GREENWICH, Conn., June 12, 2026 (GLOBE NEWSWIRE) -- Due to their inability to attract sufficient investment assets, the Board of Trustees of the Themes ETF Trust (the "Board") has decided to liquidate and close five ETFs (each, a "Fund" and collectively, the "Funds"). The Board concluded that liquidating and closing the Funds would be in the best interest of the Funds and their shareholders.
The Funds closing are as follows:
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The Funds will cease trading on Cboe and will be closed to purchase by investors as of the close of regular trading on Cboe on June 16, 2026 (the "Closing Date"). The Funds will not accept creation orders after the Closing Date.
Shareholders may sell their holdings in either Fund prior to the Closing Date and customary brokerage charges may apply to these transactions. However, from June 16, 2026 through June 25, 2026 (the "Liquidation Date") shareholders may only be able to sell their shares to certain broker-dealers and there is no assurance that there will be a market for a Fund's shares during this time period. This process will result in each Fund increasing its cash holdings and reducing its exposure to the underlying stock and related financial instruments. Consequently, each Fund will no longer be pursuing its investment objective of providing leveraged exposure to the daily performance of its underlying stock, which is inconsistent with the Fund's principal investment strategy.
On or about the Liquidation Date, each Fund will liquidate its assets and distribute cash pro rata to all shareholders who have not previously redeemed or sold their shares. These distributions are taxable events. In addition, these payments to shareholders may include accrued capital gains and dividends. As calculated on the Liquidation Date, each Fund's net asset value will reflect the costs of closing the Fund. Once the distributions are complete, the Funds will terminate.
For more information about these ETFs and other products offered by Leverage Shares by Themes, please visit www.leverageshares.com/us
For media inquiries, please contact:
Arielle Shternfeld, Director, Communications and Advisor Relations
[email protected]
+1 (860) 716-3686
About Themes ETFs:
Themes ETFs was established by the Co-Founders of Leverage Shares in 2023 to offer thematic and sector-based products in the US. Themes Management Company LLC serves as an adviser to the Themes ETFs Trust. Themes ETFs seeks to provide investors with targeted exposure to specific segments of the market via its low-cost ETFs. For more information, visit www.themesetfs.com.
About Leverage Shares:
The company was launched in 2017 by CEO Jose Gonzalez-Navarro, COO Dobromir Kamburov and General Counsel Tracy Grant (the "Co-Founders") and has 160+ ETPs offering both leveraged and unleveraged exposure to single stocks, ETFs and commodities across various exchanges in Europe. For more information, please visit www.leverageshares.com