PANews reported on March 9 that, according to an official announcement, Gate ETF has launched XAU5L/USDT, XAU5S/USDT, XAG5L/USDT, and XAG5S/USDT, supporting 5x leverage for long/short positions in gold (XAU) and silver (XAG) respectively. Gate ETF currently supports trading in 324 tokens.

In addition, Gate will be holding an ETF trading challenge from 17:00 on March 9th to 17:00 on March 18th (UTC+8). Users who register and participate in trading XAU5L/5S or XAG5L/5S can share a 30,000 USDT prize pool. Users can randomly receive 20-100 USDT for completing a specified trading volume each day, 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 percentage. Furthermore, inviting friends to participate in trading can earn up to 500 USDT in blind box rewards.