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GateUser-1dffa42a

2025-02-19 19:19:12

#XRP5L Can someone explain why it's called 5x ETF but not 5x?

XRP-0.07%

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SmallBerry

· 2025-02-19 19:22

Dear user, the essence of ETF is Futures Trading, which tracks the ups and downs of the contract market. In addition, ETF involves Position adjustments. When there are changes in the underlying Position, there may be mismatched fluctuations. The platform will rebalance irregularly and periodically. In cases of excessive fluctuations or at 00:00 daily, leverage multiples will be fixed back to 3x or 5x. For more information on the ups and downs of various ETF products, please refer to the following link: https://www.gate.ac/zh/help/trade/leverage_tokens/17369/guide-to-leveraged-etf-products-chapter-ii

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