Key Highlights
Popular Ethereum wallet MetaMask has officially launched native Bitcoin support, marking a major step in its shift from an Ethereum-only product to a broader multichain platform.
The update allows users to hold, buy, send, receive, and swap Bitcoin (BTC) directly within the MetaMask app, without relying on wrapped tokens or external Bitcoin wallets. The launch is almost a year after MetaMask initially announced its intentions to add support to Bitcoin as a part of its long-term Ethereum expansion.
With this update, MetaMask now supports Bitcoin in addition to Ethereum, Solana, Monad, and Sei, among other networks, bringing several of the most popular blockchains together.
According to MetaMask, the latest version of the wallet generates native Bitcoin addresses for users and supports SegWit transactions at launch.
Taproot compatibility is expected in a future release. Users can also purchase Bitcoin using fiat payment methods, including credit cards, Apple Pay, PayPal, and bank transfers, and swap BTC with other supported assets directly inside the wallet.
MetaMask’s Bitcoin integration follows a series of feature launches aimed at keeping the wallet competitive in an increasingly crowded market. In August, the wallet introduced its own stablecoin, mUSD, on Ethereum and Consensys-backed layer-2 network Linea.
In October, MetaMask added native support for perpetual swaps via Hyperliquid, allowing users to take long or short positions directly from the wallet. Earlier this month, it also rolled out a native Polymarket integration, enabling in-wallet predictions on sports, crypto, and politics.
The addition of Bitcoin fits into this broader strategy. MetaMask previously expanded beyond EVM networks through Solana support and plugin-based Snaps, which enabled limited interaction with non-EVM chains and Bitcoin layer-2 networks.
Native Bitcoin support removes the need for those workarounds, allowing direct interaction with the Bitcoin network itself.
Bitcoin is the biggest cryptocurrency in market capitalization and is commonly kept distinctly from Ethereum based resources because of technical disparities. MetaMask also allows users to manage their assets without having to use several wallets by enabling them to support Bitcoin as a native.
The move could also increase on-chain activity, as users can now move between Bitcoin and other supported networks without leaving the app.
MetaMask is also providing reward points to users that upgrade to the latest version and then swap to BTC to encourage adoption. These points are part of a $30 million community rewards program announced ahead of the wallet’s expected native token launch.
Bitcoin was trading at approximately 865,633 at the time of writing, more than 4.25% lower than it was in the last 24 hours and approximately 33% lower than it was in the all-time high of over 126,000 in the first half of the year, according to CoinMarketCap data.
The wider crypto market has been falling, with key crypto-related stocks, such as Strategy, Circle, and Coinbase, falling over the last few U.S. sessions.
The parent company of MetaMask, Consensys, is also said to be planning an initial public offering, and MetaMask has suggested an impending MASK token, linked to its growing rewards system. The wallet will also include additional networks in 2026 after the rollout of Bitcoin.
With MetaMask establishing itself as a hub of digital assets, the integration of native Bitcoin, the move towards multichain wallets is becoming increasingly popular, although the industry observers remain divided about the increased complexity and security implications of such platforms.
Also Read: Phantom Wallet Launches Debit Card in the U.S. with Apple Pay
Crypto hardware wallet provider SafePal has disclosed a security breach that exposed the personal information…
Bitcoin fell 47% over the 12 months ending August 14, 2026. Still, the four perpetual…
In the steadily maturing Indian crypto industry, scammers are now systematically approaching users on Instagram,…
The week of August 9 to August 15 delivered another rough stretch for crypto security,…
Key Highlights Chainlink surged 8.2% to $9.47 as spot and derivatives trading activity increased sharply.…
Key Highlights Tether CEO Paolo Ardoino denied that the company is building or planning to…
This website uses cookies.
Read More