Exchange Traded Concepts to Close and Liquidate The MUSQ Global Music Industry Index ETF (NYSE: MUSQ)
Shareholders face limited selling options before trading ends and cannot trade in the secondary market afterward.
Rhea-AI Summary
The MUSQ Global Music Industry Index ETF (MUSQ) is expected to liquidate on or about October 23, 2026.
Exchange Traded Concepts recommended the closure, and the fund trust’s board approved it. The fund closes to new creation-unit orders on October 19; its last day of trading on NYSE Arca is expected on or about October 20. Remaining shareholders will receive pro rata cash distributions, which are taxable. Liquidation costs will be reflected in the fund’s net asset value.
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- None.
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- Fund liquidation expected on or about October 23, 2026
- NYSE Arca trading expected to end on or about October 20, 2026
News Explained
Shareholders face restricted selling before trading ends, then no secondary-market trading until liquidation; preparation may also take the fund off its stated strategy.
Under the approved liquidation, from
To prepare for liquidation, the fund may raise cash or hold other highly liquid assets; all or part of it may consequently be invested inconsistently with its stated strategy, potentially preventing it from achieving its investment objective.
AI-generated analysis. How Rhea-AI works. Not financial advice.
OKLAHOMA CITY, Sept. 25, 2026 /PRNewswire/ -- After careful consideration, Exchange Traded Concepts, LLC, the Fund's investment adviser has recommended, and the Board of Trustees of Exchange Traded Concepts Trust has approved, the termination and liquidation of the Fund pursuant to the terms of a Plan of Liquidation. Accordingly, the Fund is expected to cease operations and liquidate on or about October 23, 2026 (the "Liquidation Date").
The Fund will be closed to orders for new creation units on October 19, 2026, and the last day of trading of the Fund's shares on the NYSE Arca, Inc. will be on or about October 20, 2026. From October 19, 2026 through the last day of trading, 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 Fund shares during that time period. Customary brokerage charges may apply to such transactions. From the last day of trading through the Liquidation Date, shareholders will not be able to purchase or sell shares in the secondary market.
In anticipation of the liquidation, the Fund will be managed in a manner intended to facilitate its orderly liquidation, such as by raising cash or making investments in other highly liquid assets. As a result, in preparation for the liquidation, all or a portion of the Fund may not be invested in a manner consistent with its stated investment strategy, which may prevent the Fund from achieving its investment objective.
On or about the Liquidation Date, the Fund will liquidate its assets and distribute cash pro rata to all remaining shareholders. These distributions are taxable events. In addition, these payments to shareholders will include accrued capital gains and dividends, if any. As calculated on the Liquidation Date, the Fund's net asset value will reflect the costs of liquidating the Fund. Once the distributions are complete, the Fund will terminate.
If you would like additional information, please call: 1-855-MUSQ-ETF (687-7383) or visit: www.musqetf.com.
Please retain this Supplement with your Summary Prospectus, Prospectus, and SAI for future reference.
Investors should consider the investment objectives, risks, charges and expenses carefully before investing.
For a prospectus or summary prospectus with this and other information about the Fund, please call 1-855- MUSQ-ETF(687-7383) or visit our website at https://musqetf.com. Read the prospectus or summary prospectus carefully before investing.
All investing involves risk, and asset allocation and diversification do not guarantee a profit or protection against a loss. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, might be worth more or less than their original cost. ETFs are subject to risks similar to those of stocks, as well as other risks specific to the particular ETF.
ETF shares are traded on exchanges, and are traded and priced throughout the trading day. ETFs permit an investor to purchase a selling interest in a portfolio of stocks throughout the trading day. Because ETFs trade on an exchange, ETF shares are bought and sold at market price (not NAV). The prices of ETFs may sometimes vary significantly from the NAVs of a ETFs' underlying securities. Brokerage commissions will reduce returns.
Exchange Traded Concepts, LLC serves as the investment advisor to the Fund. The Fund is distributed by SEI Investments Distribution Co (SIDCO), 1 Freedom Valley Drive, Oaks, PA 19456. SIDCO is not affiliated with Exchange Traded Concepts, LLC. or Optica Capital Pty. Ltd.
Investment Products and Services:
NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE
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SOURCE Exchange Traded Concepts, LLC
AI-generated questions and answers. How Rhea-AI works. Not financial advice. The fund will be managed to facilitate liquidation, including by raising cash or investing in other highly liquid assets. Some or all of its holdings may therefore depart from its stated investment strategy, which may prevent it from meeting its investment objective.FAQ
How will MUSQ be managed before liquidation?