Tidal Financial Group and CNIC Funds Announces the Closure of the CNIC ICE U.S. Carbon Neutral Power Futures Index ETF (NYSE: AMPD)
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Tidal Financial Group and CNIC Funds have announced the closure and liquidation of the CNIC ICE U.S. Carbon Neutral Power Futures Index ETF (NYSE: AMPD), as decided by the Board of Trustees of Tidal Trust II.
February 07, 2025 | 10:00 pm
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The CNIC ICE U.S. Carbon Neutral Power Futures Index ETF (NYSE: AMPD) is set to be closed and liquidated, following a decision by the Board of Trustees of Tidal Trust II.
The decision to close and liquidate the ETF indicates a negative short-term impact on its value, as investors will need to divest their holdings. The relevance is high as the news directly pertains to the ETF, and the importance is significant for investors holding shares in AMPD.
CONFIDENCE 100
IMPORTANCE 80
RELEVANCE 100