Gate Ventures: Crypto Market Cap Falls 2.2% as VC Funding Jumps 436%
- —Crypto market cap dropped 2.2%; Fear and Greed Index at 50
- —Spot bitcoin ETFs drew $442.7 million; ether ETFs lost $225 million
- —11 deals raised $107.1 million, up 436% week over week
- —Infrastructure took 7 deals and $90.5 million, including Meow ($31.6M) and Mural ($15M)
Why it matters: Rising VC inflows into infrastructure while the market falls suggest investors are favoring long-term projects over speculative assets.
Source: PANews