Since the net value of leveraged ETF ETH3S and BCH3S is lower than 0.1USDT, it triggers the Share Merging Mechanism. As such, we have completed the merger of ETH3S and BCH3S shares respectively at 17:00 (UTC+8) on August 4, 2020.
The 10 shares of ETH3S and BCH3S will be merged into 1 share respectively. Consequently, the net value per share of ETH3S and BCH3S 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.
Introduction of leveraged ETF：https://citex.zendesk.com/hc/en-us/articles/360040112351-Introduction-of-leveraged-ETF
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CITEX team
August 4, 2020