The weather is nice today

Eating hotpot
Singing songs
Suddenly！！！！！！
Received a message
GATE @Gate @Gate_zh activity reminder
ETF event
Dead memories start attacking me
Who still remembers
Trading products
Besides spot and futures
There is also ETF
After all, when I entered the industry
At the exchange
I was also responsible for this sector for a while

Because there are no high-risk, high-reward futures, and no tokenization of traditional spot for deposits and withdrawals, it seems not very popular. The user path on the exchange is very deep, Gate provides a three-level entry point, categorized under spot
So is ETF really unplayable? Let’s learn about it together

First, what is an ETF

An ETF (Exchange-Traded Fund) is a type of special open-ended fund listed on a stock exchange, launched as a leveraged ETF product, usually by holding perpetual contracts and other derivatives to track and amplify the price movements of the underlying crypto assets (such as BTC, ETH), providing investors with a standardized tool to achieve multiple returns (or losses) without managing margin

Alright, maybe you don’t understand, I don’t understand either, AI checked

Actually, an ETF is just an exchange that offers a derivative product, fixing the multiple and the underlying asset, usually 3x or 5x, allowing long (L) or short (S) positions. Unlike futures contracts, which are based on futures and perpetual futures, ETFs involve borrowing. When you buy or sell, the exchange needs to complete the borrowing and returning of coins. Because it’s borrowing, it’s spot trading, so there’s no liquidation risk. If the underlying asset rises by 1x, it rises 3x; if it falls by 1x, it falls 3x. If the drop or rise is too severe, rebalancing is needed to maintain the leverage ratio.

In summary, it’s a spot token with 3x or 5x returns that won’t liquidate

And then, let’s talk about Gate. I thought this product, because it’s not so widely noticed, many exchanges just have it listed but don’t operate it actively
Today I checked

Wow, the number of underlying assets is all at the bottom
Checked, 256?
256, enough for college entrance exams
Gate, what are you doing
Most exchanges have just over ten
You have so many
Only focused on making products
Not interested in promotion at all
Say nothing, just start with 100U
Smooth as silk
Gotta say
$sol is the real Bitcoin
This market, there’s not much to play, you can give it a try
For those used to liquidation, try leverage products without liquidation

I previously posted a tweet about Gate’s ETF product, trading 5 billion USD in 30 days, showing that those who like to play are always participating. Gate just quietly made good products, providing more trading options and serving more people well

Finally, I saw that Gate has two ETF activities recently, with a total prize pool of 50,000U. Are you really not coming to try it out?

#GATE
@Godot_gate @Godot_gate