Dear Users:
Since the net value of leveraged ETF products BNB3S, SRM3S, FTM3S, EOS3S, HT3S and ZEC3S are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of BNB3S, SRM3S, FTM3S, EOS3S, HT3S and ZEC3S at 12:30 (UTC+8) on February 20.
The 10 shares of BNB3S, SRM3S, FTM3S, EOS3S, HT3S and ZEC3S will be merged into 1 share respectively. Consequently, the net value per share of BNB3S, SRM3S, FTM3S, EOS3S, HT3S and ZEC3S 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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