Hotcoin Will Delist and Relist BITOUSDT Perpetual Futures Following BITO 1-for-2 Reverse Split

Dear Hotcoiners,

ProShares Bitcoin ETF (BITO), the underlying asset of the BITOUSDT perpetual futures contract, will undergo a 1-for-2 reverse split, in which every two existing shares will be consolidated into one new share. To reflect this adjustment, Hotcoin will delist and relist the BITOUSDT USDT-Margined Perpetual Futures contract according to the following schedule:

Contract: BITOUSDT USDT-Margined Perpetual Futures

Suspension of New Position Openings: 2026-11-18 16:30 (UTC+8)

Position Liquidation: 2026-11-18 16:45 (UTC+8)

Delisting: 2026-11-18 17:00 (UTC+8)

Relisting: 2026-11-19 12:00 (UTC+8)

At the scheduled liquidation time, Hotcoin will liquidate all open positions in the contract at a reasonable price. All unfilled orders will be canceled upon delisting. Existing positions will not be automatically carried over to the relisted contract. Users are advised to close their positions and cancel any open orders in advance to manage risk.

Upon relisting, the contract size and price basis will be adjusted accordingly. Please do not judge price movements by directly comparing prices before and after the adjustment. A reverse split theoretically increases the per-share price of the underlying asset, but actual trading prices remain subject to market fluctuations. Note that the adjusted contract size is not determined by the reverse split ratio alone.

Please plan your trades accordingly and review the adjusted contract specifications and prices before you resume trading.

Thank you for your continued support and trust in Hotcoin.

Hotcoin Team

November 10, 2026