Our WMTX-USD trading pair is in full-trading mode on Coinbase Exchange and Coinbase Advanced. Limit, market and stop orders are all now available.

Sends and receives of USDC on Arc network are now available on coinbase․com and in the Coinbase iOS & Android apps in supported regions.

JUST IN: JPMorgan’s tokenized money market funds on Ethereum have surpassed $940 million in combined onchain AUM.

🚨 ~$16.5B in BTC and ETH options expires today. bitcoin:native accounts for about $14.4B of the total, with a 0.84 put/call OI ratio and $78K max pain. $ETH accounts for about $2.13B, with a 0.66 put/call OI ratio and $2,350 max pain. The BTC book is more balanced between puts and calls, while ETH remains more call-heavy into expiry. The key thing to watch is how spot trades around the largest strike concentrations as this positioning rolls.

JUST IN: Cathie Wood’s ARK Invest launches a "tokenized venture fund" on Ethereum.

65% of $SOL Deribit options OI sits in the Sep 25 expiry. Largest strike concentrations: $125.0, $90.00, $105.0. Spot: $115.9 | max-pain reference: $90.00. Which level matters into expiry?

JUST IN: Elon Musk says SpaceX will overtake OpenAI and Anthropic in "about six months" as it rapidly brings more compute online.

NEW IN: The U.S. Treasury will buy back up to $6 billion in longer-term debt today.

US growth accelerated in September, but so did price pressures. Composite PMI: 58.4 vs 56.0 prior Services: 58.7 vs ~56 expected Manufacturing: 57.0 vs ~53.6 expected The US 10Y jumped from around 5.03% at the release to above 5.10% shortly after. Stronger growth + firmer input costs are keeping upward pressure on rates.

Brent is near two week lows. Refined products are not. Brent is trading around $100 per barrel, but diesel markets remain extremely tight. European diesel futures recently reached record highs, while the US diesel crack spread hit a record $118.62 per barrel on September 14. US diesel inventories are also around 15% below the five year seasonal average. Europe is also facing an estimated 510K bpd jet fuel deficit in Q4, with inventories in the Amsterdam Rotterdam Antwerp hub at their lowest in seven years.

NEW IN: CFTC Chair says the agency is preparing for the "era of onchain systems, mass tokenization, 24/7 trading, and agentic finance."

$XRP options are leaning toward upside convexity. At the 1w 25Δ point, calls trade 9.3 vol points above comparable puts, a 95th percentile reading. Sensible positioning, or crowded demand?

JUST IN: BlackRock says AI compute could be "tokenized" in the future.

~$18.1B in BTC and ETH options expire Friday. bitcoin:native : Put/call: 0.66 24h volume put/call: 0.37 ethereum:native : OI put/call: 0.61 24h volume put/call: 0.55 Both books are already call heavy, but recent flow is even more skewed toward calls, particularly in BTC. BTC call OI is concentrated around $90K and $100K, while ETH call interest builds around $3K to $4K.

This week, the focus shifts from central banks to growth and trade. Wednesday brings UK flash PMIs, with services expected at 52.0 and manufacturing at 51.5. Both remain above the 50 level that separates expansion from contraction, but forecasts point to slightly softer activity than the previous month. Thursday, attention turns to the Trump–Xi summit in Washington, with trade, AI, rare earths and the extension of the current tariff truce among the issues expected to feature in discussions. Friday brings US durable goods orders, forecast to fall 0.4% MoM after a 1.1% increase previously. With last week’s Fed decision behind us, the bigger question for markets is whether incoming growth data and US–China developments reinforce or challenge the current rates and risk-asset setup.