#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
Schwab report: The interest of millennials in encryption currency ETFs has increased significantly
PANews reported on October 11th that according to The Block, Schwab Asset Management's annual ETF research showed a significant increase in interest in encryption currency ETFs among millennials. The research shows that 62% of millennials plan to invest in encryption currency ETFs in the next year, far higher than 44% of Gen X and 15% of baby boomers. This indicates that the launch of encryption ETFs is narrowing the investment gap between different generations. Since the launch of the spot Bitcoin ETF in January this year, the cumulative volume has reached $426 billion. The interest in encryption currency is growing stronger among millennials and institutional investors.