💙 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
If the Ethereum (ETH) ETF is approved, I will start considering the issue of Grayscale's fund interruption.
Grayscale's Ethereum Trust Fund (ETHE) has long been trading at a price below its Net Asset Value (NAV).
For example, as of mid-May 2024, the discount rate for ETHE is about 20.52%, and the previous discount rate was even higher, reaching nearly 25% (Decrypt) (YCharts).
This means that the price paid by investors when purchasing these trust funds is lower than the actual value of Ethereum they hold.
Grayscale currently holds nearly $10 billion worth of ETH. If the ETH ETF is approved, investors may be more inclined to invest in the more convenient and transparent ETF instead of continuing to hold Grayscale's trust.
Grayscale's Ethereum Trust Fund (ETHE) may face funding pressure due to the approval of ETFs.
If Grayscale holders decide to sell their ETH holdings, it could put downward pressure on the market price.
Whether the new ETF can attract enough capital inflows to adapt to this pressure is still an unresolved issue.
#共庆Gateio11周年#