Dear Respected Hotbit Users,
Based on the feedback and suggestions we have received from various users in our communities, according to the models regarding the designs of similar products available on the market, after the completion of Hotbit website maintenanc at 08: 00 AM UTC on February 4th, 2021, Hotbit will no longer charge any management fee on its leveraged ETF products, which means that all management fee of all Hotbit’s ETF products will be adjusted to 0%. The management fee and hedging cost will be displayed separately.
After the management fee is reduced to 0%, Hotbit will charge certain fees on a daily basis to cover various costs such as the transactions fees generated from the fund portfolio, which will be reflected in relevant net values by 02:00 AM UTC everyday.
Hotbit sincerely welcomes all our users to experience the wonderful trading experience!
February 3rd, 2021
About us ：
Hotbit’s Official Website： https://www.hotbit.io/
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