cbBTC Circulating Supply Surpasses 46,000 Coins, Expanding its Market Share in the Wrapped Bitcoin Space to 25.1%

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%.