RICHMOND, VA / ACCESS Newswire / April 21, 2026 / Commonwealth Fund Services, Inc. (“CFS”), Administrator to the ETF Opportunities Trust, has announced today that the Board of Trustees of ETF Opportunities Trust (the “Trust”) has approved a Plan of Dissolution, Termination, and Liquidation (the “Plan”) for the T-REX 2X XRP Daily Target ETF (Cboe BZX Exchange, Inc: XRPK) and T-REX 2X SOL Daily Target ETF (Cboe BZX Exchange, Inc: SOLX) (the “Funds”) based on the recommendation of the Funds’ investment adviser, Tuttle Capital Management, LLC (the “Adviser”). The Adviser recommended that the Board approve the Plan due to the Funds’ limited prospect for meaningful future asset growth, the ongoing operational costs associated with managing the Funds and the Adviser’s desire to no longer subsidize expenses. As a result, the Board of Trustees concluded that liquidating and closing the Fund would be in the best interest of the Funds and its shareholders.
The Funds will cease trading on the Cboe BZX Exchange, Inc and will be closed to purchases by investors as of the close of regular trading on May 4, 2026 (the “Closing Date”). The Funds will not accept purchase orders after the Closing Date. Shareholders may sell their shares in the Funds through the Closing Date, and customary brokerage charges may apply to these transactions. The Funds cannot assure shareholders that there will be a market for their Fund shares after the Closing Date. The Funds are expected to liquidate May 11, 2026 (the “Liquidation Date”).
On or about the Liquidation Date, the Funds expect to distribute cash in an amount equal to each shareholder’s proportionate interest in the net assets of the Funds to all shareholders of record who have not previously redeemed or sold their shares, after the payment of certain Fund liabilities as provided for in the Plan. Fund shares may also be distributed in connection with the liquidation in cash equivalents or in-kind, under the Plan. A shareholder’s liquidating distribution, if applicable, may be an amount that is greater or less than the amount the shareholder might have received upon the sale of their shares through a broker prior to the Liquidation Date. The sale or liquidation of Fund shares will generally be treated as a taxable event giving rise to a capital gain or loss depending on a shareholder’s tax basis. Shareholders should contact their tax adviser to discuss the income tax consequences of the sale or liquidation of Fund shares. Once the distributions are complete, the Funds will terminate.…