Since the net value of some ETF currenciesis lower than 0.1 USDT, it triggers the BKEX ETF Product Share Merging Mechanism. BKEX will merge the shares of these ETF currencies at 15:00 on May 25, 2023 (UTC+8). Details are as follows:
After the merger, the name, symbol and trading pair of the new share will be the same as these before the merger. During the period of merger, the merged currencies are not tradable and all open orders will be canceled by system.
The 100 shares of EOS5L, ID3S, DOGE5L, CFX3L, HOOK3S, PEPE3L, DYDX3S, PEPE3S, QTUM3L, ARB3L, FET3S, DYDX3L, ADA3L, HIGH3S, APT3L, MASK3L, MAGIC3L, ETH5L and BCH5S will be merged into 1 share. Consequently, the new net value per share of them will up 100 times the previous share.
The 1000 shares of APT5L、LQTY3L will be merged into 1 share. Consequently, the new net value per share of them will up 1000 times the previous share.
For rules and common questions about ETF product, please refer to: FAQ about Leveraged ETF Product
For Trading Guide to Leveraged ETF Product, please refer to: Trading Guide to Leveraged ETF Product
Herein we remind users that the price of ETF product will be settled with the net value of the merged currencies but not the price in order book of the merged currencies before share merging. Please know about the design and price fluctuation mechanism of the product before trading it to avoid unnecessary loss.
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