#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
BlackRock's IBIT asset management scale exceeded 70 billion USD in just 341 days, setting the record for the fastest achievement.
Gate News bot news, Bloomberg ETF analyst Eric Balchunas posted on social media, stating: "BlackRock's IBIT asset management scale has just surpassed 70 billion USD, becoming the fastest ETF to reach this level in history, taking only 341 days."
Balchunas said the milestone was about five times faster than the previous record holder, SPDR Gold Shares (GLD), which took 1,691 trading days to reach $70 billion in AUM.
Source: Cointelegraph