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Wrapped Bitcoin is Now the Ether’s 4th Largest Token

  • November 25, 2020

Currently, the market capitalization of Wrapped Bitcoin is $2.35B what makes it the 4th largest token issued on the Ethereum blockchain.

For less than one month, the market cap of WBTC has increased over 50% and exceeded CRO‘s capitalization.

WBTC is the most popular version of Bitcoin that has been tokenized on Ether. It makes up 82% of the total BTC held on Ethereum: 124,481 out of 152,101.


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