Bitcoin has been passively entering the Ethereum ecosystem, not by active choice, but as a result of a lack of alternatives forcing the issue.



Looking at the data makes it clear—over $11 billion worth of BTC is now locked in Ethereum DeFi. It sounds like a significant scale, but the returns are slim, and users have to bear high gas fees and trust intermediary-issued IOU tokens. This situation actually reflects a real problem: the inefficiency of cross-chain assets in inter-chain ecosystems.

The market is self-correcting this imbalance. More and more solutions are dedicated to bringing Bitcoin assets back to their native networks, maintaining liquidity while reducing costs, increasing efficiency, and decreasing reliance on third-party custody. This trend will gradually improve the current cross-chain asset allocation landscape.
BTC3.2%
ETH3.21%
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MintMastervip
· 4h ago
$11 billion still being cut by gas fees and IOUs, this deal is really not cost-effective.
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BtcDailyResearchervip
· 4h ago
11 billion dollars locked in ETH just for a tiny profit? Might as well just hold Bitcoin directly.
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MemeCoinSavantvip
· 4h ago
ngl the $11B BTC bag on eth is just financial theater at this point... gas fees eating the yields while we pretend wrapped tokens are real 💀
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governance_ghostvip
· 5h ago
11 billion USD locked in ETH and still can't make money, this deal is really unbeatable
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quietly_stakingvip
· 5h ago
11 billion USD just to earn that tiny profit? And to be cut again by gas fees, what's the point? BTC returning to its own ecosystem is the right way, it should have been like this long ago. Cross-chain nesting, intermediaries make a killing, while us retail investors suffer heavy losses.
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ContractCollectorvip
· 5h ago
11 billion dollars locked in Ethereum but ends up losing on gas fees—who would want to do this deal?
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