Since the net value of leveraged ETF products BLZ3L, XRP4L and STORJ3L are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of BLZ3L, XRP4L and STORJ3L at 12:30 (UTC+8) on December 23.
The 10 shares of BLZ3L, XRP4L and STORJ3L will be merged into 1 share respectively. Consequently, the net value per share of BLZ3L, XRP4L and STORJ3L 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.