ChainCatcher reported, citing the latest weekly report from Gate Ventures, that crypto markets moved in a volatile recovery pattern as global risk assets came under pressure from a pullback in technology stocks, fluctuations in energy markets, and changes in macro expectations.
On price action, BTC gained 1.1% over the week and ETH rose 4.4%, pushing the ETH/BTC ratio up 2.2%. Total cryptocurrency market capitalization increased 1.03%.
ETF flows diverged between Bitcoin and Ether
On the flows side, spot BTC ETFs posted net inflows of only $33.8 million for the week, the lowest level since their launch. Over the same period, spot ETH ETFs recorded net inflows of $103.9 million.
Gate Ventures said market sentiment improved, with the Fear and Greed Index rising to 30, although it remained in the “fear” range.
STRC stays below par for a ninth straight week
At the same time, Strategy’s STRC held at about $86 and traded below par for the ninth consecutive week. The report said institutional holdings continued to rise, and the market is watching its next moves.
Stablecoin payments and financial infrastructure remain a focus
In industry developments, the report said work on stablecoin payments and blockchain-based financial infrastructure continued. KB Kookmin Bank and JPMorgan-owned Kinexys are exploring blockchain-based cross-border payment services, extending traditional financial institutions’ push into on-chain payment use cases.
Gate Ventures also said Kakao and Circle are exploring infrastructure for Korean won stablecoin payments, with a focus on expanding stablecoin use in retail payments and cross-border settlement.
Disclosed funding reached $196.5 million last week
On fundraising, eight deals were completed last week, with disclosed funding totaling $196.5 million. Infrastructure was the largest category at $193 million, and Augustus, a stablecoin clearing infrastructure project, closed a $180 million round.
Overall, Gate Ventures said short-term risk appetite remains cautious, while stablecoin payments, on-chain clearing, and financial infrastructure continue to attract capital attention.