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.
Prior to the Closing Date, the Funds’ Adviser will be in the process of liquidating of the Funds’ portfolios, which will result in the Funds increasing their cash holdings and deviating from their investment objectives and other investment policies during the period between May 4, 2026, and the Liquidation Date. The liquidation of the Funds’ portfolios may result in brokerage and transaction costs, which will be borne by the Funds and their shareholders. In addition, the Funds will bear all other expenses incurred in connection with carrying out the liquidation as these expenses have been deemed extraordinary expense items.
ABOUT ETF OPPORTUNITIES TRUST
ETF Opportunities Trust is a Delaware statutory trust which was organized on March 18, 2019, and is registered under the Investment Company Act of 1940, as amended, as an open-end management investment company. The Fund is a series of the Trust.
About REX Shares, LLC (“REX”):
REX is an innovative ETF provider that specializes in alternative-strategy ETFs and ETNs. The firm created the MicroSectors™ and co-created the T-REX product lines of leveraged & inverse tools for traders and recently launched the first of a series of option-based income strategies. The firm is rooted in decades of experience building inventive solutions that solve for a range of specific challenges in investor and trader portfolios. www.rexshares.com
About Tuttle Capital Management, LLC (“TCM”):
TCM is a registered investment adviser and an industry leader in managing thematic ETFs that offer first of their kind of exposures. Please visit www.tuttlecap.com for more information.
T-REX toll free number: (833) 759-6110
Investors should consider the Funds’ investment objectives, risks, charges and expenses carefully before investing. For a prospectus with this and other information about the Fund, please call 1-833-759-6110 or visit the fund’s website at https://www.rexshares.com.
The Funds are distributed by Foreside Fund Services, LLC
SOURCE: Commonwealth Fund Services, Inc.,
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