BlockBeats news, on June 29th, according to Dune data, the circulating supply of Coinbase Wrapped BTC (cbBTC), a packaged Bitcoin launched by Coinbase, exceeded 46000, an increase of over 13000 in the past month. The current market value of cbBTC is about $4.725 billion, and its share in the packaged Bitcoin market has expanded to 25.1%, second only to wBTC's 70.2%.