WebAssembly.instantiateStreaming(): unexpected section

[ShayRubach]

Hello. I have my Rust code compiled to wasm and successfully called from a JS file. I followed the official tutorial.

Now, when shipping the same code to my production project, that includes bundling everything via webpack5, I get the following error:
Uncaught (in promise) CompileError: WebAssembly.instantiateStreaming(): unexpected section <<unknown>> @+17862 Promise.then (async) __webpack_require__.a @ (index):51572 Object.defineProperty.value @ (index):106 __webpack_require__ @ (index):51493 (anonymous) @ (index):51678 (anonymous) @ (index):51680

I have tried to wasm-pack build both web and bundle targets (and instantiate Wasm manually when needed) with no success.

I've also read a few github discussions about somewhat similar issues people had but with no success of solving mine.
When I debug the wasm API call inside the browser, it looks as if the failure happens during webpack. Is there any known issue regarding using webpack 5 and wasm? Or any other way I can test/work around it?

Thanks.