Convert and swap Wrapped Bitcoin WBTC to Coinbase Wrapped Staked ETH CBETH
WBTC/CBETH: 1 Wrapped Bitcoin equals 42.23 CBETH
Wrapped Bitcoin (WBTC) is not tradable on Coinbase.
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Last update: 3:46 AM, April 4, 2025
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Wrapped Bitcoin market latest
Wrapped Bitcoin is climbing this week.
The current WBTC to cbETH conversion rate is 42.23. Inversely, this means that if you convert 1 cbETH you will get 0.02 WBTC.
The conversion rate of WBTC/cbETH has increased by 0.23% in the last hour and grown by 1.05% in the last 24 hours.
Coinbase Wrapped Staked ETH is falling this week.
The current cbETH to WBTC conversion rate is 0.02. Inversely, this means that if you convert 1 WBTC you will get 42.23 cbETH.
The conversion rate of cbETH/WBTC has decreased by 0.23% in the last hour and shrunk by 1.05% in the last 24 hours.
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 42.23 CBETH.
How much WBTC could I buy for 1 CBETH?
Based on the current rate, you could get 0.0237 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 0.12 WBTC. Inversely, 5 WBTC will cost about 211.17 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 Lido Staked ETH, Lido wstETH, and Wrapped TRON. For a more robust list of assets to explore, jump to the asset page dedicated to Wrapped Bitcoin.
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WBTC to cbETH conversion tables
The exchange rate of Wrapped Bitcoin is increasing.
The current value of 1 WBTC is 42.23 cbETH. In other words, to buy 5 Wrapped Bitcoin, it would cost you 211.17 cbETH. Inversely, 1 cbETH would allow you to trade for 0.0237 WBTC while 50 cbETH would convert to 1.18 WBTC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 6.26%. Meanwhile, in the last 24 hours, the rate has changed by 0.93%, which means that the the highest exchange rate of 1 WBTC to cbETH was 42.68 cbETH and the lowest 24 hour value was 1 WBTC for 41.41 cbETH. This time last month, the value of 1 WBTC was 37.08 cbETH, which is a 12.2% decrease from where it is now. Looking back a year, Wrapped Bitcoin has changed by 19.26 cbETH. That means that in a single year, the value of Wrapped Bitcoin has grown by 54.4%.
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 |
|---|---|---|---|---|---|---|---|
41.84 cbETH | +0.93% | 39.59 cbETH | +6.26% | 37.08 cbETH | +12.20% | 19.26 cbETH | +54.40% |
WBTC to cbETH
Amount (WBTC) | Today at 3:45 am |
|---|---|
0.5 WBTC | 21.12 cbETH |
1 WBTC | 42.23 cbETH |
5 WBTC | 211.17 cbETH |
10 WBTC | 422.35 cbETH |
50 WBTC | 2,111.75 cbETH |
100 WBTC | 4,223.50 cbETH |
500 WBTC | 21,117.49 cbETH |
1,000 WBTC | 42,234.99 cbETH |
cbETH to WBTC
Amount (cbETH) | Today at 3:45 am |
|---|---|
0.5 cbETH | 0.0118 WBTC |
1 cbETH | 0.0237 WBTC |
5 cbETH | 0.12 WBTC |
10 cbETH | 0.24 WBTC |
50 cbETH | 1.18 WBTC |
100 cbETH | 2.37 WBTC |
500 cbETH | 11.84 WBTC |
1,000 cbETH | 23.68 WBTC |
Today vs. 24 hours ago
Amount | Today at 3:45 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 WBTC | 21.12 cbETH | 20.92 cbETH | +0.93% |
1 WBTC | 42.23 cbETH | 41.84 cbETH | +0.93% |
5 WBTC | 211.17 cbETH | 209.21 cbETH | +0.93% |
10 WBTC | 422.35 cbETH | 418.41 cbETH | +0.93% |
50 WBTC | 2,111.75 cbETH | 2,092.07 cbETH | +0.93% |
100 WBTC | 4,223.50 cbETH | 4,184.13 cbETH | +0.93% |
500 WBTC | 21,117.49 cbETH | 20,920.67 cbETH | +0.93% |
1,000 WBTC | 42,234.99 cbETH | 41,841.33 cbETH | +0.93% |
Today vs. 1 month ago
Amount | Today at 3:45 am | 1 month ago | 1M Change |
|---|---|---|---|
0.5 WBTC | 21.12 cbETH | 18.54 cbETH | +12.20% |
1 WBTC | 42.23 cbETH | 37.08 cbETH | +12.20% |
5 WBTC | 211.17 cbETH | 185.41 cbETH | +12.20% |
10 WBTC | 422.35 cbETH | 370.82 cbETH | +12.20% |
50 WBTC | 2,111.75 cbETH | 1,854.10 cbETH | +12.20% |
100 WBTC | 4,223.50 cbETH | 3,708.19 cbETH | +12.20% |
500 WBTC | 21,117.49 cbETH | 18,540.96 cbETH | +12.20% |
1,000 WBTC | 42,234.99 cbETH | 37,081.93 cbETH | +12.20% |
Today vs. 1 year ago
Amount | Today at 3:45 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 WBTC | 21.12 cbETH | 9.63 cbETH | +54.40% |
1 WBTC | 42.23 cbETH | 19.26 cbETH | +54.40% |
5 WBTC | 211.17 cbETH | 96.31 cbETH | +54.40% |
10 WBTC | 422.35 cbETH | 192.61 cbETH | +54.40% |
50 WBTC | 2,111.75 cbETH | 963.05 cbETH | +54.40% |
100 WBTC | 4,223.50 cbETH | 1,926.11 cbETH | +54.40% |
500 WBTC | 21,117.49 cbETH | 9,630.55 cbETH | +54.40% |
1,000 WBTC | 42,234.99 cbETH | 19,261.10 cbETH | +54.40% |
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