Dear Users:
Since the net value of leveraged ETF products ALPHA3S, ZEN3S, RSR3S, BNB3S, XTZ3S and SRM3S were lower than 0.05 USDT respectively, they triggered the Share Merging Mechanism. As such, MXC has merged the shares of ALPHA3S, ZEN3S, RSR3S, BNB3S, XTZ3S and SRM3S at 01:30 (UTC+8) on January 4th.
The 10 shares of ALPHA3S, ZEN3S, RSR3S, BNB3S, XTZ3S and SRM3S has been merged into 1 share respectively. Consequently, the net value per share of ALPHA3S, ZEN3S, RSR3S, BNB3S, XTZ3S and SRM3S 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.
Learn more about leveraged ETF, please visit:
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What is "Share Merging Mechanism"
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Guide for Leverage ETF
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Leveraged ETF Lecture
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FAQ for Leveraged ETF
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