💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
What are Bitcoin ETFs?
Traditional financial institutions (TradFi) are making significant moves into the crypto space, particularly with Bitcoin Exchange-Traded Funds (ETFs). Bitcoin ETFs are exchange-traded funds that expose retail investors to Bitcoin without requiring them to own or trade it directly, primarily offered on traditional exchanges by brokerages.
However, due to the highly regulated nature of TradFi, institutions interested in trading Bitcoin ETFs need to secure a license from relevant regulatory authorities. The United States, in particular, has yet to approve a spot Bitcoin ETF, which is backed by Bitcoin.
Several significant institutions have started the process to offer Bitcoin ETFs. Blackrock, the world's largest asset manager with over $10 trillion in assets under management (AUM), filed for a spot Bitcoin ETF with the U.S. Securities and Exchange Commission (SEC). WisdomTree followed suit, also filing for a spot Bitcoin ETF, and Invesco reactivated their filing for Bitcoin ETFs.
Interestingly, Blackrock plans to partner with Nasdaq in a surveillance-sharing agreement to mitigate manipulation, which could be a significant move for the crypto space.
These filings appear coordinated and come right after the SEC recently sued B.inanc.e and Coinbase, leading to speculations that these traditional financial institutions are aiming to have a share of the lucrative crypto fees, despite their previous criticisms of the industry.
The potential approval of these filings could lead to massive Bitcoin and crypto adoption. Once approved, Blackrock and the others will educate millions of retail consumers on allocating a portion of their portfolio to crypto, increasing consumer interest in other crypto products.
Lastly, these developments could trigger the next crypto cycle faster than expected, which would be reflected in Bitcoin's price action in the coming days and months.