The circulation supply of cbBTC exceeded 46,000 pieces, expanding its share in the encapsulated bitcoin market to 25.1%

Crypto 7x24

2025-06-29 16:14:55

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According to online reports, according to Dune data, the circulation supply of packaged bitcoin Coinbase Wrapped BTC (cbBTC) launched by Coinbase exceeded 46,000 units, an increase of more than 13,000 units in the past month. The current market value of cbBTC is approximately US$4.725 billion, and its share in the packaged bitcoin market has expanded to 25.1%, second only to wBTC's 70.2%.

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The circulation supply of cbBTC exceeded 46,000 pieces, expanding its share in the encapsulated bitcoin market to 25.1%
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