Tuttle Capital and REX Shares will liquidate the T-REX 2X Long PAAS Daily Target ETF (PAAU) after its board approved a plan to close the fund, citing limited asset growth prospects, ongoing operating costs, and the adviser's decision to stop subsidizing expenses. The ETF will stop accepting new investments and delist after the market closes on July 10, with liquidation expected on or about July 20, 2026. As assets are sold ahead of the liquidation, the fund may hold more cash and no longer meet its stated investment objective.
Source: SEC Filings
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