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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
🎁 4 winners split $100 Futures Voucher! - 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 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 - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
Gate Weekly Industry Review: Bitcoin ETF net outflow of 640 million USD, Ethereum market share surpasses 11%
Last week (July 28 - August 3), the net outflow amount of Bitcoin ETF was 640 million USD, breaking the record of significant net inflows for 7 consecutive weeks. Last week, BTC significantly fell from the 120,000 USD position to around 112,000 USD, gaining some support near 112,000 USD. Despite the significant drop in BTC, its market share slightly rebounded to 61.2%, indicating that BTC has been more resilient during the overall downtrend, while the alts have experienced larger declines.
Last week, Ethereum (ETH) ETF saw a net inflow of $150 million, setting a record for nine consecutive weeks of net inflows, with over $7 billion flowing in during the last nine weeks. ETH briefly surged to around $3,940 last week, but subsequently fell back to $3,500 as the market declined. The increase in ETH over the past 30 days remains as high as 41%, with ETH's market share currently reported at 11.5%.
Alts have generally fallen in line with the market over the past week, and the altcoin market still lacks new narratives. The altcoin season index is currently reported at 41, with market sentiment being relatively neutral.
This Week's Major Events (August 4 - August 10)
Macro
Trump delays the effective date of the reciprocal tariffs to August 7;
Project
Solana Mobile announced that its second smartphone, Seeker, will start shipping on August 4; moreover, Seeker will launch the SKR coin.
RICE AI will begin selling its RICE tokens on August 5 through the TokenFi Launchpad.
Ethena (ENA) will unlock approximately 172 million tokens at 3 PM Beijing time on August 5th, which accounts for 2.70% of the current circulating supply, valued at around 95.8 million USD.