Onchain BTC Research

Wrapped BTC supply by issuer

How is tokenized BTC supply split between issuers, and how is that changing?

ChartTable
Date against each series, in index.
DatecbBTCBTCBenzoBTC
2025-09-28100100100
2025-10-01103100100
2025-10-04105100100
2025-10-07110100100
2025-10-10113100100
2025-10-13113100166
2025-10-16115100166
2025-10-19114100166
2025-10-22116100278
2025-10-25116100278
2025-10-28117100518
2025-10-31118100493
2025-11-03119100493
2025-11-06121100956
2025-11-091211001,141
2025-11-121211001,395
2025-11-151211001,210
2025-11-181221001,441
2025-11-211191001,441
2025-11-241211001,651
2025-11-271221001,975
2025-11-301181002,172
2025-12-031171001,992
2025-12-061191001,992
2025-12-091191002,145
2025-12-121201002,049
2025-12-151211002,049
2025-12-181231002,049
2025-12-211221002,049
2025-12-241201001,864
2025-12-271211001,864
2025-12-301221001,864
2026-01-021271002,095
2026-01-051271002,326
2026-01-081261002,326
2026-01-111271002,280
2026-01-141271002,280
2026-01-171281002,280
2026-01-201281002,280
2026-01-231301002,280
2026-01-261311002,280
2026-01-291331002,280
2026-02-011301002,280
2026-02-041341002,280
2026-02-071451002,280
2026-02-101451002,280
2026-02-131481002,280
2026-02-161481002,280
2026-02-191471002,280
2026-02-221461002,280
2026-02-251481002,280
2026-02-281471002,280
2026-03-031461002,280
2026-03-061461002,280
2026-03-091461002,280
2026-03-121461002,280
2026-03-151471002,326
2026-03-181451002,326
2026-03-211461002,326
2026-03-241461002,326
2026-03-271471002,326
2026-03-301471002,326
2026-04-021481002,326
2026-04-051481002,326
2026-04-081441002,326
2026-04-111451002,326
2026-04-141471002,326
2026-04-171451002,326
2026-04-201271002,326
2026-04-231271002,326
2026-04-261281002,326
2026-04-291291002,326
2026-05-021291002,326
2026-05-051281002,326
2026-05-081361002,326
2026-05-111371002,326
2026-05-141341002,326
2026-05-171351002,326
2026-05-201361002,326
2026-05-231381002,326
2026-05-261391002,326
2026-05-291421002,326
2026-06-011451002,326
2026-06-041441002,326
2026-06-071471002,326
2026-06-101441002,326
2026-06-131431002,326
2026-06-161431002,326
2026-06-191441002,326
2026-06-221441002,326
2026-06-251501002,375
2026-06-281521002,375
2026-07-011541002,375
2026-07-041551002,375
2026-07-071541002,495
2026-07-101591002,495
2026-07-131601002,495
2026-07-161601002,495
2026-07-191601002,495
2026-07-221601002,495
2026-07-251601002,957
2026-07-281631002,957
2026-07-311621002,957
2026-08-031621002,957
2026-08-061621002,957
2026-08-091631002,957
2026-08-121641002,957
2026-08-151631002,957
2026-08-181641002,495
2026-08-211651002,495
2026-08-241641002,495
2026-08-271651002,447
2026-08-301661002,447
2026-09-021661002,447
2026-09-051691002,446
2026-09-081661002,446
2026-09-111671002,446
2026-09-141671002,446
2026-09-171681002,446
2026-09-201661002,446
2026-09-231651002,446
2026-09-261641002,446

Tokenized BTC supply in this view totals 164,418 BTC. cbBTC accounts for 57.1% and BTCB for 39.7% of total.

Source: Onchain supply; bridge escrow netted wherever it is measured — Onchain BTC ResearchMethodology

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Also as: share of totallog scalelevels, linear

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