Coinbase Wrapped Staked ETH (CBETH) Achieves Self Reported Market Cap of $260.78 Million

Coinbase Wrapped Staked ETH (CBETH) traded 1.5% lower against the US dollar during the 1 day period ending at 10:00 AM Eastern on June 9th. Coinbase Wrapped Staked ETH has a market capitalization of $260.78 million and approximately $3.20 million worth of Coinbase Wrapped Staked ETH was traded on exchanges in the last day. During the last week, Coinbase Wrapped Staked ETH has traded 15.5% lower against the US dollar. One Coinbase Wrapped Staked ETH token can currently be purchased for about $1,878.74 or 0.03044672 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed during the last day:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.6% higher against the dollar and now trades at $62,495.50 or 0.99504910 BTC.
• SolvBTC (SOLVBTC) traded down 1.9% against the dollar and now trades at $62,305.73 or 1.00972246 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Coinbase Wrapped Staked ETH Token Profile

Coinbase Wrapped Staked ETH’s launch date was August 23rd, 2022. Coinbase Wrapped Staked ETH’s total supply is 373,334 tokens and its circulating supply is 138,807 tokens. Coinbase Wrapped Staked ETH’s official Twitter account is @coinbaseassets and its Facebook page is accessible here. Coinbase Wrapped Staked ETH’s official website is www.coinbase.com/price/coinbase-wrapped-staked-eth.

According to CryptoCompare, “Coinbase Wrapped Staked ETH (cbETH) is a utility token that represents ETH2, which is ETH staked through Coinbase. Whitepaper”

Buying and Selling Coinbase Wrapped Staked ETH

It is usually not currently possible to buy alternative cryptocurrencies such as Coinbase Wrapped Staked ETH directly using US dollars. Investors seeking to acquire Coinbase Wrapped Staked ETH should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Coinbase Wrapped Staked ETH using one of the aforementioned exchanges.

CBETH/USD price chart by TradingView