PANews reported on April 24 that, according to official sources, Gate ETF will launch UB3L/USDT and UB3S/USDT at 15:00 (UTC+8) on April 24, supporting 3x leverage for long/short UB trading respectively. Gate ETF currently supports trading of 332 tokens.

In addition, Gate will launch an ETF trading challenge from 15:00 on April 24th to 15:00 on May 7th (UTC+8). Users who participate in UB3L/USDT and UB3S/USDT trading can share a prize pool of 50,000 USDT. Daily trading volume ≥ 1,000 USDT can earn 20–100 USDT randomly, with a maximum cumulative reward of 1,000 USDT; the total trading volume of all members ≥ 3,000 USDT will also share a 30,000 USDT reward proportionally, with a maximum of 200 USDT per person. Furthermore, inviting friends to participate in trading can earn up to 500 USDT in blind box rewards.