T-REX 2X XRP and 2X SOL Daily Target ETFs Set to Liquidate
April 22, 2026
Commonwealth Fund Services, Inc. (“CFS”) has recently announced that the T-REX 2X XRP Daily Target ETF and T-REX 2X SOL Daily Target ETF will be liquidated. The decision to dissolve, terminate, and liquidate the funds was made by the Board of Trustees of the ETF Opportunities Trust, which oversees the Trust where the funds are held. The investment adviser, Tuttle Capital Management, LLC, recommended the plan due to limited prospects for future asset growth, ongoing operational costs, and a desire to stop subsidizing expenses.
Both 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) will cease trading on the Cboe BZX Exchange and will stop accepting purchases by investors on May 4, 2026. Shareholders are encouraged to sell their shares in the funds before the Closing Date. Following the closure, shareholders may receive a portion of the funds’ net assets distributed in cash or cash equivalents on the Liquidation Date, which is set for May 11, 2026. It should be noted that shareholders may experience capital gains or losses as a result of the liquidation or sale of their fund shares, and they are advised to consult with their tax adviser regarding the tax implications.
The Adviser will begin liquidating the portfolios of the funds before the Closing Date, resulting in increased cash holdings and deviations from the investment objectives. During this process, expenses related to brokerage, transaction costs, and other extraordinary expenses will be covered by the funds and their shareholders. Once the liquidation is complete, the funds will be terminated.
ETF Opportunities Trust is a Delaware statutory trust registered under the Investment Company Act of 1940, offering open-end management investment company services. REX Shares, LLC (“REX”) is an ETF provider that focuses on alternative-strategy ETFs and ETNs, while Tuttle Capital Management, LLC (“TCM”) manages thematic ETFs with unique exposures. These entities have worked in conjunction with the funds to ensure an orderly liquidation process.
Investors considering the T-REX 2X XRP Daily Target ETF and T-REX 2X SOL Daily Target ETF should carefully review the funds’ investment objectives, risks, charges, and expenses before investing. More information can be found in the fund’s prospectus or by visiting the fund’s website. For further details, investors can contact the T-REX toll-free number at (833) 759-6110. The funds are distributed by Foreside Fund Services, LLC.
In conclusion, the decision to liquidate the T-REX 2X XRP Daily Target ETF and T-REX 2X SOL Daily Target ETF was made in the best interest of the funds and their shareholders. The process will be executed efficiently, with the distribution of remaining assets to shareholders promptly after the Liquidation Date, ensuring a smooth and orderly conclusion for all parties involved.
