Since the net value of leveraged ETF products BTC4S, LTC4S, THETA3S, AVAX3L and FLM3L are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of BTC4S, LTC4S, THETA3S, AVAX3L and FLM3Lat 15:00 (UTC+8) on December 27.
The 10 shares of BTC4S, LTC4S, THETA3S, AVAX3L and FLM3Lwill be merged into 1 share respectively. Consequently, the net value per share of BTC4S, LTC4S, THETA3S, AVAX3L and FLM3Lwill be up 10 times, while user's holding amount will be down to 1/10. In this connection, user’s total asset will stay the same after the merging.
Comments
0 comments
Article is closed for comments.