💞 #Gate Square Qixi Celebration# 💞
Couples showcase love / Singles celebrate self-love — gifts for everyone this Qixi!
📅 Event Period
August 26 — August 31, 2025
✨ How to Participate
Romantic Teams 💑
Form a “Heartbeat Squad” with one friend and submit the registration form 👉 https://www.gate.com/questionnaire/7012
Post original content on Gate Square (images, videos, hand-drawn art, digital creations, or copywriting) featuring Qixi romance + Gate elements. Include the hashtag #GateSquareQixiCelebration#
The top 5 squads with the highest total posts will win a Valentine's Day Gift Box + $1
Bitwise claims that institutions have overlooked the biggest advantage of Crypto Assets.
Institutional investors have long been accustomed to chasing liquidity premiums, believing that locking up capital in private equity, credit, or venture capital will yield higher returns. However, Jeff Park, active portfolio manager at Bitwise Asset Management and Chief Information Officer of ProCap BTC, stated that this framework does not translate well to Crypto Assets.
On the contrary, Park advocates for liquidity alpha, stating that this makes digital assets unique while institutions miss out on great opportunities. Park made these remarks in an article, drawing on the legacy of Yale University's legendary Chief Investment Officer David Swensen. Swensen is known for promoting a model of endowment funds that allocates up to 70% of capital to alternative investments.
"I believe that the term structure of Crypto Assets is in a backwardation state, and investors can achieve excess returns by investing at the near end of the curve rather than the long end. Taking on Liquidity risk can yield substantial returns, as the scorecard is generated daily, with no need to wait ten years," Park explained.