Gate ETFs are leveraged financial derivatives offering 3x or 5x exposure to underlying asset price movements. Unlike margin trading, they require no collateral and carry no liquidation risk. Backed by platform-managed futures positions, their NAV reflects fair market value per token. Gate uses scheduled and non-scheduled rebalancing to maintain stable leverage ratios. A 0.1% daily management fee applies, making Gate ETFs a simpler and safer alternative to traditional leveraged trading.