GTBTC is a BTC yield-bearing wrapped token introduced by Gate, using an on-chain token to represent a BTC position participating in the relevant yield arrangement. It is backed by BTC reserves but is not native Bitcoin; holding GTBTC is also affected by the product's redemption rules, on-chain usage methods, and market trading conditions. GTBTC should therefore be understood on two levels: BTC reserves underlie it, while the token layer enables that position to be used on supported blockchain networks. Reserve backing does not mean it is equivalent to a risk-free deposit, nor does it eliminate BTC price volatility.

Gate Wrapped BTC Price in USD Today, Live Market & Historical Trend Chart

Q: How is GTBTC yield reflected?

After users place BTC into Gate's on-chain earn arrangement, they can receive GTBTC according to the product arrangement. Yield is not distributed separately to the wallet as a fixed quantity of tokens or cash; instead, it accrues through growth in GTBTC net asset value. This means that yield should be understood by looking at how GTBTC net asset value changes, rather than only at whether the number of tokens in a wallet increases. The actual result of net asset value growth must still be assessed in light of the product rules and market value at the time; it does not constitute a promised fixed rate of return.

Q: What is the purpose of GTBTC minting and redemption?

GTBTC token supply is adjusted through minting and redemption: GTBTC can be created when BTC enters the relevant arrangement; when redemption is completed, the corresponding GTBTC leaves circulation. This process connects the token quantity to the relevant BTC reserves and product positions. Minting or redemption is not merely an ordinary on-chain transfer. It involves channels and conditions provided by the product, and users should confirm the supported entry points, applicable rules, and settlement arrangements at the time before proceeding; purchasing GTBTC on the secondary market alone does not establish that a user can redeem it in the same way.

Q: On which networks can GTBTC be used, and what should be noted when transferring it?

GTBTC can be used on Ethereum, BNB Smart Chain, Base, and Solana. Multi-chain availability means that corresponding usable forms of the asset exist on these networks; it does not mean that addresses, transfer formats, or the assets used to pay gas are identical across different networks. Before transferring, the sending network, receiving network, and the GTBTC version supported by the recipient must match. If the wrong network is selected, recovery may not be possible even if the token name is the same; users' on-chain fees are also determined by the selected network and network conditions at the time.

Q: Where do GTBTC's value and main risks come from?

GTBTC's value basis is first related to its corresponding BTC reserves and the BTC market price, while its yield-bearing design also makes net asset value an important metric for understanding its value. If GTBTC is bought or sold on the market, the execution price is also affected by trading liquidity and bid-ask quotations. Risks do not come only from BTC price: the product's minting, redemption, and yield rules can affect availability; cross-chain or transfer operations bring network-selection and gas-cost issues; and secondary-market execution prices do not necessarily fully match a user's expected net asset value at any given time.

Rank 151

$73,869.0

-$229.7(-0.31%)

Market Cap

$256.48M

24h High

$75,078.9

24h Low

$73,785.7

24h Turnover

$26.11K

Total Supply

3.46K

Market Sentiment

Neutral

Price of Gate Wrapped BTC (GTBTC) Today in USD

View Gate Wrapped BTC (GTBTC) Price Prediction

The live price of Gate Wrapped BTC (GTBTC) today is $73,869.0, with a 24h change of -0.31%. Over the same period, the low was $73,785.7, the high was $75,078.9, and the 24h trading volume was $26.11K. The current market cap is approximately $256.48M. It ranks #151 by market cap and accounts for 0.00% of the total crypto market cap. The all-time high was $125,918.6 (⁦2025-10-06⁩); the current price is -41.34% from the all-time high.

Gate Wrapped BTC (GTBTC) Price History

7 Days
-3.37%
Low
$73,138.6
High
$76,690.5
30 Days
-11.61%
Low
$73,138.6
High
$85,204.3
90 Days
+16.70%
Low
$62,357.2
High
$87,610.1
1 Year
-27.45%
Low
$53,818.8
High
$103,413.0

Fear & Greed Index

0 Extreme Fear100 Extreme Greed

Yesterday: 29; Fear
Last Week: 50; Normal
Last Month: 57; Normal

The Fear & Greed Index is currently 28/100, in the Fear zone; change from yesterday: -1, from last week: -22, and from last month: -29. Lower values indicate more fearful sentiment, while higher values indicate more greedy sentiment. This does not represent price change.

Why Did Gate Wrapped BTC (GTBTC) Fall in the Last 24 Hours?

The top five order-book levels showed 0.1250 units of bids and 0.1704 units of asks, a bid-to-ask ratio of 0.73. This indicates near-term depth was slightly tilted toward sellers but broadly balanced, and does not represent market-wide liquidity. If the largest buy and sell orders were within those levels, they could provide short-term support or resistance; their exact levels were unconfirmed, and they do not reveal the traders’ intentions. The candle at 21:00 UTC on 2026-11-11 closed down 0.36%, and the price later fell below that close. The candle interval and volume unit are unspecified, so it is not possible to assess whether trading volume increased. Technical signals diverged: moving averages were bullish on the 15-minute and 1-hour charts, bearish with a stronger trend on the 4-hour chart, and neutral on the daily chart. RSI readings were neutral and MACD showed no crossover. Amplification by low liquidity is only a possible explanation; these signals do not establish fund outflows or a news-driven move.

About Gate Wrapped BTC (GTBTC)

GTBTC is an on-chain BTC yield-generating asset issued by Gate Web3, backed by Gate‘s BTC reserves and wrapped as a standardized on-chain Token. Users can stake BTC on Gate Staking to mint GTBTC, with yields automatically accumulated in the form of net asset growth during the holding period. GTBTC is suitable for both CeFi and DeFi scenarios, balancing yield and liquidity.

Use Cases and Features

GTBTC is a yield-bearing wrapped BTC token launched by Gate, representing BTC participating in yield arrangements as an on-chain token. It can be used in on-chain scenarios and is available on networks including Ethereum, BNB Smart Chain, Base, and Solana; users can use the token’s on-chain liquidity while retaining BTC exposure.

Supply and Issuance Mechanism

GTBTC is backed by BTC reserves and is created at a corresponding ratio after users place BTC in Gate’s on-chain earn program. While held, related returns accrue through growth in GTBTC’s net asset value rather than through separate token distributions. Its supply changes with minting and redemption, and specific conversion terms are subject to the applicable product rules.

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Fiat Exchange

GTBTC to USD$74,056.50

GTBTC to RUB₽5,726,937.25

GTBTC to EUR€64,769.81

GTBTC to BRLR$382,657.34

GTBTC to INR₹7,069,129.85

GTBTC to AEDد.إ271,972.49

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Gate Wrapped BTC (GTBTC) Basics & Market Insights

Fundamentals

What Role Does GTBTC Play in the Gate Ecosystem?Beginner

What Is GTBTC? A Complete Guide to GTBTC’s Yield Mechanism and Risk Boundaries on GateBeginner

From Holding to Growth: The Utility Logic of GTBTC in the Gate EcosystemBeginner

Market Analysis

How to Assess the Sources of BTC Yield: Understanding Gate GTBTC's Mechanism and RisksAnnualized figures for BTC yield products can’t represent the full value of an investment. The source of returns, how they’re realized, and the potential risks matter just as much. This article breaks down the key differences in BTC yield models, along with the operating logic behind Gate GTBTC’s 2.67% reference annualized yield.2026-11-12

How Corporate Bitcoin Selling Affects BTC Staking and GTBTCFourteen public companies sold over 108,000 BTC in 2026. Explore what corporate selling may mean for Bitcoin supply, market liquidity, BTC staking and GTBTC.2026-11-11

How Can BTC Expand Beyond Holding? Gate GTBTC Connects Bitcoin Ownership with Yield ManagementBTC can serve not only as a digital asset for long-term holding, but also as a tool for managing returns through different mechanisms.2026-11-10

Frequently Asked Questions About Gate Wrapped BTC (GTBTC)

What is GTBTC?

How is GTBTC yield reflected?

What is the purpose of GTBTC minting and redemption?

On which networks can GTBTC be used, and what should be noted when transferring it?

Where do GTBTC's value and main risks come from?

Risk Disclosure

Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results. Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.

Disclaimer

The information provided on this page is for general reference only and does not constitute any form of investment, financial, legal, tax, or trading advice, nor does it constitute any offer, solicitation, or recommendation. Gate makes no representations or warranties regarding the accuracy, completeness, or timeliness of the relevant information and assumes no liability for any losses arising from users' own decisions based on such information. Gate products and services may be restricted in certain jurisdictions or for certain users. Before using the relevant services, please ensure compliance with applicable laws and regulations, and refer to the User Agreement for provisions regarding restricted regions and service limitations.