BlackRock has approved the closure and liquidation of the iShares Interest Rate Hedged U.S. Aggregate Bond ETF (AGRH) and the iShares Future Metaverse Tech and Communications ETF (IVRS). Both funds will stop accepting creations and redemptions after August 12, 2026, with trading halted on August 13 and liquidation proceeds expected around August 17. As the funds prepare for liquidation, they may hold elevated cash positions and deviate from their stated investment strategies before remaining shareholders receive final cash distributions based on net asset value.