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Exchange Traded Concepts has announced the closure and liquidation of the Range India Financials ETF (NYSE: INDF). The fund will cease operations on August 29, 2025, with key dates including:
- Last day for new creation units: August 25, 2025
- Final trading day on NYSE Arca: August 26, 2025
- Limited trading period: August 22-26, 2025
- Final liquidation: August 29, 2025
During the liquidation process, the fund will shift to highly liquid assets, which may deviate from its stated investment strategy. Shareholders will receive pro-rata cash distributions, which will be considered taxable events.