1、What is ETF product merged?
In order to provide users with a better experience, when the net value of ETF products is low, product shares will be combined according to a specific ratio. When merging shares, the number of products held will be reduced to the corresponding multiple, and the corresponding product net value will increase to the corresponding multiple at the same time.
Example: The BTC6S product is 100 times merged, the net value before the merging is 0.01 USDT, the account holds 500,000 BTC6S, and the corresponding position value is 5,000 USDT. After the 100-fold merger, the number of positions will be consolidated from 500,000 to 5,000 BTC6S, the net value of the product will increase from 0.01 USDT to 1 USDT, and the account holding value will remain at 5,000 USDT.
2、Why does the equivalent value of the assets decrease after the merged?
When ETF products are merged, the number of currencies and the net value of the product change by the corresponding multiple, and the value of the account position remains unchanged. However, the changes in the number of products and the net value are completed at the time of merging. During the period from the product merging to the reopening of trading, the net value of ETF products is still anchored to the fluctuation of spot value, so the net value will rise or fall during the closing of trading.
3、How long does the merged take?
There is no fixed cycle for ETF product merged, which is determined by the actual net value of the product. When the net value of ETF products is low, product merged will be carried out to provide better token liquidity and user experience.
4、How to know the product merged information?
Users will be notified through announcements before ETF products are merged. Please pay attention to the relevant announcements on the platform in a timely manner.