📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
QCP: Bitcoin and Ethereum ETF inflow has slowed down, but the fundamentals remain bullish.
Gate News bot, QCP noted in its market analysis that Bitcoin and Ethereum spot ETF inflows slowed slightly after a record May. On June 4, spot BTC ETF inflows totaled $87 million, and ETH ETF inflows totaled $57 million. Despite the seasonal downturn in the summer market, the structural backdrop remains intact. With both BTC and ETH issuance rates currently lagging behind the growth of the global money supply, the likelihood of long-term positive price volatility seems increasing.
New buyers are absorbing the supply. In particular, ETH has shown strong performance, repeatedly testing its 200-day moving average without forming lower lows. ETH/BTC remains around 0.025, reflecting the relative strength of ETH, and this trading pair is currently approaching the upper range.
In addition, as fiscal catalysts continue to push the macro environment in favor of BTC, any upward breakout could drive it past its historical high. The bullish ERKO Seagull options in September offer a zero-cost or low-cost participation under these circumstances, serving as an effective structure for capturing asymmetric rises.
Some institutional investors seem to agree on this point. The demand for 130,000 BTC call options in September is continuously rising, suggesting that market confidence in the bullish breakout narrative is increasing.