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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
Ethereum Spot ETF had a net outflow of 17.87 million dollars in a single day, with the Fidelity ETF experiencing the highest outflow.
According to the Gate.io News bot, data from SoSoValue shows that on May 6 (Eastern Time), the Ethereum Spot ETF market experienced a comprehensive outflow, with nine ETF products totaling a net outflow of $17.8709 million. Among them, Fidelity ETF FETH had the largest net outflow amount, reaching $17.8709 million. Data statistics indicate that the total net asset value of the Ethereum Spot ETF remains at $6.182 billion, with an ETF net asset ratio (market capitalization compared to the total market capitalization of Ethereum) of 2.88%, and a historical cumulative net inflow of $2.490 billion.
Source: Wu Says