Why xrp5l went up but the money is still the same. can someone explain

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XiaoYi

· 2023-08-30 14:48

Hello, Gate.io ETF products are traded 24/7 and the market fluctuates greatly. In line with the principle of minimal impact on the market and without affecting the user experience, we merge or split ETF shares based on the principle of minimizing the number of times. At present, the unit prices of many ETF products are too low, which affects transaction convenience and price accuracy. In order to improve the ETF product trading experience, we will conduct inspections on multiple ETF products near 14:00PM (UTC+8) on August 30, 2023. The share merging operation will affect the user's ETF holding quantity and unit net value, but will not affect the total value of the user's holdings (regardless of changes in net value caused by underlying price fluctuations during the operation). This is an announcement for you to take a look at. https://www.gate.io/zh/article/31917

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Smarty-Pants

· 2023-08-30 14:46

ok, if they have 20 thousand, they burned them, so the price increased, so they gave pieces in return for the number, the increase was not normal, it increased as a result of burning.

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TheContractIsToxic.

· 2023-08-30 14:41

How could the money be the same? Isn't there a lot of bills?

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Smarty-Pants

· 2023-08-30 14:40

They burned

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