Is WBTC Centralised?

I've been hearing a lot about Wrapped Bitcoin, or WBTC, and its role in the decentralized finance ecosystem. But I'm still a bit hazy on one aspect: is WBTC centralized? After all, it seems to bridge the gap between Bitcoin and Ethereum, two very different blockchain networks. "Does WBTC rely on a central authority or custodian to function? Or is it truly decentralized, with no single point of failure? I'm trying to understand how it fits into the broader crypto landscape and whether it aligns with my principles of decentralization and trustlessness. "Could you clarify this for me? I'm really interested in understanding the nuances of this technology and how it's shaping the future of finance.