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- 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
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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!
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📅 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 Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
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Tari is a Rust-based blockchain protocol centered around digital assets.
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🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
BlackRock Stays on the Sidelines of the Spot-XRP ETF Race—for Now
Why BlackRock isn’t rushing into an XRP or SOL ETF
BlackRock is pumping the brakes on fresh single-asset crypto ETFs. A company spokesperson said the firm has no near-term plans to file for a U.S. spot XRP or SOL product. That stance fits its demand-first, risk-managed rollout that started with bitcoin and then ether.
The bar is high because IBIT keeps setting records. BlackRock’s iShares Bitcoin Trust has grown into a juggernaut—topping 700,000 BTC and more than $70 billion in assets this summer. When one fund delivers deep liquidity and tight spreads, the opportunity cost of splitting attention becomes obvious. For most institutions, one big, liquid vehicle beats a shelf of thin products.
Key reasons BlackRock can wait:
Ripple’s legal reset changed the backdrop—not BlackRock’s calculus
The courtroom cloud over XRP finally thinned. On August 8, 2025, Ripple agreed to a $125 million penalty and an injunction that restricts certain institutional sales, while programmatic exchange sales remained outside securities rules. That outcome removed a big overhang for the token. However, it didn’t flip BlackRock’s switch. The firm still wants to see durable demand, clear plumbing, and consistent liquidity before it opens another single-asset ETF.
Think of it this way: even with the legal narrative cleaner, the product must earn its shelf space. Until the data say otherwise, doubling down on bitcoin’s scale looks smarter than spreading resources across smaller niches.
The XRP ETF queue is forming—without BlackRock’s name
Other issuers are moving ahead. Cboe BZX has filings to list the 21Shares Core XRP Trust, and NYSE Arca aims to convert Grayscale’s XRP Trust into a spot ETF. The Block also flags interest from ProShares, Bitwise, and Canary. If one of these funds wins approval, real-world demand and secondary-market liquidity will get a live test. BlackRock can watch that tape before deciding whether to join.
Meanwhile, BlackRock’s broader digital-assets plan keeps leaning into tokenization alongside ETFs. The BUIDL tokenized money-market fund has passed $3 billion, and the firm continues to explore targeted crypto ETPs. The pattern is clear: favor scale, regulatory clarity, and institutional readiness. That lens explains why bitcoin remains the centerpiece and why BlackRock is content to sit out the initial XRP scramble—at least in the short run.