Coinbase has recently launched its own wrapped bitcoin product, cbBTC, sparking a debate within the crypto community about the optimal choice for users. Key issues such as proof of reserves, audits, and address blacklisting remain hot topics. Despite these discussions, Wrapped BTC (WBTC) continues to dominate the market. WBTC has reached an all-time high in weekly activity, surpassing levels not seen since previous bull markets. This surge in activity underscores the growing adoption and confidence in WBTC, indicating a positive outlook for the wrapped bitcoin market.