#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 Price Prediction: As Nasdaq Files For In-kind Redemptions For BlackRock Bitcoin ETF, Exp...
The Bitcoin price has climbed 1.5% in the last 24 hours to trade at $104,653 as of 8 p.m. EST on a 50% slump in trading volume to $47 billion.
This comes as Nasdaq filed a request to the Securities and Exchange Commission to allow it to make in-kind redemptions for BlackRock’s iShares Bitcoin Trust (IBIT).
JUST IN: BlackRock's Bitcoin ETF now allows in-kind redemption, enabling investors to exchange their shares for actual Bitcoin instead of cash. pic.twitter.com/3zeKqZj2Bp
— Michael Saylor ⚡