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Tuttle Capital MSTR 0DTE Covered Call ETF To Liquidate

By: Newsfile

Richmond, Virginia--(Newsfile Corp. - April 2, 2026) - Commonwealth Fund Services, Inc. ("CFS"), Administrator to the ETF Opportunities Trust, has announced today that the Board of Trustees of ETF Opportunities Trust (the "Trust") has approved a Plan of Liquidation (the "Plan") for the Tuttle Capital MSTR 0DTE Covered Call ETF (Cboe BZX: MSTK) (the "Fund") based on the recommendation of the Fund's investment adviser, Tuttle Capital Management, LLC (the "Adviser"). The Adviser recommended that the Board approve the Plan due to the Fund's limited prospect for meaningful future asset growth, the ongoing operational costs associated with managing the Fund and the Adviser's desire to no longer subsidize expenses. As a result, the Board of Trustees concluded that liquidating and closing the Fund would be in the best interests of the Fund and its shareholders.

The Fund will cease trading on the Cboe BZX Exchange, Inc. and will be closed to purchases by investors as of the close of regular trading on April 14, 2026 (the "Closing Date"). The Fund will not accept purchase orders after the Closing Date. Shareholders may sell their shares in the Fund through the Closing Date, and customary brokerage charges may apply to these transactions. The Fund cannot assure shareholders that there will be a market for their Fund shares after the Closing Date. The Fund is expected to liquidate April 22, 2026 (the "Liquidation Date").

On or about the Liquidation Date, the Fund expects to distribute cash in an amount equal to each shareholder's proportionate interest in the net assets of the Fund to all shareholders of record who have not previously redeemed or sold their shares, after the payment of certain Fund liabilities as provided for in the Plan. Fund shares may also be distributed in connection with the liquidation in cash equivalents, under the Plan. A shareholder's liquidating distribution, if applicable, may be an amount that is greater or less than the amount the shareholder might have received upon the sale of their shares through a broker prior to the Liquidation Date. The sale or liquidation of Fund shares will generally be treated as a taxable event giving rise to a capital gain or loss depending on a shareholder's tax basis. Shareholders should contact their tax adviser to discuss the income tax consequences of the sale or liquidation of Fund shares. Once the distributions are complete, the Fund will terminate.

Prior to the Closing Date, the Fund's Adviser will be in the process of liquidating the Fund's portfolio, which will result in the Fund increasing its cash holdings and deviating from its investment objective and other investment policies during the period between April 14, 2026, and the Liquidation Date. The liquidation of the Fund's portfolio may result in brokerage and transaction costs, which will be borne by the Fund and its shareholders. In addition, the Fund will bear all other expenses incurred in connection with carrying out the liquidation as these expenses have been deemed extraordinary expense items.

ABOUT ETF OPPORTUNITIES TRUST

ETF Opportunities Trust is a Delaware statutory trust which was organized on March 18, 2019, and is registered under the Investment Company Act of 1940, as amended, as an open-end management investment company. The Fund is a series of the Trust.

Investors should consider the Fund's investment objective, risks, charges and expenses carefully before investing. For a prospectus with this and other information about the Fund, please call 1-844-802-4004 or visit the fund's website at https://www.incomeblastetfs.com.

The Fund is distributed by Foreside Fund Services, LLC

MEDIA CONTACT

Matthew Tuttle
Tuttle Capital Management
mtuttle@tuttlecap.com
(347) 852-0548

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/291025

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