To meet the trading demand of various users, MXC will launch LTC5L and LTC5S, BSV4L and BSV4S leveraged ETFs at 18:30 (UTC+8), January 10. The details are as follows:
LTC5L - 5x leverage long for LTC
LTC5S - 5x leverage short for LTC
BSV4L - 4x leverage long for BSV
BSV4S - 4x leverage short for BSV
The daily management fee rate for LTC5L and LTC5S, BSV4L and BSV4S shall be based on the fee rate indicated on the trading page, which will only be charged at 00:00 (UTC+8) each day. If you do not have position at the timepoint, no management fee will be charged.