Web3 Funding Hits $3.​88B in October, Altcoin ETFs Launch Strong

💰 Web3's $3.88B October

By Bridgers
Nov 3, 2025, 4:22 PM
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October 2025 marked a milestone for Web3 funding, reaching $3.​88B - the second-highest month ever after November 2021's $7B peak.​

Three major deals dominated the landscape:

  • Polymarket: $2B
  • Tempo: $500M
  • Kalshi: $300M

These three projects alone captured over 70% of monthly funding, signaling renewed VC confidence in Web3 infrastructure.​

New altcoin spot ETFs launched with impressive debuts:

  • SOL ETFs: $199M inflows (matching ETH's 2024 launch performance)
  • HBAR ETFs: $44.​4M inflows
  • LTC ETFs: $0.​7M inflows

Meanwhile, BTC and ETH ETFs experienced outflows as investors rotated into newly available altcoin options following recent rate cuts.​

Tragic news from Turkey: Former Thodex CEO Faruk Fatih Ozer was found dead in prison, suspected suicide.​ He was serving an 11,196-year sentence for the 2021 exchange collapse that cost $2.​6B and affected 400,000 victims.​

Binance added Chinese language support for token searches, with CZ sharing the update on X.​ The announcement sparked a 36% surge in meme coin BinanceLife within 24 hours.​

Sources

📢 Today’s Top Crypto Headlines: 🔹 U.S. Lawmakers Debate Comprehensive Crypto Bill Democratic senators met with crypto CEOs this week to discuss a unified regulatory framework. A leaked six-page DeFi proposal prompted concern that new oversight rules could hinder innovation.

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📢 Today’s Top Crypto Headlines: 🔹 S&P Global Expands with Digital Markets 50 Index • Launched in partnership with Dinari, a U.S. tokenized securities firm. • Includes 35 digital asset companies (finance, blockchain) + 15 top cryptocurrencies. • Aims to be a comprehensive

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📢 Today’s Top Crypto Headlines: ⛏️ Bitcoin Mining Difficulty Hits Record •Difficulty climbed to 134.7T, an all-time high •Profit margins tightening for large operations → centralization concerns •Yet small miners on Solo CK Pool still secured full block rewards worth

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📢 Today’s Top Crypto Headlines: 🤖 Google Links AI, Stablecoins & Payments • Updated its open-source protocol to let AI process transactions, including stablecoins • Partners: Coinbase, Ethereum Foundation, Salesforce, AmEx, Etsy • Signals deeper AI + crypto + traditional

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🚨 Breaking: 12 US Senate Democrats have unveiled a new crypto market structure framework with 7 key points. Highlights: ⚖️ CFTC to regulate non-security tokens 📊 Clearer token classification & issuer disclosures 🔒 Stricter compliance on trading platforms 💰 More funding for

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📢 Today’s Top Crypto Headlines: 🏛️ Fellowship PAC Launches • New crypto-focused PAC aims to raise $100M+ for pro-crypto candidates • Aligns more with Republicans & Trump than Fairshake PAC • Backed by Tether US unit, tied to USAT stablecoin under GENIUS Act • Signals

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📢 Today’s Top Crypto Headlines: 🔹 China Eases Export Restrictions • China’s Ministry of Commerce clarified that rare-earth export controls are not an outright ban and that authorized permits will continue. • Officials expect only a “minimal global impact.” • U.S. VP Vance

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📢 Today’s Top Crypto Headlines: 📉 Network Revenue Declines with Lower Volatility • VanEck reports 16% drop in blockchain revenues for Sept. • ETH revenue -6%, SOL -11%, TRX -37% (post gas fee cut). • Price volatility also down: ETH -40%, BTC -26%. Lower volatility = fewer

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📢 Today’s Top Crypto Headlines: 📑 SEC Sets New Standards for ETPs • New rules for exchange-traded products (ETPs) covering commodities & digital assets • Eases approval process → no need for Section 19(b) proposals • ✅ Approved: Grayscale Digital Large Cap Fund (CoinDesk

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📢 Today’s Top Crypto Headlines: 🏛️ Bipartisan Push for U.S. Crypto Legislation • 12 Democratic senators call for collaboration on market structure bill • Outline 7 key priorities: - Close non-securities regulatory gaps - Clear oversight for issuers/platforms - Combat illicit

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📢 Today’s Top Crypto Headlines: 💥 $1.7B in Liquidations • Total: $1.698B in 24h • Longs: $1.613B | Shorts: $85.6M • In last 12h: ETH $492M, BTC $284M, SOL $95.5M • Highlights leverage-driven volatility. 🏦 Strive–Semler Merger & BTC Treasury • Strive (ASST) acquires

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📢 Today’s Top Crypto Headlines: 💵 Tether Eyes $20B Raise • Reportedly seeking up to $20B in funding → potential $500B valuation • Would rank Tether alongside OpenAI & SpaceX as top private firms • Represents 3% equity stake, but insiders view target as overly ambitious.

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📢 Today’s Top Crypto Headlines: ⚖️ SEC & CFTC Cooperation • Exchanges with existing registrations from either body can now offer spot crypto trading services legally • Aims to boost institutional trust, liquidity & compliance clarity • Positions the U.S. as a stronger hub

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📢 Today’s Top Crypto Headlines: 🇺🇸🇭🇰 Expansion of Spot Crypto ETFs • SEC now allows ETF issuers to file S-1 registrations without delayed amendments, activating 20 days post-filing • New ETFs launching this week: • Bitwise Solana Staking ETF • Canary Litecoin ETF • Canary

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🚨 US Congress is back from recess and crypto is now front and center. 🏛️ Senate Banking aims to revise the market structure draft before September ends. 🌾 Senate Agriculture will follow with CFTC-focused proposals. 🇺🇸 Senator Lummis says the bill could be signed into law by

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🚨 Regulatory Shift in Crypto 🚨 SEC’s Paul Atkins unveiled Project Crypto: ✅ Clear & predictable rules ✅ Most tokens not securities ✅ On-chain fundraising made compliant ✅ One framework for trading, lending & staking ✅ “Minimum effective dose” regulation to stop monopolies

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📢 Today’s Top Crypto Headlines: 🔹 Fed Considers “Skinny Master Accounts” for Crypto Firms Federal Reserve Governor Christopher Waller announced plans to explore restricted master accounts for crypto and fintech firms. These limited-access accounts would connect such entities

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📢 Today’s Top Crypto Headlines: ⚖️ SEC & CFTC Align on Crypto Rules • Joint D.C. roundtable emphasized unified regulation • SEC directs issuers to withdraw 19b-4 filings • New generic listing standards → faster approval for spot ETFs meeting criteria. 📈 IBIT Surpasses

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📢 Today’s Top Crypto Headlines: 🔹 Aftermath of Major Liquidations Sparks Debate • A wallet reportedly shorted $1.1B in positions before last week’s liquidation wave, netting $150M profit in a single day. • The wallet is allegedly tied to Garrett Jin, former executive at

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📢 Today’s Top Crypto Headlines: 🟣 Ethereum: Institutional Interest vs. Revenue Decline • Network revenue fell -44% MoM → $14.1M • Transaction fees dropped -20%, linked to Dencun upgrade • Concerns: weakened fundamentals vs. benefits of lower costs & staking yields • ETF

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📢 Today’s Top Crypto Headlines: 🏦 Nasdaq Proposes Tokenized Trading • Submitted plan to SEC: trade traditional + tokenized securities side by side • Orders merged into a single book, cleared via DTC, mirrored on-chain • If approved, tokenized settlements could launch Q3

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📢 Today’s Top Crypto Headlines: 🛡️ NYDFS Tightens Custody Rules • New guidelines require digital asset custodians to ensure client ownership even in bankruptcy • Stronger disclosure + security standards → raising bar for trust & safety in custody. 🇬🇧 Bank of England Warms

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📢 Today’s Top Crypto Headlines: 💸 Record-Breaking Month for Web3 Funding • October 2025: Web3 funding hit $3.88 B, 2nd highest ever (after $7 B in Nov 2021) • Major rounds: Polymarket $2B, Tempo $500 M, Kalshi $300 M • These 3 projects = 70%+ of monthly funding, showing

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