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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
Bitcoin Spot ETF Inflows Stay Strong; IBIT Leads Charge
Since June 09, 2025, till writing, the inflow in Bitcoin spot remains positive, and on June 16, 2025, the inflow was positive $412.20, which helped the cumulative total net inflow to reach $46.06 billion.
According to the data in SoSoValue daily net inflow on June 09, 2025 was $386.27 million, on June 10 the inflow was positive $431.12 million, on June 11, 2025 the inflow was positive $164.57 million, on June 12 the inflow was positive $86.13 million and on June 13 the inflow was positive $322.60 million.
On June 16, 2025 total value traded was $3.12 billion, and the total net assets were $132.50 billion, which was $127.87 billion on June 13.
BlackRock is leading the charge in the Bitcoin spot ETF sector
According to the data from SoSoValue, IBIT by BlackRock had $266.60 million in inflows on June 16, 2025, with a cumulative net inflow of $50.30 billion, and the inflow in the same frame of GrayScale was $12.84 million with a cumulative net inflow of -$23.23 billion.
As per the data from CoinAnk, IBIT has 671.79k BTC, followed by FBTC, which has 200.09k Bitcoins, GBTC has 185.30k, ARKB has 46.75K Bitcoins, and BITB has 35.55k BTC.
In terms of prices, BTCW is the most costly, trading at $115.30, followed by BTCO is trading at $108.50, FBTC at $94.93, GBTC at $85.65, and IBIT by BlackRock is priced at $61.80.
However, IBIT stands at the top in terms of volume, followed by BTC, FBTC, GBTC, ARKB, BITB, and HODL; in the market, the top three leaders are IBIT, FBTC, and GBTC
Fees charged by GBTC and BTC are highest at 1.50%, followed by BITW with 0.30%, IBIT, HODL, BTCO, and BRRR are at 0.25%, BITB at 0.20%, and EZBC at 0.19%.
On the other hand, the total volume of BTC-ETF in Hong Kong was $1.16 million, with a total AUM of $467.35 million and a total BTC of 18.6k.
A quick overview of the Bitcoin price
Until publishing, Bitcoin was trading at $105,697 with a slight decline of 0.97%, and its market capitalization fell to $2.1 trillion with a loss of 0.92%
At the same time, Bitcoin is trading below the 20-day exponential moving average and above 50, 100, and 200-day exponential moving averages
In the YTD frame, Bitcoin prices surged 12.96% and added 58.90% in the past 52 weeks; if the prices continue to grow, it is expected to cross the nearest resistance of $106,824, followed by $123,296 and $149,999.