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	cirBTC	tBTC
2025-09-28	0.0%	2.0%
2025-10-01	0.0%	2.0%
2025-10-04	0.0%	2.0%
2025-10-07	0.0%	2.0%
2025-10-10	0.0%	1.9%
2025-10-13	0.0%	1.8%
2025-10-16	0.0%	1.7%
2025-10-19	0.0%	1.8%
2025-10-22	0.0%	1.7%
2025-10-25	0.0%	1.7%
2025-10-28	0.0%	1.7%
2025-10-31	0.0%	1.7%
2025-11-03	0.0%	1.7%
2025-11-06	0.0%	1.7%
2025-11-09	0.0%	1.7%
2025-11-12	0.0%	1.7%
2025-11-15	0.0%	1.8%
2025-11-18	0.0%	1.8%
2025-11-21	0.0%	1.8%
2025-11-24	0.0%	1.8%
2025-11-27	0.0%	1.8%
2025-11-30	0.0%	1.9%
2025-12-03	0.0%	1.8%
2025-12-06	0.0%	1.8%
2025-12-09	0.0%	1.8%
2025-12-12	0.0%	1.8%
2025-12-15	0.0%	1.8%
2025-12-18	0.0%	1.8%
2025-12-21	0.0%	1.8%
2025-12-24	0.0%	1.8%
2025-12-27	0.0%	1.8%
2025-12-30	0.0%	1.7%
2026-01-02	0.0%	1.7%
2026-01-05	0.0%	1.7%
2026-01-08	0.0%	1.7%
2026-01-11	0.0%	1.7%
2026-01-14	0.0%	1.7%
2026-01-17	0.0%	1.7%
2026-01-20	0.0%	1.7%
2026-01-23	0.0%	1.7%
2026-01-26	0.0%	1.7%
2026-01-29	0.0%	1.7%
2026-02-01	0.0%	1.8%
2026-02-04	0.0%	1.8%
2026-02-07	0.0%	1.9%
2026-02-10	0.0%	1.9%
2026-02-13	0.0%	1.8%
2026-02-16	0.0%	1.7%
2026-02-19	0.0%	1.7%
2026-02-22	0.0%	1.7%
2026-02-25	0.0%	1.7%
2026-02-28	0.0%	1.7%
2026-03-03	0.0%	1.7%
2026-03-06	0.0%	1.6%
2026-03-09	0.0%	1.7%
2026-03-12	0.0%	1.6%
2026-03-15	0.0%	1.6%
2026-03-18	0.0%	1.6%
2026-03-21	0.0%	1.6%
2026-03-24	0.0%	1.6%
2026-03-27	0.0%	1.6%
2026-03-30	0.0%	1.7%
2026-04-02	0.0%	1.7%
2026-04-05	0.0%	1.7%
2026-04-08	0.0%	1.7%
2026-04-11	0.0%	1.7%
2026-04-14	0.0%	1.7%
2026-04-17	0.0%	1.7%
2026-04-20	0.0%	1.7%
2026-04-23	0.0%	1.6%
2026-04-26	0.0%	1.6%
2026-04-29	0.0%	1.6%
2026-05-02	0.0%	1.6%
2026-05-05	0.0%	1.6%
2026-05-08	0.0%	1.6%
2026-05-11	0.0%	1.6%
2026-05-14	0.0%	1.6%
2026-05-17	0.0%	1.6%
2026-05-20	0.0%	1.5%
2026-05-23	0.0%	1.5%
2026-05-26	0.0%	1.5%
2026-05-29	0.0%	1.5%
2026-06-01	0.0%	1.5%
2026-06-04	0.0%	1.5%
2026-06-07	0.0%	1.5%
2026-06-10	0.0%	1.6%
2026-06-13	0.0%	1.6%
2026-06-16	0.0%	1.6%
2026-06-19	0.0%	1.6%
2026-06-22	0.0%	1.5%
2026-06-25	0.0%	1.5%
2026-06-28	0.0%	1.5%
2026-07-01	0.0%	1.5%
2026-07-04	0.0%	1.5%
2026-07-07	0.0%	1.5%
2026-07-10	0.0%	1.5%
2026-07-13	0.0%	1.5%
2026-07-16	0.0%	1.5%
2026-07-19	0.0%	1.5%
2026-07-22	0.0%	1.5%
2026-07-25	0.0%	1.5%
2026-07-28	0.0%	1.4%
2026-07-31	0.0%	1.4%
2026-08-03	0.0%	1.4%
2026-08-06	0.0%	1.4%
2026-08-09	0.0%	1.4%
2026-08-12	0.0%	1.3%
2026-08-15	0.0%	1.4%
2026-08-18	0.0%	1.4%
2026-08-21	0.0%	1.3%
2026-08-24	0.0%	1.3%
2026-08-27	0.0%	1.3%
2026-08-30	0.0%	1.3%
2026-09-02	0.0%	1.3%
2026-09-05	0.0%	1.3%
2026-09-08	0.0%	1.3%
2026-09-11	0.1%	1.3%
2026-09-14	0.1%	1.3%
2026-09-17	0.3%	1.3%
2026-09-20	0.3%	1.3%
2026-09-23	0.6%	1.3%
2026-09-26	1.7%	1.3%

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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