Wrapped BTC supply by issuer

Name: Wrapped BTC supply by issuer
Creator: Onchain BTC Research

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

Date against each series, in percent.
Date	WBTC	cbBTC	Other wrappers
2025-09-28	42%	21%	3.8%
2025-10-01	42%	21%	3.8%
2025-10-04	42%	22%	3.8%
2025-10-07	42%	22%	3.7%
2025-10-10	41%	23%	3.9%
2025-10-13	41%	23%	3.9%
2025-10-16	41%	23%	3.9%
2025-10-19	41%	23%	3.8%
2025-10-22	41%	23%	3.9%
2025-10-25	41%	23%	3.9%
2025-10-28	41%	23%	3.8%
2025-10-31	41%	24%	3.9%
2025-11-03	41%	24%	3.8%
2025-11-06	40%	24%	4.1%
2025-11-09	40%	24%	4.0%
2025-11-12	40%	24%	3.8%
2025-11-15	40%	24%	3.8%
2025-11-18	40%	24%	3.7%
2025-11-21	41%	24%	3.7%
2025-11-24	40%	24%	3.7%
2025-11-27	40%	24%	3.7%
2025-11-30	40%	23%	3.7%
2025-12-03	40%	23%	3.7%
2025-12-06	40%	24%	3.7%
2025-12-09	40%	23%	3.8%
2025-12-12	40%	24%	3.8%
2025-12-15	40%	24%	3.7%
2025-12-18	40%	24%	3.6%
2025-12-21	40%	24%	3.6%
2025-12-24	40%	24%	3.7%
2025-12-27	40%	24%	3.6%
2025-12-30	40%	24%	3.9%
2026-01-02	40%	25%	3.7%
2026-01-05	40%	25%	3.6%
2026-01-08	40%	25%	3.7%
2026-01-11	40%	25%	3.6%
2026-01-14	40%	25%	3.6%
2026-01-17	39%	25%	3.8%
2026-01-20	39%	25%	3.8%
2026-01-23	39%	25%	4.0%
2026-01-26	39%	25%	4.0%
2026-01-29	39%	26%	3.9%
2026-02-01	39%	25%	3.9%
2026-02-04	38%	26%	3.9%
2026-02-07	37%	27%	3.8%
2026-02-10	37%	27%	3.6%
2026-02-13	37%	28%	3.7%
2026-02-16	37%	28%	3.7%
2026-02-19	37%	28%	3.7%
2026-02-22	37%	28%	3.7%
2026-02-25	37%	28%	3.7%
2026-02-28	37%	28%	3.7%
2026-03-03	37%	28%	3.6%
2026-03-06	37%	28%	3.6%
2026-03-09	37%	28%	3.5%
2026-03-12	37%	28%	3.6%
2026-03-15	37%	28%	3.5%
2026-03-18	37%	28%	3.5%
2026-03-21	37%	28%	3.4%
2026-03-24	37%	28%	3.5%
2026-03-27	37%	28%	3.7%
2026-03-30	37%	28%	3.7%
2026-04-02	37%	28%	3.7%
2026-04-05	37%	28%	3.8%
2026-04-08	37%	28%	3.8%
2026-04-11	37%	28%	3.7%
2026-04-14	37%	28%	3.7%
2026-04-17	37%	28%	3.8%
2026-04-20	38%	25%	3.7%
2026-04-23	39%	25%	3.7%
2026-04-26	38%	25%	3.7%
2026-04-29	38%	26%	3.7%
2026-05-02	38%	26%	3.6%
2026-05-05	38%	26%	3.6%
2026-05-08	38%	27%	3.5%
2026-05-11	38%	27%	3.5%
2026-05-14	38%	26%	3.5%
2026-05-17	38%	27%	3.5%
2026-05-20	38%	27%	3.5%
2026-05-23	38%	27%	3.5%
2026-05-26	38%	27%	3.5%
2026-05-29	37%	28%	3.4%
2026-06-01	37%	28%	3.2%
2026-06-04	37%	28%	3.5%
2026-06-07	37%	28%	3.6%
2026-06-10	37%	28%	3.3%
2026-06-13	37%	28%	3.0%
2026-06-16	37%	28%	3.0%
2026-06-19	37%	28%	3.1%
2026-06-22	37%	28%	3.1%
2026-06-25	37%	29%	3.1%
2026-06-28	37%	29%	3.0%
2026-07-01	37%	29%	2.9%
2026-07-04	36%	30%	2.9%
2026-07-07	37%	29%	2.8%
2026-07-10	36%	30%	2.8%
2026-07-13	36%	30%	2.7%
2026-07-16	36%	30%	2.5%
2026-07-19	36%	30%	2.5%
2026-07-22	36%	30%	2.5%
2026-07-25	36%	30%	2.5%
2026-07-28	36%	31%	2.5%
2026-07-31	36%	30%	2.4%
2026-08-03	36%	31%	2.5%
2026-08-06	36%	31%	2.4%
2026-08-09	36%	31%	2.4%
2026-08-12	36%	31%	2.4%
2026-08-15	36%	31%	2.4%
2026-08-18	36%	31%	2.4%
2026-08-21	36%	31%	2.4%
2026-08-24	36%	31%	2.4%
2026-08-27	36%	31%	2.5%
2026-08-30	36%	31%	2.5%
2026-09-02	36%	31%	2.5%
2026-09-05	36%	31%	2.5%
2026-09-08	36%	31%	2.6%
2026-09-11	36%	31%	2.5%
2026-09-14	36%	31%	2.5%
2026-09-17	36%	31%	2.6%
2026-09-20	36%	31%	2.7%
2026-09-23	36%	31%	2.7%
2026-09-26	36%	30%	2.6%

Also as: indexed to 100levels, linear

X LinkedIn

28 Jul 2026ResearchWBTC 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.

Wrapped BTC supply by issuer

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