๐ฅ Gate Square Event: #PTB Creative Contest# ๐ฅ
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB ๐ https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live ๐ https://www.gate.com/zh/announcements/article/46934
๐
Event Period: Sep 10, 2025 04:00 UTC โ Sep 14, 2025 16:00 UTC
๐ How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
๐ Rewards:
๐ฅ 1st
Breaking News | BlackRock's Bitcoin Spot ETF nears $70 billion!
BlackRock's iShares Bitcoin Trust (IBIT) surpassed $70 billion in assets under management in just 341 trading days, setting a record for the fastest growth in history, far exceeding the performance of gold ETFs (such as GLD).
๐ก Interpretation highlights:
This indicates that a large amount of institutional capital is flowing into Bitcoin through compliant channels.
Beyond traditional safe-haven assets (such as gold), Bitcoin is increasingly becoming a part of mainstream investment portfolios;
The influx of funds has enhanced market liquidity and may further boost the price of Bitcoin.
๐ The significance for the coin circle:
In the short term, the continuous accumulation of ETFs may bring upward momentum;
The medium to long term means that Bitcoin is gradually gaining the same asset positioning as gold: anti-inflation and safe haven;
In addition, the entry of institutions may also drive the development of related derivatives and derivative markets.