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# GMT3L
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SmallBerry:
Dear users, Gate.io ETF products are traded 7x24 hours a day, and the market Fluctuation is large, in line with the principle of minimum impact on the market, without affecting the user experience, we merge or split the ETF shares according to the principle of minimum number of times. ETF long In order to improve the trading experience of ETF products, we will merge the shares of long ETF products near 14:00PM (UTC+8) on April 16, 2024, which will affect the number of users' ETF Holdings and the net value of units, but will not affect the total value of users' Holdings (regardless of the change in net value caused by the underlying price Fluctuation during the operation). The specific operation rules are as follows: the share of DOT5L products will be merged according to 1000:1, the user's open interest will be reduced to 1/1000 of the previous one, and the unit net value will rise by 1000 times. This is the announcement, you can take a look at it: https://www.gate.io/zh/article/35911:- Reward
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