Leverage Shares to Close 13 Single-Stock 2X ETFs in October

Leverage Shares will liquidate 13 leveraged single-stock ETFs following a recommendation from adviser Themes Management Company. The affected funds provide 2X daily exposure to Nu Holdings (NUG), Opendoor (OPEG), Petrobras (PBRG), Vale (VALG), Newmont (NEMG), Honeywell (HONG), Gemini (GEMG), Critical Metals (CRMU), Freeport-McMoRan (FCXG), Uranium Energy (UECG), Bullish (BLSG), Galaxy Digital (GLGG) and Albemarle (ALBG). The ETFs will stop accepting creation orders after October 16 and cease trading after market close on October 19. Shareholders who do not sell before trading ends are expected to receive cash based on each fund’s net asset value on or around the October 22 liquidation date.