LIVE
BTC$85,895.00▼ 0.54%ETH$2,715.48▼ 0.37%USDT$0.9999▲ 0.01%BNB$788.64▼ 0.87%XRP$1.51▼ 0.52%USDC$0.9999▲ 0.00%SOL$121.08▼ 0.61%TRX$0.3363▲ 0.17%FIGR_HELOC$1.03▲ 0.00%ZEC$1,340.86▼ 0.96%HYPE$94.82▲ 4.93%DOGE$0.0958▼ 0.91%XMR$559.43▲ 2.08%LINK$13.91▼ 2.24%ADA$0.2727▲ 3.76%WBT$85.82▼ 0.07%USDS$0.9999▼ 0.00%LEO$8.92▼ 0.69%RAIN$0.0115▲ 2.40%XLM$0.2166▼ 3.00%NEAR$5.24▲ 5.96%BCH$315.62▼ 0.99%UNI$9.10▲ 0.72%LTC$70.20▼ 0.59%CC$0.1265▼ 1.74%SUI$1.22▲ 0.41%USDE$0.9998▲ 0.02%AVAX$11.03▼ 0.57%DAI$1.0000▼ 0.03%HBAR$0.1022▼ 1.62%BTC$85,895.00▼ 0.54%ETH$2,715.48▼ 0.37%USDT$0.9999▲ 0.01%BNB$788.64▼ 0.87%XRP$1.51▼ 0.52%USDC$0.9999▲ 0.00%SOL$121.08▼ 0.61%TRX$0.3363▲ 0.17%FIGR_HELOC$1.03▲ 0.00%ZEC$1,340.86▼ 0.96%HYPE$94.82▲ 4.93%DOGE$0.0958▼ 0.91%XMR$559.43▲ 2.08%LINK$13.91▼ 2.24%ADA$0.2727▲ 3.76%WBT$85.82▼ 0.07%USDS$0.9999▼ 0.00%LEO$8.92▼ 0.69%RAIN$0.0115▲ 2.40%XLM$0.2166▼ 3.00%NEAR$5.24▲ 5.96%BCH$315.62▼ 0.99%UNI$9.10▲ 0.72%LTC$70.20▼ 0.59%CC$0.1265▼ 1.74%SUI$1.22▲ 0.41%USDE$0.9998▲ 0.02%AVAX$11.03▼ 0.57%DAI$1.0000▼ 0.03%HBAR$0.1022▼ 1.62%
G.MARKETS/PAIR ANALYSIS·iShares Bitcoin Trust (Ondo Tokenized) logoIBITON→Bitcoin logoBTC· LIVE· as of 22:42 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

IBITON WOULD BE
$0.00000000
currently $48.65 · target mcap $1.73T
▲ 0.00x TO MATCHIBITON NEEDS A 59.0Kx MOVE TO MATCH BTC
COIN PROFILES·IBITON vs BTC
iShares Bitcoin Trust (Ondo Tokenized) logo
iShares Bitcoin Trust (Ondo Tokenized)
SOURCE

IBITon is the Ondo Tokenized version of the iShares Bitcoin Trust ETF, giving tokenholders economic exposure similar to holding IBIT and reinvesting any dividends.

PRICE$48.65
24H CHANGE▼ 0.59%
MARKET CAP$29.25MFDV $29.25M · Fully circulating
RANK#721
SUPPLY601K IBITON
DOMINANCE<0.01%
VS
Bitcoin logo
BTCVerified by G.MARKETS
Bitcoin
TARGET

Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto.

PRICE$85,895.00
24H CHANGE▼ 0.54%
MARKET CAP$1.73TFDV $1.73T · Fully circulating
RANK#1
SUPPLY20.1M BTC
DOMINANCE57.55%
7d▲ 3.10%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
59.0Kx bigger
IBITON$29.25M
BTC$1.73T
THE CLIMBiShares Bitcoin Trust (Ondo Tokenized) logoIBITON→Bitcoin logoBTCMULTIPLIER▲ 59.0KxGAP$1.73T
$100.00M$1.00B$10.00B$100.00B$1.00T
iShares Bitcoin Trust (Ondo Tokenized) logo
SOURCEIBITON$29.25M
Bitcoin logo
TARGETBTC$1.73T
Plume logo
PLUME$131.06M
1INCH logo
1INCH$150.51M
apyUSD logo
APYUSD$170.56M
Zama logo
ZAMA$214.20M
Zebec Network logo
ZBCN$258.15M
First Digital USD logo
FDUSD$324.66M
Pendle logo
PENDLE$428.51M
Pudgy Penguins logo
PENGU$610.86M
Cosmos Hub logo
ATOM$970.55M
Spiko Amundi Overnight Swap Fund (EUR) logo
EURSAFO$1.55B
PayPal USD logo
PYUSD$2.92B
Bitcoin Cash logo
BCH$6.34B
log scale · mcap in USDOct 5, 2026
iShares Bitcoin Trust (Ondo Tokenized) logo
IBITONiShares Bitcoin Trust (Ondo Tokenized)
$29.25MSOURCE
Plume logo
PLUME
$131.06M
1INCH logo
1INCH
$150.51M
apyUSD logo
APYUSD
$170.56M
Zama logo
ZAMA
$214.20M
Zebec Network logo
ZBCN
$258.15M
First Digital USD logo
FDUSD
$324.66M
Pendle logo
PENDLE
$428.51M
Pudgy Penguins logo
PENGU
$610.86M
Cosmos Hub logo
ATOM
$970.55M
Spiko Amundi Overnight Swap Fund (EUR) logo
EURSAFO
$1.55B
PayPal USD logo
PYUSD
$2.92B
Bitcoin Cash logo
BCH
$6.34B
Bitcoin logo
BTCBitcoin
$1.73TTARGET
mcap in USDOct 5, 2026
BAG SCENARIOS·IF IBITON HIT BTC MCAP·TARGET $2,872,083.46
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 IBITON$4,865.00$287,208,345.69+$287,203,480.69
Coffee money1K IBITON$48,650.00$2,872,083,456.91+$2,872,034,806.91
Small bag10K IBITON$486,500.00$28,720,834,569.07+$28,720,348,069.07
Real bag100K IBITON$4,865,000.00$287,208,345,690.69+$287,203,480,690.69
Whale bag1M IBITON$48,650,000.00$2,872,083,456,906.92+$2,872,034,806,906.92
Generational10M IBITON$486,500,000.00$28,720,834,569,069.16+$28,720,348,069,069.16
$1.73T compared to the world
NVIDIANVDA
$2.80T
BTC mcap is 61.7% of NVIDIA
GoogleGOOGL
$2.10T
BTC mcap is 82.2% of Google
AmazonAMZN
$2.00T
BTC mcap is 86.3% of Amazon
Saudi Aramco2222.SR
$1.80T
BTC mcap is 95.9% of Saudi Aramco
Silver (total)
$1.40T
BTC mcap is 1.23× Silver (total)
MetaMETA
$1.30T
BTC mcap is 1.33× Meta

About this comparison

This page compares the market capitalizations of iShares Bitcoin Trust (Ondo Tokenized) (IBITON) and Bitcoin (BTC). With iShares Bitcoin Trust (Ondo Tokenized) currently at $48.65 per coin and a market cap of $29.25M, and Bitcoin at $85,895.00 with a market cap of $1.73T, applying Bitcoin's market cap to iShares Bitcoin Trust (Ondo Tokenized)'s circulating supply produces a hypothetical IBITON price of $2,872,083.46 — a 59.0Kx move from current.

iShares Bitcoin Trust (Ondo Tokenized): IBITon is the Ondo Tokenized version of the iShares Bitcoin Trust ETF, giving tokenholders economic exposure similar to holding IBIT and reinvesting any dividends.

Bitcoin: Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto.

All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.

Frequently asked

If iShares Bitcoin Trust (Ondo Tokenized) had Bitcoin's market cap, what would the price be?

If iShares Bitcoin Trust (Ondo Tokenized) (IBITON) had Bitcoin's (BTC) current market cap of $1.73T, each IBITON would be worth approximately $2,872,083.46 based on the circulating supply of 601,174 IBITON. That is 59.0Kx the current IBITON price of $48.65.

What is the current market cap of iShares Bitcoin Trust (Ondo Tokenized)?

iShares Bitcoin Trust (Ondo Tokenized) (IBITON) currently has a market cap of $29.25M, ranking #721 by market capitalization. Each IBITON trades at $48.65.

What is the current market cap of Bitcoin?

Bitcoin (BTC) currently has a market cap of $1.73T, ranking #1 by market capitalization. Each BTC trades at $85,895.00.

How does IBITON compare to BTC?

iShares Bitcoin Trust (Ondo Tokenized)'s market cap of $29.25M sits orders of magnitude beyond Bitcoin's $1.73T. For IBITON to reach BTC's current valuation, the price would need to move 59.0Kx from its current level.

Is this comparison financial advice?

No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming iShares Bitcoin Trust (Ondo Tokenized)'s circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.