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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
ETH ETF Approval: The role of Form 19b-4 application and S-1 form.
Gate.io reported: The key stages for the approval of the Ethereum ETF include submitting a 19b-4 application and an S-1 registration form to obtain approval from the Securities and Exchange Commission (SEC) and list on the exchange. These forms outline rule changes and product details such as fund structure and investment strategies. Although they are important, approval does not guarantee the ETF will be available to the public. Delays or rejections may impact market sentiment and volatility. The approval from the SEC is crucial for Ethereum to become a mainstream investment.