1/6 New Coin Metrics Weekly State of the Market Report

Crypto markets climbed higher this week as macro tailwinds and tokenization trends gained momentum. $BTC neared $109,000 and $ETH saw fresh corporate treasury demand.

Catch the full breakdown from @coinmetrics – link in replies.

Highlights:

– Bitcoin approached all-time highs at $109,000 amid optimism from a U.S.–Vietnam trade deal and broader risk-on sentiment.

– BitMine @BitMNR raised $250.00M to launch an $ETH treasury program, with backing from @PanteraCapital, @krakenfx, @GalaxyDigital, and more.

– @Robinhood unveiled tokenized stocks, perpetual futures, and a new Layer 2 built on @Arbitrum Orbit.

– xStocks launched on @solana via @BackedFi, offering over 60 fully transferable tokenized equities to KYC’d non-U.S. users.

– The U.S. saw its first staked crypto ETF debut – the REX-Osprey (@RexShares @OspreyFunds) Solana + Staking ETF traded $33.00M on launch day.

Read the full report for more data and insights.