Binance to Adjust BITOUSDT Perpetual Contract Quantity on November 19, with an Adjustment Factor of 0.5

November 10: Binance Futures announced that, because the underlying asset of the BITOUSDT perpetual contract, the ProShares Bitcoin ETF (BITO), will undergo a 1-for-0.5 reverse stock split, Binance will adjust the contract quantity of the BITOUSDT USDT-margined perpetual contract at 09:00 Beijing time on November 19, 2026, with completion expected at 11:30. The adjustment factor is 0.5. After the adjustment is completed, the contract will enter a cancel-only phase lasting up to 5 minutes.