Since the net value of leveraged ETF products LTC4S and SNX3S are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of LTC4S and SNX3S at 23:00 (UTC+8) on December 18.
The 10 shares of LTC4S and SNX3S will be merged into 1 share respectively. Consequently, the net value per share of LTC4S and SNX3S 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.