WBTC Growth Shows Ethereum Users Appreciate the Exposure to Bitcoin

07/02/2023 15:33
WBTC Growth Shows Ethereum Users Appreciate the Exposure to Bitcoin

The growth of wrapped BTC hit an all-time high in January before backtracking slightly this month. WBTC is essentially a receipt token for Bitcoin in the form of an Ethereum-based token, called ERC-20. Chart of the Day shows that users of Ethereum appreciate exposure to bitcoin. Christine Lee explains the data on “All About ETH.”

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