Announcement on shares merger of BCH3L ETF


Dear users,

WISEBITCOIN has anticipated huge market volatility for the past 24 hours.

WISEBITCOIN will conduct a merger of ETF shares without affecting users' experience.

As the net value of BCH3L have fallen to below 0.050 USDT, WISEBITCOIN shares merger mechanism was activated.

We will conduct the said merge of BCH3L ETF shares at 6:00, 18th June 2021 (UTC+8).

This will affect the number of ETF positions and its unit net value but the total value of position will not change.

The net value of the position may fluctuate during the shares merger period.


The specific rules are as follows:
1) The ratio of BCH3L ETF shares merger is 20:1. Users' holding will be reduced by 1/20 based on the last available amount while the net value per unit will increase by 20 times;
2) Before the shares merger, trading of BCH3L will be suspended and all pending orders will be cancelled;
3) Trading of BCH3L will resume after the shares merger is completed. Please note that when trading resumes, the market price may change significantly based on the new net value of the unit. Please be cautious of any price changes while placing an order;
4) After the shares are merged, K-line may change due to price changes.


Risk Disclaimer
Digital Asset Trading can be a challenging and potentially profitable opportunity for investors. Users are strongly encouraged to carefully consider their investment objectives, level of experience, and risk appetite.