RICHMOND, VA / ACCESS Newswire / June 29, 2026 / Commonwealth Fund Services, Inc. ("CFS"), Administrator to ETF Opportunities Trust, has announced today that the Board of Trustees of ETF Opportunities Trust (the "Trust") has approved a Plan of Liquidation (the "Plan") for the T-REX 2X LONG PAAS DAILY TARGET ETF (Cboe: PAAU) (the "Fund") based on the recommendation of the Fund's investment adviser Tuttle Capital Management (the "Adviser").
The Adviser recommended that the Board approve the Plan of Liquidation based on the Fund's limited prospects for meaningful asset growth, the ongoing operational costs associated with managing the Fund, and the Adviser's decision to discontinue subsidizing the Fund's expenses. After considering these factors, the Board of Trustees determined that liquidating and closing the Fund is in the best interests of the Fund and its shareholders.
The Fund will cease trading on the Cboe BZX Exchange, Inc. and be closed to purchases by investors as of the close of regular trading on July 10, 2026 (the "Closing Date"). The Fund will not accept purchase orders after the Closing Date. Shareholders may sell their shares in the Fund through the Closing Date, and customary brokerage charges may apply to these transactions. The Fund cannot assure shareholders that there will be a market for their Fund shares after the Closing Date. The Fund is expected to liquidate July 20, 2026 (the "Liquidation Date").
