New Coin Metrics Weekly State of the Market Report | October 3 - October 9, 2025 This week in crypto markets: - BTC reached new all-time highs before easing, while gold hit a record $4,000/oz as fiscal uncertainty fuels demand for safe-haven assets. - @Grayscale became the first U.S. asset manager to enable staking in its ether-based ETFs (ETHE, ETH) and Grayscale Solana Trust (GSOL). - @ICE_Markets (ICE) announced a $2B strategic investment in @Polymarket, valuing the prediction markets platform around $9B. - S&P Global announced the launch of the S&P Digital Markets 50 index, which will track 15 digital assets and 35 crypto-linked equities. @PlumeNetwork, an RWA-focused blockchain, received SEC approval as a registered transfer agent for tokenized securities. - @Ethena_Labs and @JupiterExchange partnered to launch JupUSD, a Solana-native stablecoin backed by Ethena’s USDtb. Read the full report from @coinmetrics for a data-driven look into crypto’s shifting institutional and macro landscape – link in comments.