BlockBeats News, June 29th, according to Dune Analytics data, the circulating supply of Coinbase's wrapped Bitcoin, Coinbase Wrapped BTC (cbBTC), has exceeded 46,000 coins. In the past month, it has increased by over 13,000 coins. The current market cap of cbBTC is approximately $4.725 billion, expanding its share in the wrapped Bitcoin market to 25.1%, second only to wBTC's 70.2%.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.