Convert Wrapped Bitcoin WBTC to Superstate Short Duration U.S. Government Securities Fund (USTB) USTB
WBTC to USTB: 1 Wrapped Bitcoin converts to 5,758.10 USTB
About WBTC and USTB
Wrapped Bitcoin is climbing, while Superstate Short Duration U.S. Government Securities Fund (USTB) is falling this week. The current WBTC to USTB conversion rate is 5,758.10. Inversely, this means that if you convert 1 USTB you will get 0.0001737 WBTC. The conversion rate of WBTC/USTB has decreased by 0.02% in the last hour (USTB/WBTC increased by 0.02%). In the last 24 hours, WBTC/USTB grew by 1.05%, while USTB/WBTC shrunk by the same amount.
The exchange rate of Wrapped Bitcoin is increasing. The current value of 1 WBTC is 5,758.10 USTB. In other words, to buy 5 Wrapped Bitcoin, it would cost you 28,790.49 USTB. Inversely, 1 USTB would allow you to trade for 0.0001737 WBTC while 50 USTB would convert to 0.008683 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 6.38%. Meanwhile, in the last 24 hours, the rate has changed by 1.09%, which means that the highest exchange rate of 1 WBTC to USTB was 5,779.16 USTB and the lowest 24 hour value was 1 WBTC for 5,515.63 USTB. Last month, 1 WBTC was worth 5,521.11 USTB. Today, it's up 4.12%. Looking back a year, Wrapped Bitcoin has changed by 10,139.50 USTB. That means that in a single year, the value of Wrapped Bitcoin has shrank by 76.09%.
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.
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.
Conversion tables
WBTC to USTB values from Today at 12:36 am
0.5 WBTC = 2,879.05 USTB |
1 WBTC = 5,758.10 USTB |
5 WBTC = 28,790.49 USTB |
10 WBTC = 57,580.97 USTB |
50 WBTC = 287,904.86 USTB |
100 WBTC = 575,809.73 USTB |
500 WBTC = 2,879,048.65 USTB |
1,000 WBTC = 5,758,097.29 USTB |
USTB to WBTC values from Today at 12:38 am
0.5 USTB = 0.00008683 WBTC |
1 USTB = 0.0001737 WBTC |
5 USTB = 0.0008683 WBTC |
10 USTB = 0.001737 WBTC |
50 USTB = 0.008683 WBTC |
100 USTB = 0.01737 WBTC |
500 USTB = 0.08683 WBTC |
1,000 USTB = 0.1737 WBTC |
WBTC to USTB over time
WBTC | Today | 24H 1.09% | 1M 4.12% | 1Y -76.09% |
|---|---|---|---|---|
0.5 WBTC | 2,879.05 USTB | 2,847.56 USTB | 2,760.55 USTB | 5,069.75 USTB |
1 WBTC | 5,758.10 USTB | 5,695.12 USTB | 5,521.11 USTB | 10,139.50 USTB |
5 WBTC | 28,790.49 USTB | 28,475.59 USTB | 27,605.54 USTB | 50,697.52 USTB |
10 WBTC | 57,580.97 USTB | 56,951.17 USTB | 55,211.08 USTB | 101,395.03 USTB |
50 WBTC | 287,904.86 USTB | 284,755.85 USTB | 276,055.41 USTB | 506,975.17 USTB |
100 WBTC | 575,809.73 USTB | 569,511.70 USTB | 552,110.82 USTB | 1,013,950.34 USTB |
500 WBTC | 2,879,048.65 USTB | 2,847,558.51 USTB | 2,760,554.11 USTB | 5,069,751.69 USTB |
1,000 WBTC | 5,758,097.29 USTB | 5,695,117.02 USTB | 5,521,108.22 USTB | 10,139,503.38 USTB |
Frequently asked questions
Right now, 1 Wrapped Bitcoin is worth about $64,105.54.
Based on the current rate, you could get 0.0000156 WBTC for 1 USD.
Wrapped Bitcoin price has been on the rise. Since yesterday, the exchange rate of Wrapped Bitcoin has increased. Since last month, the exchange rate of Wrapped Bitcoin has increased. Since this time last year, the price of Wrapped Bitcoin has decreased.
You can use our WBTC to USD calculator at the top of this page to convert any amount of WBTC to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.000078 WBTC. Inversely, 5 WBTC will cost about $320,527.68
Wrapped Bitcoin is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Wrapped Bitcoin.
There are a number of crypto assets that have the a similar or comparable market cap to Wrapped Bitcoin, including Lido wstETH, Wrapped Beacon ETH, and USDS. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped Bitcoin.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.