📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
The Wisconsin State Investment Board closed all positions worth $350 million in Bitcoin Spot ETF holdings.
According to Mars Finance, the State of Wisconsin Investment Board (SWIB) fully closed its holdings of approximately 6 million shares of BlackRock's iShares Bitcoin Trust (IBIT) in the first quarter of 2025, with a market capitalization of about $350 million at that time. The agency had significantly increased its holdings in this ETF by the end of 2024, becoming one of the first state-level pension funds in the U.S. to invest in Bitcoin spot ETFs. This exit occurred against a backdrop of a roughly 12% fall in Bitcoin prices. At the same time, Abu Dhabi's sovereign wealth fund Mubadala increased its IBIT holdings to about $409 million in the same quarter, indicating a divergence in the allocation strategies of institutional investors towards Bitcoin ETFs. (CoinDesk)