xETFs to Liquidate TSLA Daily Income ETF (TYYY) in November
xETFs will close and liquidate the xETFs TSLA Daily Income ETF (TYYY) following approval from the Board of Trustees of Exchange Listed Funds Trust. The fund…
Tradr will liquidate two leveraged ETFs linked to South Korean semiconductor manufacturer SK hynix following approval by the funds' board of trustees. The affected funds are the Tradr 2X Long SK hynix Daily ETF (SKHA) and Tradr 2X Short SK hynix Daily ETF (SKHN), which seek twice the daily positive and inverse performance of SK hynix, respectively. Both ETFs will cease trading on the Cboe BZX Exchange after November 5, 2026, with liquidation scheduled for approximately November 12. Shareholders remaining in the funds on the liquidation date will receive cash distributions based on net asset value, potentially triggering taxable gains or losses. Ahead of closure, adviser AXS Investments may shift holdings into cash or other liquid assets, meaning the funds may no longer follow their stated investment strategies.
Source: SEC Filings
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