PANews reported on March 4th that, according to an official announcement, Gate ETF officially launched ARC3L and ARC3S at 19:00 (UTC+8) on March 4th, both supporting 3x leverage for long/short positions. Gate ETF currently supports trading of 318 tokens.

In addition, Gate will launch an ETF trading challenge from 19:00 on March 4th to 19:00 on March 13th (UTC+8). Users who complete the registration and participate in ARC3L/USDT and ARC3S/USDT trading can participate in sharing a 30,000 USDT prize pool. During the event, users who trade ≥ 1,000 USDT daily can successfully check in and randomly receive 20–100 USDT, with a maximum cumulative reward of 700 USDT. If all participants meet the target, they can also share a 20,000 USDT reward based on their trading volume, with a maximum of 200 USDT per person. Inviting friends to participate in trading will also earn the inviter a blind box reward of up to 500 USDT when the invited friend's trading volume is ≥ 1,000 USDT.