Convert Superstate Short Duration U.S. Government Securities Fund (USTB) USTB to Wrapped Bitcoin WBTC
USTB to WBTC: 1 Superstate Short Duration U.S. Government Securities Fund (USTB) converts to 0.0001725 WBTC
About USTB and WBTC
Superstate Short Duration U.S. Government Securities Fund (USTB) is falling, while Wrapped Bitcoin is climbing this week. The current USTB to WBTC conversion rate is 0.0001725. Inversely, this means that if you convert 1 WBTC you will get 5,796.92 USTB. The conversion rate of USTB/WBTC has increased by 0.07% in the last hour (WBTC/USTB decreased by 0.07%). In the last 24 hours, USTB/WBTC shrunk by 1.16%, while WBTC/USTB grew by the same amount.
The exchange rate of Superstate Short Duration U.S. Government Securities Fund (USTB) is decreasing. The current value of 1 USTB is 0.0001725 WBTC. In other words, to buy 5 Superstate Short Duration U.S. Government Securities Fund (USTB), it would cost you 0.0008625 WBTC. Inversely, 1 WBTC would allow you to trade for 5,796.92 USTB while 50 WBTC would convert to 289,845.90 USTB, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.34%. Meanwhile, in the last 24 hours, the rate has changed by 1.18%, and that the highest exchange rate of 1 USTB to WBTC was 0.0001746 WBTC and the lowest 24 hour value was 1 USTB for 0.000172 WBTC. Last month, 1 USTB was worth 0.000178 WBTC. Today, it's down 3.17%. Looking back a year, Superstate Short Duration U.S. Government Securities Fund (USTB) has changed by 0.00009172 WBTC. That means that in a single year, the value of Superstate Short Duration U.S. Government Securities Fund (USTB) has grown by 46.83%.
Superstate Short Duration U.S. Government Securities Fund (USTB) Market Stats
USTB’s innovative structure and partnership with established service providers breaks new ground in the private funds space. The fund invests in short duration U.S. Treasury and U.S. Agency securities, targeting the federal funds rate, with a 0.15% management fee.1 Accepted U.S. Qualified Purchasers are able to subscribe to and redeem from the Fund using USDC2 at a daily NAV which is calculated by NAV Consulting. USTB’s Ethereum-based Allowlist enables on-chain ownership, transfer, and compliance. Additionally in the future, it is likely that peer-to-peer transactions will be possible, subject to applicable restrictions. The Fund’s flexibility carries through to custody; investors can self-custody USTB in the on-chain addresses of their choice, such as an EOA, multi-sig, or MPC wallet. Additionally, investors can choose to utilize Anchorage Digital Bank National Association, a custodian and federally chartered bank, or BitGo, a qualified custodian and New York state chartered trust. Superstate, an Exempt Reporting Adviser, serves as the Fund’s investment manager, with Federated Hermes serving as the Fund’s sub-advisor. USTB is a series of a Delaware Trust, which is legally separate from Superstate. For more Fund details, please consult the USTB information page. USTB marks the start of our mission to tokenize the world’s assets. We’re committed to developing regulated, modern investing products that enhance investment opportunities for institutions, and, ultimately, all investors.
Wrapped Bitcoin Market Stats
Wrapped Bitcoin (WBTC) is an Ethereum token that is intended to represent Bitcoin (BTC) on the Ethereum blockchain. It is not Bitcoin, but rather a separate ERC-20 token that’s designed to track Bitcoin’s value. WBTC was created to allow Bitcoin holders to participate in decentralized finance (“DeFi”) apps that are popular on Ethereum. Through a WBTC partner, 1 Bitcoin can be exchanged for 1 Wrapped Bitcoin, and vice-versa. The BTC that backs WBTC is verifiable through a “proof of reserve” system that verifies the 1:1 backing between minted WBTC tokens and Bitcoin stored by custodians. WBTC is maintained by a group called the WBTC DAO that consists of over 30 members. It was originally started by BitGo, Ren, and Kyber.
Conversion tables
USTB to WBTC values from Today at 6:32 am
0.5 USTB = 0.00008625 WBTC |
1 USTB = 0.0001725 WBTC |
5 USTB = 0.0008625 WBTC |
10 USTB = 0.001725 WBTC |
50 USTB = 0.008625 WBTC |
100 USTB = 0.01725 WBTC |
500 USTB = 0.08625 WBTC |
1,000 USTB = 0.1725 WBTC |
WBTC to USTB values from Today at 6:30 am
0.5 WBTC = 2,898.46 USTB |
1 WBTC = 5,796.92 USTB |
5 WBTC = 28,984.59 USTB |
10 WBTC = 57,969.18 USTB |
50 WBTC = 289,845.90 USTB |
100 WBTC = 579,691.80 USTB |
500 WBTC = 2,898,458.99 USTB |
1,000 WBTC = 5,796,917.99 USTB |
USTB to WBTC over time
USTB | Today | 24H -1.18% | 1M -3.17% | 1Y 46.83% |
|---|---|---|---|---|
0.5 USTB | 0.00008625 WBTC | 0.00008727 WBTC | 0.00008898 WBTC | 0.00004586 WBTC |
1 USTB | 0.0001725 WBTC | 0.0001745 WBTC | 0.000178 WBTC | 0.00009172 WBTC |
5 USTB | 0.0008625 WBTC | 0.0008727 WBTC | 0.0008898 WBTC | 0.0004586 WBTC |
10 USTB | 0.001725 WBTC | 0.001745 WBTC | 0.00178 WBTC | 0.0009172 WBTC |
50 USTB | 0.008625 WBTC | 0.008727 WBTC | 0.008898 WBTC | 0.004586 WBTC |
100 USTB | 0.01725 WBTC | 0.01745 WBTC | 0.0178 WBTC | 0.009172 WBTC |
500 USTB | 0.08625 WBTC | 0.08727 WBTC | 0.08898 WBTC | 0.04586 WBTC |
1,000 USTB | 0.1725 WBTC | 0.1745 WBTC | 0.178 WBTC | 0.09172 WBTC |
Frequently asked questions
Right now, 1 Superstate Short Duration U.S. Government Securities Fund (USTB) is worth about $11.15.
Based on the current rate, you could get 0.0897 USTB for 1 USD.
You can use our USTB to USD calculator at the top of this page to convert any amount of USTB to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.4485 USTB. Inversely, 5 USTB will cost about $55.74
Superstate Short Duration U.S. Government Securities Fund (USTB) can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Superstate Short Duration U.S. Government Securities Fund (USTB).
There are a number of crypto assets that have the a similar or comparable market cap to Superstate Short Duration U.S. Government Securities Fund (USTB), including SigRSV, AB Group, and StakeWise Staked GNO. For a more robust list of assets to explore, jump to the asset page dedicated to Superstate Short Duration U.S. Government Securities Fund (USTB).
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