Since the net value of leveraged ETF products FTM3S, SOL3S and SRM3S are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of FTM3S, SOL3S and SRM3S at 13:00 (UTC+8) on February 24.
The 10 shares of FTM3S, SOL3S and SRM3S will be merged into 1 share respectively. Consequently, the net value per share of FTM3S, SOL3S 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.