Since the net value of leveraged ETF product RUNE3S are lower than 0.05 USDT, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of RUNE3S at 13:00 (UTC+8) on January 1.
The 10 shares of RUNE3S will be merged into 1 share. Consequently, the net value per share of RUNE3S will 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.