Since the net value of leveraged ETF products DOT5L, BTC5L, XRP5L & FILECOIN3S are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of DOT5L, BTC5L, XRP5L & FILECOIN3S at 13:00 (UTC+8) on March 25.
The 10 shares of DOT5L, BTC5L, XRP5L & FILECOIN3S will be merged into 1 share respectively. Consequently, the net value per share of DOT5L, BTC5L, XRP5L & FILECOIN3S 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.