Since the net value of leveraged ETF products ZEN3S, YFI3S, GRT3S and SOL3S are lower than 0.05 USDT respectively, they trigger the Share Merging Mechanism. As such, MXC will merge the shares of ZEN3S, YFI3S, GRT3S and SOL3S at 12:30 (UTC+8) on January 18.
The 10 shares of ZEN3S, YFI3S, GRT3S and SOL3S will be merged into 1 share respectively. Consequently, the net value per share of ZEN3S, YFI3S, GRT3S and SOL3S 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.