Tidal ETF Trust Shares Of The Fund Will Cease Trading On The NYSE Arca, Inc. And Will Be Closed To Purchase By Investors As Of The Close Of Regular Trading On The NYSE On June 26, 2023. The Fund Will Not Accept Purchase Orders After The Closing Date.
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Tidal ETF Trust will cease trading on the NYSE Arca and close to purchase by investors on June 26, 2023. The fund will not accept purchase orders after the closing date. The decision was made due to the fund's inability to attract sufficient investment assets to maintain a competitive operating structure.
June 02, 2023 | 8:18 pm
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Tidal ETF Trust (ORFN) will cease trading on the NYSE Arca and close to purchase by investors on June 26, 2023, due to insufficient investment assets.
The fund will cease trading and close to purchase by investors due to its inability to attract sufficient investment assets to maintain a competitive operating structure. This will negatively impact the stock price in the short term as investors may sell their holdings prior to the closing date.
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