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- 🎉 Attention Alpha fans! Alpha’s latest TAG airdrop goes live today at 10 AM—first come, first served!
💰 Don’t forget to share your airdrop or points screenshot on Gate Square with the hashtag #ShowMyAlphaPoints# for a chance to win a share of the $200 token mystery box!
🥇 Top points winner: $100
✨ 5 outstanding posts: $20 each
📸 Pro tips:
Add a caption like “I earned ____ with Alpha. So worth it”
Share your points-earning tips or redemption experience for a better chance to win!
📅 Activity deadline: August 10, 18:00 UTC
Let’s go! See you tonight: https://www.gate.com/announcements/article - Hey fam—did you join yesterday’s [Show Your Alpha Points] event? Still not sure how to post your screenshot? No worries, here’s a super easy guide to help you win your share of the $200 mystery box prize!
📸 posting guide:
1️⃣ Open app and tap your [Avatar] on the homepage
2️⃣ Go to [Alpha Points] in the sidebar
3️⃣ You’ll see your latest points and airdrop status on this page!
👇 Step-by-step images attached—save it for later so you can post anytime!
🎁 Post your screenshot now with #ShowMyAlphaPoints# for a chance to win a share of $200 in prizes!
⚡ Airdrop reminder: Gate Alpha ES airdrop is - Gate Futures Trading Incentive Program is Live! Zero Barries to Share 50,000 ERA
Start trading and earn rewards — the more you trade, the more you earn!
New users enjoy a 20% bonus!
Join now:https://www.gate.com/campaigns/1692?pid=X&ch=NGhnNGTf
Event details: https://www.gate.com/announcements/article/46429 - Hey Square fam! How many Alpha points have you racked up lately?
Did you get your airdrop? We’ve also got extra perks for you on Gate Square!
🎁 Show off your Alpha points gains, and you’ll get a shot at a $200U Mystery Box reward!
🥇 1 user with the highest points screenshot → $100U Mystery Box
✨ Top 5 sharers with quality posts → $20U Mystery Box each
📍【How to Join】
1️⃣ Make a post with the hashtag #ShowMyAlphaPoints#
2️⃣ Share a screenshot of your Alpha points, plus a one-liner: “I earned ____ with Gate Alpha. So worth it!”
👉 Bonus: Share your tips for earning points, redemption experienc - 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 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.
Michigan Retirement Fund Invests Heavily in Bitcoin ETF: $11 Million Stake in ARK, Will Pension Funds Go All In on Crypto Assets?
The Michigan retirement fund has significantly increased its investment in Bitcoin through the ARK 21Shares (ARKB) exchange-traded fund, highlighting how ETFs simplify the process for institutional investors to access digital assets. According to regulatory filings submitted to the SEC, as of the end of the second quarter, the Michigan Retirement System held 300,000 shares of ARKB stock, valued at $10.737 million. This marks a significant growth compared to 110,000 shares during the same period last year. This major news, combined with President Trump considering issuing an executive order allowing individual retirement accounts to invest in digital assets, signals an unprecedented wave of crypto assets investment about to sweep the pension market.
Michigan Retirement Fund: From Traditional Investments to Crypto Assets Allocation
ARKB is one of the 11 spot Bitcoin ETFs approved by the SEC in January 2024, allowing direct investment in Crypto Assets. Based on the current stock price of $37.72, assuming no shares have been sold since the last disclosure, the value of ARKB shares held by the retirement fund is now approximately $11.3 million.
In addition to holding Bitcoin-related assets, the retirement fund has also disclosed its holding of 460,000 shares of Grayscale Ethereum Trust (ETHE), valued at approximately $9.6 million as of June 30. This holding has remained unchanged since September 2024.
Michigan is not the only state whose retirement fund is investing in digital assets. According to Cointelegraph, the Wisconsin Investment Board disclosed a $321 million Bitcoin investment in February through BlackRock's iShares Bitcoin Trust (IBIT) and Grayscale's Bitcoin Trust (GBTC), showing significant growth compared to the previous year.
Trump Administration Spurs: Bitcoin, Ethereum ETF Gold Rush Accelerates
As Michigan disclosed this news, reports indicated that U.S. President Trump is considering issuing an executive order to allow individual retirement accounts to invest in digital assets. If this policy is implemented, it will open the door to Crypto Assets for the multi-trillion-dollar retirement market, leading to an unprecedented influx of capital.
Following the most successful ETF issuance in American history, Bitcoin funds maintained strong momentum in 2024. In mid-July, U.S. Bitcoin ETFs saw net inflows exceeding $1 billion for two consecutive days, marking the first time this has occurred. This surge prompted 12 consecutive days of fund inflows, coinciding with Bitcoin reaching a historical high of over $123,000. According to Bitbo, U.S. spot Bitcoin ETFs currently hold over 1.292 million BTC, valued at approximately $14.65 billion.
The Ethereum ETF has also gained significant growth momentum after initially slow development, with BlackRock's iShares Ethereum ETF becoming the third fastest to reach a $10 billion asset management scale. According to data from Dune Analytics, the on-chain holdings of Ethereum in the ETF have increased by over 40% in the past month. The surge in ETH accumulation has driven a substantial rise in ETH prices, climbing above $3,800 in July, with an increase of more than 110% since early May.
Conclusion
The Michigan Retirement Fund invested $11 million in ARK ETF, deepening its investment in Bitcoin. This not only reflects the growing recognition of crypto assets by institutional investors but also, under the potential policies of the Trump administration, indicates that the pension market will become an important driving force for the next wave of growth in crypto assets. This trend of "pensions ALL IN on crypto assets" will fundamentally change the position of digital assets in mainstream finance.