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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars#
Gate has released its latest Proof of Reserves report! As of June 2025, the total value of Gate’s reserves stands at $10.453 billion, covering over 350 types of user assets, with a total reserve ratio of 123.09% and an excess reserve of $1.96 billion.
Currently, BTC, ETH, and USDT are backed by more than 100% reserves. The BTC customer balance is 17,022.60, and Gate’s BTC balance is 23,611.00, with an excess reserve ratio of 38.70%.The ETH customer balance is 386,645.00, and Gate’s ETH balance is 437,127.00, with an excess reserve
HOT DEVELOPMENT: The State of Wisconsin Reported to the SEC That It Sold All Bitcoin Positions! What is Happening?
The State of Wisconsin Investment Board (State of Wisconsin Investment Board) has terminated all of its investments in the iShares Bitcoin Trust ETF in the first quarter of 2025. This development emerged with the quarterly notification made to the Securities and Exchange Commission (SEC).
The state pension fund had become one of the first institutional investors to invest in spot Bitcoin ETFs launched in the first quarter of 2024. According to the fourth quarter 13-F reports published at the end of 2024, the fund had a stake of $321.5 million in the iShares Bitcoin Trust ETF.
The fund officials have not yet made a statement to the press regarding the issue.
However, today, Bitcoin spot ETFs saw a total net inflow of 320 million dollars, and there were no net outflows among the twelve ETFs. Ethereum spot ETFs recorded a total net inflow of 63.47 million dollars, and all nine ETFs reported no outflows.