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Franklin Templeton (NYSE:BEN) has announced the liquidation of its Putnam BioRevolution™ ETF (SYNB). The fund will cease accepting creation unit orders after October 24, 2025, and redemption orders after November 13, 2025.
Trading on NYSE Arca will be suspended before market open on November 14, 2025. The final liquidation is scheduled for November 21, 2025, when remaining shareholders will receive pro rata cash distributions after all fund obligations are met.