Binance will adjust BITOUSDT for BITO’s 1:2 reverse split
What happened and when: On November 10, 2026, at 02:30 UTC, Binance published a notice about the BITOUSDT perpetual contract. The adjustment is scheduled for November 19, not today.
What’s changing: ProShares Bitcoin ETF (BITO), the underlying asset of the TradFi perpetual contract, will undergo a reverse split at a 1:2 ratio before the market opens. Every two shares will become one, and the price will adjust proportionally. ProShares says the split, by itself, does not change the total economic value. Binance has set a 0.5 factor for BITOUSDT.
Announced schedule, in UTC:
• 00:45: linked bots will be terminated and their positions closed.
• 01:00–03:25: halt; orders will be canceled, and trading, liquidations, funding, and indices will be suspended.
• 03:25–03:30: cancel-only; only post-only orders will be allowed.
• 03:30: trading resumes with Last Price Protected (LPP), expected to remain in effect until 14:30.
The notice adds that open positions will be closed first, unrealized PNL will be settled, and, in isolated mode, PNL and margin will be transferred to Cross Margin before new positions are restored. Bots will not be reinstalled. The key risk is operational: orders, automations, and contract size may behave differently during the window.
Market snapshot (not a signal): At 21:26:41 UTC, the public API showed BITOUSDT at 9,84000 USDT (-1,304% over 24 hours; volume 188.025,74 USDT); BTCUSDT at 73.900,70 USDT (-1,288%) and ETHUSDT at 2.058,75 USDT (-3,325%). This is a snapshot, not a prediction: the reverse split is mechanical.
Before November 19, check the current specification, exchangeInfo, and how the halt may affect any position or bot. Binance clarifies that these perpetual contracts are not sponsored by the ETF issuer. Educational content, not financial advice.
$BITO $BTC $ETH
Educational Content. Not financial advice.
#BinanceFutures #BITO #TradFi #ETFs #EducacionCrypto
What happened and when: On November 10, 2026, at 02:30 UTC, Binance published a notice about the BITOUSDT perpetual contract. The adjustment is scheduled for November 19, not today.
What’s changing: ProShares Bitcoin ETF (BITO), the underlying asset of the TradFi perpetual contract, will undergo a reverse split at a 1:2 ratio before the market opens. Every two shares will become one, and the price will adjust proportionally. ProShares says the split, by itself, does not change the total economic value. Binance has set a 0.5 factor for BITOUSDT.
Announced schedule, in UTC:
• 00:45: linked bots will be terminated and their positions closed.
• 01:00–03:25: halt; orders will be canceled, and trading, liquidations, funding, and indices will be suspended.
• 03:25–03:30: cancel-only; only post-only orders will be allowed.
• 03:30: trading resumes with Last Price Protected (LPP), expected to remain in effect until 14:30.
The notice adds that open positions will be closed first, unrealized PNL will be settled, and, in isolated mode, PNL and margin will be transferred to Cross Margin before new positions are restored. Bots will not be reinstalled. The key risk is operational: orders, automations, and contract size may behave differently during the window.
Market snapshot (not a signal): At 21:26:41 UTC, the public API showed BITOUSDT at 9,84000 USDT (-1,304% over 24 hours; volume 188.025,74 USDT); BTCUSDT at 73.900,70 USDT (-1,288%) and ETHUSDT at 2.058,75 USDT (-3,325%). This is a snapshot, not a prediction: the reverse split is mechanical.
Before November 19, check the current specification, exchangeInfo, and how the halt may affect any position or bot. Binance clarifies that these perpetual contracts are not sponsored by the ETF issuer. Educational content, not financial advice.
$BITO $BTC $ETH
Educational Content. Not financial advice.
#BinanceFutures #BITO #TradFi #ETFs #EducacionCrypto
