According to Coinjie.com, on May 4, according to Dune data, the circulation supply of Coinbase Wrapped BTC (cbBTC) launched by Coinbase reached 40,884 pieces, with an increase of more than 8,000 pieces in the past month. The current market value of cbBTC is approximately US$3.892 billion, accounting for the second largest market share of packaged Bitcoin, with a market share of 22.8%, second only to wBTC.