Range Global Offshore Oil Services Index ETF seeks NYSE Arca delisting

Rhea-AI Filing Summary

Form 25 notice of delisting. On 20 June 2025, NYSE Arca, Inc. filed Form 25 with the SEC (File No. 001-34570) to remove the Range Global Offshore Oil Services Index ETF—an Exchange Traded Concepts Trust fund—from listing and registration under Section 12(b) of the Exchange Act. The exchange affirms compliance with Rule 12d2-2(b), and the issuer confirms compliance with Rule 12d2-2(c) for voluntary withdrawal. No financial metrics, redemption terms, or specific reasons for the delisting are provided. Once the Form 25 becomes effective, trading on NYSE Arca will cease, and the ETF’s Section 12(b) registration will terminate. Investors should watch for further issuer communications on future trading venues, liquidation plans, or redemption procedures.

Positive

• None.

Negative

• Removal from NYSE Arca listing will end exchange trading for the ETF, reducing liquidity and potentially widening bid-ask spreads.
• No explanation or contingency plan is provided, leaving investors uncertain about liquidation, OTC trading, or re-listing options.

Insights

Securities Analyst

TL;DR: Delisting filing removes ETF from NYSE Arca; liquidity and price discovery likely to decline.

The Form 25 confirms that NYSE Arca and the issuer followed the procedural rules to strike the Range Global Offshore Oil Services Index ETF from the exchange. Delisting generally curtails daily trading volume and narrows the investor base because many platforms and mandates require exchange-listed status. The filing omits the rationale—whether fund liquidation, restructuring, or migration to another venue—but until clarity emerges, holders face higher liquidity risk and potential widening spreads. No offsetting positive developments are disclosed.

ETF Specialist

TL;DR: Voluntary withdrawal signals possible fund closure; monitor issuer notices for redemption terms.

Because the issuer certified compliance with Rule 12d2-2(c), this appears to be a voluntary delisting. In ETF practice, such filings often precede fund liquidation within 30–60 days. The absence of alternate listing details or continuation plans heightens the probability of a wind-down. Investors should review prospectus supplements and anticipate final distribution dates that typically reflect the fund’s NAV on the liquidation date. Until then, secondary-market liquidity may deteriorate sharply.

UNITED STATES

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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number

001-34570

Issuer:	EXCHANGE TRADED CONCEPTS TRUST
Exchange:	NYSE ARCA, INC.

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

Address:	10900 Hefner Pointe DriveSuite 207
	Oklahoma City	OKLAHOMA	73120
Telephone number:

(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)

Range Global Offshore Oil Services Index ETF

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

17 CFR 240.12d2-2(a)(1)

17 CFR 240.12d2-2(a)(2)

17 CFR 240.12d2-2(a)(3)

17 CFR 240.12d2-2(a)(4)

Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. ¹

Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements fo the Securities Exchange Act of 1934, NYSE ARCA, INC. certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

2025-06-20	By	Tyler Mastronardi		Analyst, Market Watch
Date		Name		Title

¹ Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Why did NYSE Arca file Form 25 for UTRN?

The exchange filed to remove the Range Global Offshore Oil Services Index ETF from listing and registration; the filing does not disclose the reason.

Which rules were cited in the delisting notice?

NYSE Arca cited 17 CFR 240.12d2-2(b) and the issuer cited 17 CFR 240.12d2-2(c) for voluntary withdrawal.

When will the delisting of UTRN become effective?

The Form 25 sets the delisting process in motion, but the specific effective date is not stated in the document.

What happens to ETF shareholders after delisting?

Once delisted, exchange trading ends; investors must wait for issuer guidance on liquidation, OTC trading, or alternative listings.