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Dune

#SHIB5L How is this possible? When there were 50000, it dropped to 300. Counting quantity.

SHIB5L6.14%
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XiaoYi
· 2024-07-04 10:49
Hello, Gate.io ETF products are traded 24/7 and the market fluctuates greatly. In order to minimize the impact on the market and without affecting the user experience, we will merge or split ETF shares based on the principle of minimizing the number of operations. Currently, the unit price of multiple ETF products is too low, which affects the convenience of trading and price accuracy. To improve the trading experience of ETF products, we will merge the shares of multiple ETF products around 14:00 PM (UTC+8) on July 4, 2024. This will affect the quantity of ETF holdings and the net asset value per unit for users, but it will not affect the total value of user holdings (excluding changes in net asset value due to fluctuations in the underlying asset price during the operation). The SHIB5L product shares will be merged at a ratio of 100:1, and the user's holdings will be reduced to 1/100 of the previous amount, while the net asset value per unit will increase by 100 times. This is an announcement for your reference. https://www.gate.io/en/announcements/article/37601
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