] — About $21 million on chain and three holders in October 2026. · Reviewed 13d ago

Assets
Fund interest[3]
Ethereum record mirroring a book-entry share class reconciled daily
Networks
Ethereum Public, permissionless[3]
Use cases
Fund subscription and redemption[1]
Jurisdictions
United States

Participants

Assets

Metrics

  • $20.92mAssets under management · as of 11 Oct 2026 · on Ethereumcontext[1]
    On-chain via rwa.xyz; Ethereum is the only chain. Recorded on ledger: the ledger mirrors an ownership record kept elsewhere, so this balance is counted in the separate recorded-on-ledger figure, not in totals.
  • 3 holdersToken holders · as of 11 Oct 2026context[1]
    On-chain via rwa.xyz. Recorded on ledger: the ledger mirrors an ownership record kept elsewhere, so this balance is counted in the separate recorded-on-ledger figure, not in totals.
  • $12.08m / monthGross subscriptions · as of Jun 2026[4]
    June 2026 total gross subscriptions of the OnChain Class (C000261149), from the fund's N-MFP3.
  • $78.57m / monthGross redemptions · as of Jun 2026context[4]
    June 2026 total gross redemptions of the same class. Context so subscriptions and redemptions are not added together (decision 2026-10-26-flows-2).
  • $15.5m / monthGross subscriptions · as of Jul 2026[5]
    July 2026 total gross subscriptions of the OnChain Class (C000261149), from the fund's N-MFP3.
  • $24.64m / monthGross redemptions · as of Jul 2026context[5]
    July 2026 total gross redemptions of the same class. Context so subscriptions and redemptions are not added together (decision 2026-10-26-flows-2).
  • $217,515 / monthGross subscriptions · as of Aug 2026[6]
    August 2026 total gross subscriptions of the OnChain Class (C000261149), from the fund's N-MFP3.
  • $32.44m / monthGross redemptions · as of Aug 2026context[6]
    August 2026 total gross redemptions of the same class. Context so subscriptions and redemptions are not added together (decision 2026-10-26-flows-2).
  • $8.66m / monthGross subscriptions · as of Sep 2026[7]
    September 2026 total gross subscriptions of the OnChain Class (C000261149), from the fund's N-MFP3.
  • $16.67m / monthGross redemptions · as of Sep 2026context[7]
    September 2026 total gross redemptions of the same class. Context so subscriptions and redemptions are not added together (decision 2026-10-26-flows-2).
  • $23.15mClass net assets · as of 30 Sep 2026context[7]
    Net assets of the OnChain Class (C000261149) at month end, from the N-MFP3. Recorded on ledger: the ledger mirrors an ownership record kept elsewhere, so this balance is counted in the separate recorded-on-ledger figure, not in totals.

Timeline

  1. Happened 4 Aug 2025 · Launch · recorded 11 Oct 2026
    Token inception date as listed by rwa.xyz.[2]
  2. Happened 21 Mar 2025 · Announcement · recorded 11 Oct 2026
    Fidelity files with the SEC to add an Ethereum-recorded OnChain share class to its Treasury Digital Fund, expected to take effect on 30 May 2025.[3]

Sources

  1. [1]FDIT asset page — RWA.xyz. Accessed 11 Oct 2026.A
  2. [2]FDIT asset page (fund profile and service provider listing) — RWA.xyz. Accessed 11 Oct 2026.C
  3. [3]Fidelity to launch 'OnChain' Ethereum-tracked shares for Treasury money market fund — The Block, 23 Mar 2025. Accessed 11 Oct 2026.C
  4. [4]Fidelity Treasury Digital Fund: Form N-MFP3 monthly report for June 2026 — Fidelity Hereford Street Trust (SEC Form N-MFP3), 8 Jul 2026. Accessed 26 Oct 2026.A
  5. [5]Fidelity Treasury Digital Fund: Form N-MFP3 monthly report for July 2026 — Fidelity Hereford Street Trust (SEC Form N-MFP3), 7 Aug 2026. Accessed 26 Oct 2026.A
  6. [6]Fidelity Treasury Digital Fund: Form N-MFP3 monthly report for August 2026 — Fidelity Hereford Street Trust (SEC Form N-MFP3), 8 Sep 2026. Accessed 26 Oct 2026.A
  7. [7]Fidelity Treasury Digital Fund: Form N-MFP3 monthly report for September 2026 — Fidelity Hereford Street Trust (SEC Form N-MFP3), 7 Oct 2026. Accessed 26 Oct 2026.A

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