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Crypto Infrastructure Draws About 85% of $107.1 Million in Weekly Funding

Funding rose 436% from the prior week as Bitcoin and Ether fell and spot crypto funds recorded opposing flows.

Updated 1 min read
A shopkeeper connects a payment terminal at a neighborhood store in New York City. (AI-generated image / EconoTimes)
A shopkeeper connects a payment terminal at a neighborhood store in New York City. (AI-generated image / EconoTimes)

Disclosed crypto rounds totaled $107.1 million in the week through Oct. 26, with infrastructure taking about 85% of the total even as Bitcoin and Ether fell and spot fund flows split.

Seven infrastructure rounds generated $90.5 million among the 11 weekly deals. The remaining four transactions totaled $16.6 million. Funding overall climbed 436% from the prior week, while infrastructure alone exceeded the combined intake of all other categories by more than fivefold.

Meow and Mural accounted for just over half of infrastructure funding. Meow’s round came to $31.6 million, and Mural’s was $15 million. Their combined financing was $46.6 million.

Crypto markets fell over the same period. Bitcoin (BTC) lost 2.4%, Ether (ETH) shed 3.4%, and crypto’s overall market capitalization contracted 2.2%. The Fear & Greed Index slid to 50, a neutral level.

Spot Bitcoin exchange-traded funds (ETFs) drew $442.7 million in net inflows. Spot Ether ETFs, meanwhile, saw $225 million withdrawn on net.

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