If your Bitcoin balance in Phantom doesn’t match what you see in other wallets, it may be due to how balances are calculated and which addresses Phantom supports.
Balance includes protected (unspendable) sats
Phantom displays your total BTC balance based on all unspent transaction outputs (UTXOs), including those tied to Ordinals, BRC-20 tokens, and rare sats. However, it only considers standard, spendable UTXOs as available for sending. To protect your assets, Phantom excludes “protected sats” linked to inscriptions and token metadata from the spendable amount.
Phantom supports only two Bitcoin addresses
Another reason for a mismatch is that Phantom uses just two Bitcoin addresses per account—one Native Segwit (your payment address) and one Taproot (your Ordinals address). Traditional Bitcoin wallets, like Electrum, often use many addresses per wallet, including change addresses. So if you import a recovery phrase from one of those wallets into Phantom, you won’t see all your funds unless they’re held in one of the supported addresses.
Consolidate your funds
To use Phantom effectively with Bitcoin dApps, you may need to consolidate your BTC into one of your Phantom-supported addresses—Native Segwit (Payment) or Taproot (Ordinals). Use a traditional Bitcoin wallet that supports Ordinals, BRC-20 tokens, and rare sats, then transfer your funds to the appropriate address in Phantom.
Be cautious when consolidating. Using a wallet that doesn’t recognize these assets could result in accidentally burning or losing them.