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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
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Post your - 💙 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
Giant Crypto Company Abandons Two Products for Bitcoin and Ethereum: Here's the Deadline! - Coin Newsletter
Crypto asset manager 21Shares has announced that it will liquidate two actively managed ETF products based on Bitcoin (BTC) and Ethereum (ETH) futures due to deteriorating market conditions.
In the statement made by 21Shares, it was stated that the company reviewed its product portfolio and decided to terminate the activities of two ETFs in line with market dynamics and investor expectations. Funds undergoing liquidation include the ARK 21Shares Active On-Chain Bitcoin Strategy ETF (ARKC)** and the ARK 21Shares Active Bitcoin Ethereum Strategy ETF (ARKY)**. It was announced that investors will be able to buy and sell shares of the ETF until the close of market on March 27, while the funds will be fully liquidated on approximately March 28**.
As a result of the liquidation process, investors who continue to hold the funds will receive payments equal to the net asset value of the fund in proportion to the share they hold.
There was a total outflow of $1.66 billion from spot Bitcoin ETFs listed in the US market in March. These large fund outflows are considered a clear indication of the general decline in the cryptocurrency market.
The expense ratios of the ARKC and ARKY ETFs managed by 21Shares were announced as 1% and 0.93% respectively. Despite these high expense ratios, it is stated that the market performance of the funds did not meet expectations, so the decision to liquidate was inevitable.
After the liquidations, it was a matter of curiosity whether other ETFs in the crypto asset management sector would make similar decisions.