Whast is eBTC?
"eBTC is an ERC20 version of Bitcoin on the Ethereum blockchain."
"There are multiple reasons, firstly Bitcoin has issues with high transaction fees and slow block times, ERC20 tokens don't have these issues and also have smart contract capability. Secondly, there is currently no widely accepted tokenized version of Bitcoin on Ethereum which is pretty surprising. Thirdly, as eBTC grows it will display Ethereum's capabilities and strengthen it's stance among crypto-currencies. "