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Convert and swap Wrapped Bitcoin WBTC to Coinbase Wrapped Staked ETH CBETH

WBTC/CBETH: 1 Wrapped Bitcoin equals 32.02 CBETH

Wrapped Bitcoin (WBTC) is not tradable on Coinbase.

Data is sourced from CoinMarketCap and other third parties. We make no representation on the accuracy of the data provided. Learn more

Last update: 11:05 PM, February 5, 2025

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Wrapped Bitcoin market latest

Wrapped Bitcoin is falling this week.

The current WBTC to cbETH conversion rate is 32.02. Inversely, this means that if you convert 1 cbETH you will get 0.03 WBTC.

The conversion rate of WBTC/cbETH has decreased by 0.13% in the last hour and shrunk by 3.87% in the last 24 hours.

$12.48B
$457.96M
129.3K WBTC

Coinbase Wrapped Staked ETH is climbing this week.

The current cbETH to WBTC conversion rate is 0.03. Inversely, this means that if you convert 1 WBTC you will get 32.02 cbETH.

The conversion rate of cbETH/WBTC has increased by 0.13% in the last hour and grown by 3.87% in the last 24 hours.

$432.34M
$2.08M
144.1K cbETH

About Wrapped Bitcoin

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.

About Coinbase Wrapped Staked ETH

Coinbase Wrapped Staked ETH (“cbETH”) is a utility token that represents ETH staked through Coinbase. Coinbase customers can wrap their locked staked ETH to receive cbETH, which is an asset that can be traded, moved on-chain, and used in DeFi and other dapps. cbETH is known as a liquid staking token because it allows holders to get the benefits of staking without lockups or unbonding periods.

Frequently asked questions

How much is 1 Wrapped Bitcoin in CBETH?

Right now, 1 Wrapped Bitcoin is worth about 32.02 CBETH.

How much WBTC could I buy for 1 CBETH?

Based on the current rate, you could get 0.0312 WBTC for 1 CBETH.

How do I calculate or convert WBTC to CBETH?

You can use our WBTC to CBETH calculator at the top of this page to convert any amount of WBTC to CBETH. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CBETH is equivalent to 0.16 WBTC. Inversely, 5 WBTC will cost about 160.11 CBETH.

How can I buy 1 Wrapped Bitcoin on Coinbase?

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.

What are assets similar to Wrapped Bitcoin that I can buy?

There are a number of crypto assets that have the a similar or comparable market cap to Wrapped Bitcoin, including Wrapped TRON, Lido wstETH, and Lido Staked ETH. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped Bitcoin.

WBTC to cbETH conversion tables

The exchange rate of Wrapped Bitcoin is increasing.

The current value of 1 WBTC is 32.02 cbETH. In other words, to buy 5 Wrapped Bitcoin, it would cost you 160.11 cbETH. Inversely, 1 cbETH would allow you to trade for 0.0312 WBTC while 50 cbETH would convert to 1.56 WBTC, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 5.18%. Meanwhile, in the last 24 hours, the rate has changed by 4.13%, which means that the the highest exchange rate of 1 WBTC to cbETH was 33.34 cbETH and the lowest 24 hour value was 1 WBTC for 31.84 cbETH. This time last month, the value of 1 WBTC was 24.87 cbETH, which is a 22.32% decrease from where it is now. Looking back a year, Wrapped Bitcoin has changed by 17.38 cbETH. That means that in a single year, the value of Wrapped Bitcoin has grown by 45.72%.

WBTC to cbETH performance history

Price 24H ago
Change 24H
Price 1W ago
Change 1W
Price 1M ago
Change 1M
Price 1Y ago
Change 1Y
33.34 cbETH
-4.13%
30.36 cbETH
+5.18%
24.87 cbETH
+22.32%
17.38 cbETH
+45.72%

WBTC to cbETH

Amount (WBTC)
Today at 11:05 pm
0.5 WBTC
16.01 cbETH
1 WBTC
32.02 cbETH
5 WBTC
160.11 cbETH
10 WBTC
320.21 cbETH
50 WBTC
1,601.07 cbETH
100 WBTC
3,202.14 cbETH
500 WBTC
16,010.68 cbETH
1,000 WBTC
32,021.36 cbETH

cbETH to WBTC

Amount (cbETH)
Today at 11:05 pm
0.5 cbETH
0.0156 WBTC
1 cbETH
0.0312 WBTC
5 cbETH
0.16 WBTC
10 cbETH
0.31 WBTC
50 cbETH
1.56 WBTC
100 cbETH
3.12 WBTC
500 cbETH
15.61 WBTC
1,000 cbETH
31.23 WBTC

Today vs. 24 hours ago

Amount
Today at 11:05 pm
24 hours ago
24H Change
0.5 WBTC
16.01 cbETH
16.67 cbETH
-4.13%
1 WBTC
32.02 cbETH
33.34 cbETH
-4.13%
5 WBTC
160.11 cbETH
166.72 cbETH
-4.13%
10 WBTC
320.21 cbETH
333.45 cbETH
-4.13%
50 WBTC
1,601.07 cbETH
1,667.24 cbETH
-4.13%
100 WBTC
3,202.14 cbETH
3,334.48 cbETH
-4.13%
500 WBTC
16,010.68 cbETH
16,672.42 cbETH
-4.13%
1,000 WBTC
32,021.36 cbETH
33,344.85 cbETH
-4.13%

Today vs. 1 month ago

Amount
Today at 11:05 pm
1 month ago
1M Change
0.5 WBTC
16.01 cbETH
12.44 cbETH
+22.32%
1 WBTC
32.02 cbETH
24.87 cbETH
+22.32%
5 WBTC
160.11 cbETH
124.37 cbETH
+22.32%
10 WBTC
320.21 cbETH
248.74 cbETH
+22.32%
50 WBTC
1,601.07 cbETH
1,243.69 cbETH
+22.32%
100 WBTC
3,202.14 cbETH
2,487.38 cbETH
+22.32%
500 WBTC
16,010.68 cbETH
12,436.89 cbETH
+22.32%
1,000 WBTC
32,021.36 cbETH
24,873.78 cbETH
+22.32%

Today vs. 1 year ago

Amount
Today at 11:05 pm
1 year ago
1Y Change
0.5 WBTC
16.01 cbETH
8.69 cbETH
+45.72%
1 WBTC
32.02 cbETH
17.38 cbETH
+45.72%
5 WBTC
160.11 cbETH
86.91 cbETH
+45.72%
10 WBTC
320.21 cbETH
173.82 cbETH
+45.72%
50 WBTC
1,601.07 cbETH
869.12 cbETH
+45.72%
100 WBTC
3,202.14 cbETH
1,738.25 cbETH
+45.72%
500 WBTC
16,010.68 cbETH
8,691.25 cbETH
+45.72%
1,000 WBTC
32,021.36 cbETH
17,382.49 cbETH
+45.72%

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