#XRP5S anyone can explain i haved 157.000 now i have 15 xrp5s

XRP0,21%
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Yunxivip
· 2024-12-13 16:21
Dear user, hello, Gate.io ETF products are traded 24/7, and the market fluctuation is relatively large. 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. In order to improve the trading experience of ETF products, we will merge the shares of multiple ETF products around 14:00 PM on December 13, 2024 (UTC+8), which will affect the ETF holdings and NAV of users, but will not affect the total value of holdings (excluding the net value changes caused by price fluctuations during the operation period). The specific operation rules are as follows: XRP5S product shares will be merged at a ratio of 10000:1, and the user's holdings will be reduced to 1/10000 of the previous amount, and the NAV will rise by 10000 times. This is an announcement. You can take a look: https://www.gateio24.com/en/announcements/art
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