AXPGGREENWICH, Conn., July 17, 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 thirteen 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:
| Leverage Shares ETF | Ticker | CUSIP |
|---|---|---|
| Themes Natural Monopoly ETF | CZAR | 882927809 |
| Themes US Infrastructure ETF | HWAY | 882927726 |
| Themes US R&D Champions ETF | USRD | 882927874 |
| Leverage Shares 2x Long CMG Daily ETF | CMGG | 882927320 |
| Leverage Shares 2x Long ABNB Daily ETF | ABNG | 882927130 |
| Leverage Shares 2x Long AXP Daily ETF | AXPG | 88340W731 |
| Leverage Shares 2x Long DNN Daily ETF | DNNG | 88340W624 |
| Leverage Shares 2x Long ORLY Daily ETF | ORLG | 88340W541 |
| Leverage Shares 2x Long CNC Daily ETF | CNCG | 88340F803 |
| Leverage Shares 2x Long LAC Daily ETF | LACG | 88340F662 |
| Leverage Shares 2x Long UPS Daily ETF | UPSG | 88340F795 |
| Leverage Shares 2x Long OSCR Daily ETF | OSCG | 88340C784 |
| Leverage Shares 2x Long SBUX Daily ETF | SBU | 88340C776 |
The Funds will cease trading on Nasdaq as of the close of regular trading on July 28, 2026 (the “Closing Date”) and will be closed to purchases by investors at that time. The Funds will not accept creation or redemption orders after July 24, 2026.
Shareholders may sell their holdings in either Fund prior to the Closing Date and customary brokerage charges may apply to these transactions. However, from the Closing Date through July 31, 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.
No dividend will be paid by the Funds prior to liquidation.
For more information about these ETFs and other products offered by Themes ETFs and Leverage Shares by Themes, please visit www.themesetfs.com and 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