Coinbase launched cbBTC with a circulating supply of 1969 and a market value of nearly $120 million
According to Dune data, the circulating supply of encapsulated bitcoin Coinbase Wrapped BTC (cbBTC) launched by Coinbase reached 1,969, accounting for 55.3% on the Ethereum chain and 44.7% on the Base chain.
CBBTC's current market cap is close to $120 million ($118,025,715), with 24H trading volume exceeding $290 million.