Sources Reveal Bitcoin Integration Coming to Ethereum Mainstay MetaMask

MetaMask, a dominant player in the Ethereum ecosystem, is preparing to bridge one of the most significant divides in the crypto world. According to two sources familiar with the matter, MetaMask is working on integrating native Bitcoin (BTC) support. One source mentioned that this functionality could be available within the next month, while another noted that the specifics are still being finalized, with initial features likely to be limited and expanded over time.

MetaMask, the most-used wallet in the Ethereum (ETH) ecosystem, serves over 30 million monthly active users, offering access to decentralized applications (dApps) and non-fungible tokens (NFTs). This move to support Bitcoin marks a significant step in uniting the often distinct communities of Ethereum and Bitcoin.

The timeline for Bitcoin integration remains uncertain. One insider suggested that users could see this new feature within a month, although the full range of Bitcoin functionalities is not yet confirmed. The rollout is expected to begin with limited features, gradually expanding over time.

Ethereum, since its inception nearly a decade ago, has extended blockchain capabilities beyond Bitcoin’s initial use case, introducing smart contracts. MetaMask has been instrumental in helping users navigate this smart contract-based environment. Recently, Bitcoin has seen similar developments with the addition of NFT-like Ordinals and Runes, which enable the creation of meme coins. It remains unclear if MetaMask will support these Bitcoin enhancements.

MetaMask is developed by ConsenSys, an Ethereum-centric research and development firm led by Ethereum co-founder Joe Lubin. In response to inquiries about these development plans, a MetaMask spokesperson said via email: “We’re excited about MetaMask’s commitment to embracing the multi-chain world of web3 and continually exploring new integrated features to enhance the usability and security of the leading self-custodial wallet. While we can’t confirm any timeline for specific developments at this time, we’re always working on innovations to serve our users better. Stay tuned for further updates when we’re ready to share more.”

Currently, MetaMask facilitates Bitcoin transactions indirectly through Wrapped Bitcoin (WBTC), an ERC-20 token that bridges Bitcoin to Ethereum’s decentralized apps. The upcoming native support for Bitcoin represents a significant enhancement, potentially making MetaMask an even more versatile tool in the crypto ecosystem.