diff --git a/Tests/Operators/AsyncMulticastSequenceTests.swift b/Tests/Operators/AsyncMulticastSequenceTests.swift
index 8693e11..c94bd39 100644
--- a/Tests/Operators/AsyncMulticastSequenceTests.swift
+++ b/Tests/Operators/AsyncMulticastSequenceTests.swift
@@ -5,7 +5,7 @@
 //  Created by Thibault Wittemberg on 21/02/2022.
 //
 
-import AsyncExtensions
+@testable import AsyncExtensions
 import XCTest
 
 private class SpyAsyncSequenceForNumberOfIterators<Element>: AsyncSequence {
@@ -39,7 +39,142 @@ private class SpyAsyncSequenceForNumberOfIterators<Element>: AsyncSequence {
   }
 }
 
+/// An upstream the test feeds by hand; `demanded` fires each time a consumer enters `next()`.
+private struct GatedUpstream: AsyncSequence, Sendable {
+  typealias Element = Int
+
+  let stream: AsyncThrowingStream<Int, Error>
+  let demanded: @Sendable () -> Void
+
+  func makeAsyncIterator() -> Iterator {
+    Iterator(base: self.stream.makeAsyncIterator(), demanded: self.demanded)
+  }
+
+  struct Iterator: AsyncIteratorProtocol, @unchecked Sendable {
+    var base: AsyncThrowingStream<Int, Error>.Iterator
+    let demanded: @Sendable () -> Void
+
+    mutating func next() async throws -> Int? {
+      self.demanded()
+      return try await self.base.next()
+    }
+  }
+}
+
+private enum SubscriberExit {
+  case cancelTask
+  case releaseIterator
+}
+
 final class AsyncMulticastSequenceTests: XCTestCase {
+  func test_cancelling_one_subscriber_task_keeps_upstream_for_the_other_when_connected() async {
+    await self.assertSurvivingSubscriberCompletes(autoconnect: false, exit: .cancelTask)
+  }
+
+  func test_cancelling_one_subscriber_task_keeps_upstream_for_the_other_when_autoconnected() async {
+    await self.assertSurvivingSubscriberCompletes(autoconnect: true, exit: .cancelTask)
+  }
+
+  func test_releasing_one_subscriber_iterator_keeps_upstream_for_the_other_when_connected() async {
+    await self.assertSurvivingSubscriberCompletes(autoconnect: false, exit: .releaseIterator)
+  }
+
+  func test_releasing_one_subscriber_iterator_keeps_upstream_for_the_other_when_autoconnected() async {
+    await self.assertSurvivingSubscriberCompletes(autoconnect: true, exit: .releaseIterator)
+  }
+
+  /// Subscriber A is the one pulling on the shared upstream when it leaves; subscriber B, already
+  /// registered and waiting on the subject, must still receive every element and finish normally.
+  private func assertSurvivingSubscriberCompletes(autoconnect: Bool, exit: SubscriberExit) async {
+    let (stream, continuation) = AsyncThrowingStream<Int, Error>.makeStream()
+    let demanded = expectation(description: "A consumer is awaiting the upstream")
+    demanded.assertForOverFulfill = false
+    let upstream = GatedUpstream(stream: stream) { demanded.fulfill() }
+
+    let subject = AsyncThrowingPassthroughSubject<Int, Error>()
+    let multicasted = upstream.multicast(subject)
+    let sut = autoconnect ? multicasted.autoconnect() : multicasted
+    let subscriberCount = { subject.state.withCriticalRegion { $0.channels.count } }
+
+    // B registers with the subject before any element flows.
+    let iteratorB = sut.makeAsyncIterator()
+
+    let aHasLeft = expectation(description: "Subscriber A has left")
+    let bHasFinished = expectation(description: "Subscriber B has finished")
+
+    // A's iterator exists only inside this task, so no copy of it outlives A.
+    let taskA = Task { () throws -> [Int] in
+      defer { aHasLeft.fulfill() }
+      var iterator = sut.makeAsyncIterator()
+      var received = [Int]()
+      switch exit {
+        case .cancelTask:
+          while let element = try await iterator.next() {
+            received.append(element)
+          }
+        case .releaseIterator:
+          if let element = try await iterator.next() {
+            received.append(element)
+          }
+      }
+      return received
+    }
+
+    if !autoconnect {
+      sut.connect()
+    }
+
+    // A is now inside the upstream's next(); only then does B ask for elements, so A is the puller.
+    await fulfillment(of: [demanded], timeout: 1)
+    XCTAssertEqual(subscriberCount(), 2)
+
+    let taskB = Task { () throws -> [Int] in
+      defer { bHasFinished.fulfill() }
+      var iterator = iteratorB
+      var received = [Int]()
+      while let element = try await iterator.next() {
+        received.append(element)
+      }
+      return received
+    }
+
+    let expectedForA: [Int]
+    switch exit {
+      case .cancelTask:
+        // A must finish while upstream is silent; any element sent now could wake it.
+        taskA.cancel()
+        expectedForA = []
+      case .releaseIterator:
+        continuation.yield(1)
+        expectedForA = [1]
+    }
+    await fulfillment(of: [aHasLeft], timeout: 1)
+    XCTAssertEqual(subscriberCount(), 1, "Subscriber A is still registered with the subject")
+
+    if exit == .cancelTask {
+      continuation.yield(1)
+    }
+    continuation.yield(2)
+    continuation.yield(3)
+    continuation.finish()
+
+    await fulfillment(of: [bHasFinished], timeout: 1)
+    taskB.cancel()
+    // A's result was settled when it left, before any of these elements were sent.
+    do {
+      let received = try await taskA.value
+      XCTAssertEqual(received, expectedForA)
+    } catch {
+      XCTFail("Subscriber A should leave without an error, got \(error)")
+    }
+    do {
+      let received = try await taskB.value
+      XCTAssertEqual(received, [1, 2, 3])
+    } catch {
+      XCTFail("Subscriber B should finish normally, got \(error)")
+    }
+  }
+
   func test_concurrent_consumers_receive_all_elements_in_order_before_finish() async {
     await assertConcurrentDelivery()
   }