$WBTC ๐ WBTC is Bitcoin wrapped as a token so BTC can be used in DeFi on smart-contract chains like Ethereum. ๏ฟฝ
๐ It tracks BTC price closely and has strong liquidity in DeFi markets. ๏ฟฝ
๐ Now expanding to multiple chains (like Hedera & Tron) for wider utility. ๏ฟฝ
๐ผ Institutions are active in WBTC markets, rotating assets and exploring portfolio strategies. ๏ฟฝ
โ ๏ธ Some exchanges are adjusting listings vs new wrapped competitors. ๏ฟฝ
๐ก WBTC bridges Bitcoin to DeFi without selling BTC itself. ๏ฟฝ
๐ Long-term value tied heavily to Bitcoinโs market performance. ๏ฟฝ
โจ Great for Bitcoin holders who want DeFi exposure, but remember crypto risks!
