#United States #Greenwich #Leverage Shares #Themes ETFs #ETF Liquidation

Leverage Shares Closes 13 ETFs

In a significant move, the Themes ETF Trust, under the Board of Trustees, has decided to liquidate a total of thirteen Exchange-Traded Funds (ETFs) due to their inability to attract adequate investment assets. This decision, announced on October 9, 2026, highlights the challenges faced by the asset management firm in maintaining these funds amid a competitive market landscape.

The funds targeted for closure include:

• - GLGG: Leverage Shares 2X Long GLXY Daily ETF
• - BLSG: Leverage Shares 2X Long BLSH Daily ETF
• - GEMG: Leverage Shares 2X Long GEMI Daily ETF
• - NUG: Leverage Shares 2X Long NU Daily ETF
• - NEMG: Leverage Shares 2X Long NEM Daily ETF
• - OPEG: Leverage Shares 2X Long OPEN Daily ETF
• - PBRG: Leverage Shares 2X Long PBR Daily ETF
• - VALG: Leverage Shares 2X Long VALE Daily ETF
• - ALBG: Leverage Shares 2X Long ALB Daily ETF
• - UECG: Leverage Shares 2X Long UEC Daily ETF
• - FCXG: Leverage Shares 2X Long FCX Daily ETF
• - CRMU: Leverage Shares 2X Long CRML Daily ETF
• - HONG: Leverage Shares 2X Long HON Daily ETF (Cboe)

These ETFs will cease trading on Nasdaq and Cboe at market close on October 19, 2026. As the closure date approaches, investors are urged to sell their shares to avoid any potential liquidity issues. The Funds will not accept new purchase orders after October 16, 2026.

Following the liquidation, the funds will manage their assets by increasing cash holdings and reducing exposure to existing investments. They will no longer pursue their stated investment objectives, deviating from their principal strategies. Subsequently, around the liquidation date, each fund will liquidate its assets and distribute cash to shareholders who haven’t sold their holdings prior to that.

shareholders should keep in mind that the liquidating distributions will also factor in accrued capital gains and dividends, which will be taxable events. As the liquidation proceeds, the funds will terminate, and no dividends will be paid beforehand.

This closure reflects broader trends in the ETF market, where performance and asset acquisition are critical. Market watchers note that numerous factors contribute to an ETF's success, including investor interest, performance metrics, and market conditions. The decision to liquidate these funds may serve as a wake-up call for investors and fund managers alike about the volatility and unpredictability inherent in ETF investing.

Themes ETFs was established in 2023 by Leverage Shares' co-founders to provide thematic investment opportunities in the U.S. market. The company aims at delivering focused exposure through low-cost ETFs, although this does not always ensure profitable outcomes for investors. As the financial landscape evolves, managing risks becomes paramount for ETFs and their stakeholders.

In conclusion, while the liquidation of these thirteen ETFs represents a significant shift for Leverage Shares and its stakeholders, it serves as a reminder of the inherent risks involved in the investment sector. Investors must remain vigilant and informed as they navigate the multifaceted landscape of ETFs and other investment vehicles.

For more information, investors can visit the Leverage Shares website.