EA Series Trust To Liquidate Two ETFs Due To Lack Of Interest

Share post:

The ETF issuer EA Series Trust has just announced that the Merlyn.AI Tactical Growth and Income ETF (SNUG) and the Merlyn.AI Best-of-Breed Core Momentum ETF (BOB) will be liquidating and shutting down. According to EA Series Trust, the closure comes as the funds were unable to attract client investments effectively. The EA Series Trust’s Board of Trustees concluded the closing the two funds would be in the best interest of investors and themselves.

ETF Newz Says:

BOB will no longer be available on the CBOE BZX Exchange and the same for SNUG on the Nasdaq, effective November 18, 2022.

Related

Maintain Your Horses! A Space Bitcoin ETF May perhaps well also Already Be Priced into Crypto.

There is a growing belief that the recent price surge in bitcoin could already factor in the potential approval of a spot Bitcoin ETF- a pivotal strategic investment move that holds significant influence in the crypto market. Investors and financial enthusiasts alike are keenly awaiting regulatory approval, a decision that could potentially catalyze the future growth trajectory of bitcoin prices. This speculation underscores not only the potential value that bitcoin holds as a digital asset but also the evolving role of institutional reactiveness in the cryptocurrency landscape.

Tim Draper’s Bold Prediction: Bitcoin (BTC) Price Set to Skyrocket to $250K!

In the world of finance, Bitcoin is increasingly recognized as a transformative force. With the potential to challenge...

Bitcoin ETF: Navigating the Perils of SEC Rejection and Fierce Opposition from Funds

A recent court order has directed the Securities and Exchange Commission (SEC) to reconsider its denial of Grayscale's...

Nike’s Shocking 10% Plunge: Sales Outlook Slashed

Nike, a leading athletic apparel⁢ company, ⁣recently announced plans to reduce costs by $2 ‍billion over the next...