If had 's mcap →
IBITON needs a 1.7Kx move to match USDC's valuation
IBITon is the Ondo Tokenized version of the iShares Bitcoin Trust ETF, giving tokenholders economic exposure similar to holding IBIT and reinvesting any dividends.
USDC is a fully collateralized US dollar stablecoin.
FOR CONTEXT
$73.15B compared to the worldAbout this comparison
This page compares the market capitalizations of iShares Bitcoin Trust (Ondo Tokenized) (IBITON) and USDC (USDC). With iShares Bitcoin Trust (Ondo Tokenized) currently at $36.29 per coin and a market cap of $41.98M, and USDC at $1.0000 with a market cap of $73.15B, applying USDC's market cap to iShares Bitcoin Trust (Ondo Tokenized)'s circulating supply produces a hypothetical IBITON price of $63,225.17 — a 1.7Kx 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.
USDC: USDC is a fully collateralized US dollar stablecoin.
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 USDC's market cap, what would the price be?
If iShares Bitcoin Trust (Ondo Tokenized) (IBITON) had USDC's (USDC) current market cap of $73.15B, each IBITON would be worth approximately $63,225.17 based on the circulating supply of 1,156,978 IBITON. That is 1.7Kx the current IBITON price of $36.29.
What is the current market cap of iShares Bitcoin Trust (Ondo Tokenized)?
iShares Bitcoin Trust (Ondo Tokenized) (IBITON) currently has a market cap of $41.98M, ranking #514 by market capitalization. Each IBITON trades at $36.29.
What is the current market cap of USDC?
USDC (USDC) currently has a market cap of $73.15B, ranking #5 by market capitalization. Each USDC trades at $1.0000.
How does IBITON compare to USDC?
iShares Bitcoin Trust (Ondo Tokenized)'s market cap of $41.98M sits orders of magnitude beyond USDC's $73.15B. For IBITON to reach USDC's current valuation, the price would need to move 1.7Kx 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.