Markets· ★★· neutral·

USCF to close four ETFs, including oil-plus-bitcoin fund WTIB

  • —WTIB and USE stop accepting creation orders Nov. 5, trading halts Nov. 6
  • —ZSB stops accepting creation orders Oct. 19, trading halts Oct. 20
  • —USG halts trading Nov. 13, with payouts to shareholders around Nov. 20
  • —Liquidation approved by the USCF ETF Trust board; shares redeemed at NAV
Why it matters: The closure of WTIB, which holds bitcoin exposure, trims the roster of niche crypto-linked ETFs on NYSE Arca without affecting spot BTC funds.
Source: PR Newswire Blockchain