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

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.

Heavily Traded ETFs
SPDR S&P 500 - SPY
Invesco QQQ
Vanguard S&P 500 - VOO
Vanguard Total Market - VTI
Energy Select Sector - XLE

BlackRock Introduces TIPS ETF Suite to iShares iBonds Lineup

BlackRock, a global investment management corporation, has expanded its iShares iBonds ETF offerings with the introduction of the...

Grayscale Takes a Bold Step with Ethereum Futures ETF Filing

Grayscale Investments, a leading crypto asset management firm, has submitted a filing for a new ETF focused on...

SEC Under Scrutiny Over U.S. Spot Bitcoin ETFs Decision

The U.S. Securities and Exchange Commission (SEC) faces criticism from a U.S. appeals court over its decision-making process...

Grayscale Continues Efforts To Launch Ethereum ETF

Grayscale Investments, a subsidiary of the Digital Currency Group (DCG), is making significant strides by applying for an...