HomiEx 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.
For ETF Product Upgrade and lowering of trading fee, please refer to: https://homiex.zendesk.com/hc/en-us/articles/360062574293
Risk Warning: Investing in cryptocurrency is akin to be a venture capital investor. The cryptocurrency market is available worldwide 24 x 7 for trading with no market close or open times. Please do your own risk assessment when deciding how to invest in cryptocurrency and blockchain technology. HomiEx attempts to screen all tokens before they come to market, however, even with the best due diligence, there are still risks when investing. HomiEx is not liable for investment gains or losses.