đ¨ Important ETF Update for REX Growth & Income
REX Shares is liquidating its entire Growth & Income ETF lineup. These funds will stop trading soon and then be fully wound down.
ETFs being shut down
REX COIN Growth & Income ETF
$COII
REX CRWV Growth & Income ETF $CRWV
REX HOOD Growth & Income ETF
$HOII
REX LLY Growth & Income ETF $LLII
REX MSTR Growth & Income ETF $MSII
REX PLTR Growth & Income ETF $PLTI
REX Growth & Income Universe ETF $GIF
What this means in plain English
The ETFs are being closed by the issuer, not because the underlying stocks (COIN, MSTR, PLTR, etc.) are âgoing to zero,â but because the funds themselves didnât reach the scale/viability REX wanted.
Trading will stop, and then the funds will liquidate their portfolios and send you cash based on NAV (minus any final costs).
â ď¸ Key concerns for investors holding these funds
Exit timing & price
If you wait for liquidation, youâll get cash at the final NAV on the liquidation date, but you lose control over timing and canât react if underlying stocks move sharply right before/after.
Bidâask spreads & liquidity
As closure approaches, volume can dry up and spreads can widen, which may make it more expensive to exit via the market. Watching intraday spreads becomes more important if you decide to sell before liquidation.
Tax impact
In a taxable account, the forced sale (either by you now or by the fund at liquidation) can crystallize capital gains or losses this year. Depending on your situation, it may be better to harvest losses, offset gains, or coordinate with other trades.
Strategy continuity
If you bought these for their options-based income strategy, that cash flow disappears when the funds close, so youâll need a plan to replace that income (another ETF, doing the options yourself, or a different strategy).
Bottom line
This is a good reminder that ETFs carry âstructure riskâ in addition to stock riskâa fund can be shut down even if you still like the underlying names. If you hold COII, MSII, PLTI, etc., now is the time to decide whether youâll exit in the market ahead of time or ride the structure into liquidation and manage the tax/timing side afterward.
