Gate Ventures: Market volatility and cautious sentiment; institutional-grade on-chain infrastructure becomes a market highlight.

According to the latest weekly crypto report from Gate Ventures, the crypto market remained volatile last week, with mainstream assets showing lackluster performance. BTC and ETH saw slight declines, falling 0.69% and 0.8% respectively, indicating that overall market sentiment remained cautious. ETFs continued their net outflow trend, with BTC ETF experiencing a net outflow of approximately $681 million and ETH ETF a net outflow of approximately $68.6 million. The Fear & Greed Index remained at 27, indicating weak market risk appetite. The overall crypto market capitalization remained largely unchanged, with smaller-cap tokens under relative pressure. Notably, with social media platforms launching new features related to asset price displays, on-chain meme activity increased temporarily, leading to significant volatility in some tokens. The top 30 assets saw limited overall change, with privacy-related and some high-performance public chain-related assets recording relatively strong gains. At the industry level, institutional and infrastructure-related progress continued. The Ethereum staking ecosystem underwent structural changes, with validator exit pressure significantly easing, and staking scale and participation remaining high. Meanwhile, traditional financial institutions have advanced on-chain deposit and settlement solutions, highlighting the increasing adoption of blockchain infrastructure in institutional application scenarios. In terms of investment and financing, nine transactions were disclosed last week, with a total disclosed financing amount of approximately $275 million. The funds mainly flowed to infrastructure, stablecoin payments, and Bitcoin-related basic protocols, demonstrating capital's continued focus on underlying and application-oriented infrastructure.