Coinbase's packaged Bitcoin cbBTC has a market value of over 6.3 billion US dollars and a circulating supply of 53822 coins

2025-07-22 07:46

According to Dune data, on July 22nd, the circulating supply of Coinbase Wrapped BTC (cbBTC), a packaged Bitcoin launched by Coinbase, reached 53822 units, with an increase of over 7300 units in the past month. The current market value of cbBTC has exceeded 6.3 billion US dollars, ranking second in the market share of packaged Bitcoin with a market share of 26.2%, second only to wBTC.

Coinbase's packaged Bitcoin cbBTC has a market value of over 6.3 billion US dollars and a circulating supply of 53822 coins

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