Jubi will conduct the settlement and rebalance on 4 ETFs at 12:00, 1 February 2021 (UTC+8). Traders who are holding a position on BTC3L, BTC3S, BTC3S and/or ETH3S will receive an automatic conversion of his/her position to USDT based on the net value at 12:00, 1 February 2021 (UTC+8).
Please refer to the procedure for settlement and rebalance below:
Trading Suspension: 12:00, 1 February 2021(UTC+8)
Settlement time: 12:00-14:00, 1 February 2021(UTC+8)
Rebalance time: 18:00, 1 February 2021 (UTC+8)
To avoid any price volatility, we suggest all ETF traders to close his/her positions before the settlement. All pending orders will automatically be cancelled and closed by the system at 12:00, 1 February 2021.
The procedure for rebalancing is expected to begin at 18:00, 1 February 2021 (UTC+8). No further announcements will be published.
The name and trading pair for new ETF products will remain the same after the rebalance.
Thank you for your support!
Jan 30th, 2021
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