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Posted by
Two Blokes May 23 -
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OKLAHOMA CITY , May 23, 2025 /PRNewswire/ -- After careful consideration, Exchange Traded Concepts, LLC, the Fund's investment adviser has recommended, and the Board of Trustees of Exchange Traded Concepts Trust has approved, the termination and liquidation of the Range Global Offshore Oil Services ETF (NYSE: OFOS) pursuant to the terms of a Plan of Liquidation. Accordingly, the Fund is expected to cease operations and liquidate on or about June 20, 2025 (the "Liquidation Date").