Net minting by issuer
Which issuers are minting wrapped BTC, and which are redeeming it?
In Aug 2026, enzoBTC net redeemed 1,103 BTC; net across issuers was −1,151 BTC.
Source: Onchain mint/burn events — Onchain BTC ResearchMethodology
View underlying data
| Month | enzoBTC | BTC.b | mHyperBTC | echoBTC |
|---|---|---|---|---|
| 2025-09-01 | -521 BTC | -349 BTC | 0 BTC | 0 BTC |
| 2025-10-01 | 851 BTC | 72 BTC | 0 BTC | 0 BTC |
| 2025-11-01 | 3.6k BTC | -574 BTC | 0 BTC | 0 BTC |
| 2025-12-01 | -665 BTC | -195 BTC | 0 BTC | 0 BTC |
| 2026-01-01 | 900 BTC | -97 BTC | 0 BTC | 0 BTC |
| 2026-02-01 | 0.0 BTC | -223 BTC | 0 BTC | 0.1 BTC |
| 2026-03-01 | 100 BTC | -192 BTC | 57 BTC | 25 BTC |
| 2026-04-01 | 0 BTC | -573 BTC | 5.0 BTC | 484 BTC |
| 2026-05-01 | 0 BTC | 106 BTC | -5.0 BTC | 45 BTC |
| 2026-06-01 | 105 BTC | 283 BTC | 0 BTC | 0 BTC |
| 2026-07-01 | 1.3k BTC | -1.1k BTC | 0 BTC | 0 BTC |
| 2026-08-01 | -1.1k BTC | -48 BTC | 0 BTC | 0 BTC |
Related
- ResearchWBTC vs cbBTC: cbBTC added 42k BTC in a year while most others shrankTokenized Bitcoin supply on the covered chains rose from 271k to 300k BTC over the trailing year. cbBTC grew by 42k; WBTC, tBTC, LBTC, SolvBTC and the smaller wrappers together shrank by 13k.
- MovementChartWhere wrapped BTC sits, by chainWhich chains hold tokenized BTC, and how concentrated is that distribution?