#LTC5L was harmonized by the backend. What's going on?

LTC5L-2.65%
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SmallBerry
· 2024-08-07 12:40
Dear user, at present, the unit price of multiple ETF products is too low, which affects the trading convenience and price accuracy. In order to improve the trading experience of ETF products, we will conduct a consolidation of shares for multiple ETF products around 14:00 PM (UTC+8) on August 7, 2024. This will affect the ETF Holdings quantity and unit net value of users, but will not affect the total value of user Holdings (excluding the net value changes caused by Fluctuation of the underlying price during the operation period). The LTC5L product shares will be consolidated at a ratio of 100:1, and the user Holdings quantity will be reduced to 1/100 of the previous amount, while the unit net value will rise 100 times. https://www.gate.io/en/announcements/article/38387
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