{"id":894938,"date":"2025-10-10T16:25:12","date_gmt":"2025-10-10T20:25:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/tidal-financial-group-announces-the-closure-of-the-fire-funds-income-target-etf-nyse-arca-firi-and-the-fire-funds-wealth-builder-etf-nyse-arca-firs\/"},"modified":"2025-10-10T16:25:12","modified_gmt":"2025-10-10T20:25:12","slug":"tidal-financial-group-announces-the-closure-of-the-fire-funds-income-target-etf-nyse-arca-firi-and-the-fire-funds-wealth-builder-etf-nyse-arca-firs","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/tidal-financial-group-announces-the-closure-of-the-fire-funds-income-target-etf-nyse-arca-firi-and-the-fire-funds-wealth-builder-etf-nyse-arca-firs\/","title":{"rendered":"Tidal Financial Group Announces the Closure of the FIRE Funds\u2122 Income Target ETF (NYSE Arca: FIRI) and the FIRE Funds\u2122 Wealth Builder ETF (NYSE Arca: FIRS)"},"content":{"rendered":"<div class=\"mw_release\">\n<p>MILWAUKEE, Oct.  10, 2025  (GLOBE NEWSWIRE) &#8212; Tidal Financial Group today announced the upcoming closure and liquidation of the\u00a0<strong>FIRE Funds\u2122 Income Target ETF (NYSE Arca: FIRI)<\/strong> and the <strong>FIRE Funds\u2122 Wealth Builder ETF (NYSE Arca: FIRS)<\/strong>. The Board of Trustees of Tidal Trust III has determined that closing and liquidating the funds is in the best interest of each fund and its shareholders.<\/p>\n<p>The <strong>FIRE Funds\u2122 Income Target ETF (the \u201cFIRI Fund\u201d)<\/strong> and the <strong>FIRE Funds\u2122 Wealth Builder ETF (the \u201cFIRS Fund\u201d)<\/strong> will cease trading on the NYSE Arca at the close of regular trading on <strong>October 24, 2025<\/strong> (the \u201cClosing Date\u201d) and will no longer accept creation orders as of that date.<\/p>\n<p>Shareholders may sell their holdings in the funds prior to the Closing Date through standard brokerage transactions, which may be subject to customary brokerage fees. After October 24, 2025, shareholders will be unable to buy or sell shares on an exchange and will instead receive cash distributions as part of the liquidation process.<\/p>\n<p>Between <strong>October 24, 2025 and October 30, 2025<\/strong> (the \u201cLiquidation Period\u201d), the funds will begin liquidating their holdings and increasing their cash positions in preparation for final distribution. During this period, each fund\u2019s portfolio will depart from its stated investment strategy and objective.<\/p>\n<p>On or around <strong>October 30, 2025<\/strong> (the \u201cLiquidation Date\u201d), the funds will distribute their remaining net assets to shareholders of record who have not sold their shares prior to liquidation. This final distribution will be made in cash on a pro rata basis and will generally be treated as a taxable event. Shareholders should consult their tax advisers to understand the potential implications related to capital gains, losses, or dividends arising from the liquidation.<\/p>\n<p>After the distribution of net assets is complete, the funds will be officially terminated.<\/p>\n<p>\n        <strong>About Tidal Financial Group<\/strong>\n      <\/p>\n<p>Formed by ETF industry pioneers and thought leaders, <strong>Tidal Investments LLC<\/strong> sets out to revolutionize the way ETFs have historically been developed, launched, marketed, and sold. With a focus on growing AUM, Tidal offers a comprehensive suite of services, proprietary tools, and methodologies designed to bring lasting ideas to market. Tidal is an advocate for ETF innovation and is committed to providing issuers with the intelligence and tools needed to efficiently and effectively launch ETFs and optimize growth potential in a highly competitive space.<br \/>For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=-3Ws_Ln2_45Y_JJB2TariEIZNBBB4vVBGLsm4FjyZpClQVTaiG3dOj8D4rrxNWbDthmAmA59F0HOpOO7QWWQ16zGLPidiKKjNLr6HOg4TCGiVf_zhPcTDjnh30dJTzZX0UxK5rMNQtwTKE5GYRa1xg==\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.tidalfinancialgroup.com<\/a>.<\/p>\n<p>Contact: Gavin Filmore at gfilmore@tidalfg.com.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU0Mzg5OCM3MTkwNzExIzIyMTAxNTU=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/MTVhN2E1NjktYzAyZC00NjZlLWFhODAtOGI4YjRlODc0NWI4LTEyMjE3MDgtMjAyNS0xMC0xMC1lbg==\/tiny\/Tidal-Financial-Group.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>MILWAUKEE, Oct. 10, 2025 (GLOBE NEWSWIRE) &#8212; Tidal Financial Group today announced the upcoming closure and liquidation of the\u00a0FIRE Funds\u2122 Income Target ETF (NYSE Arca: FIRI) and the FIRE Funds\u2122 Wealth Builder ETF (NYSE Arca: FIRS). The Board of Trustees of Tidal Trust III has determined that closing and liquidating the funds is in the best interest of each fund and its shareholders. The FIRE Funds\u2122 Income Target ETF (the \u201cFIRI Fund\u201d) and the FIRE Funds\u2122 Wealth Builder ETF (the \u201cFIRS Fund\u201d) will cease trading on the NYSE Arca at the close of regular trading on October 24, 2025 (the \u201cClosing Date\u201d) and will no longer accept creation orders as of that date. Shareholders may sell their holdings in the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tidal-financial-group-announces-the-closure-of-the-fire-funds-income-target-etf-nyse-arca-firi-and-the-fire-funds-wealth-builder-etf-nyse-arca-firs\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Tidal Financial Group Announces the Closure of the FIRE Funds\u2122 Income Target ETF (NYSE Arca: FIRI) and the FIRE Funds\u2122 Wealth Builder ETF (NYSE Arca: FIRS)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-894938","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tidal Financial Group Announces the Closure of the FIRE Funds\u2122 Income Target ETF (NYSE Arca: FIRI) and the FIRE Funds\u2122 Wealth Builder ETF (NYSE Arca: FIRS) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/tidal-financial-group-announces-the-closure-of-the-fire-funds-income-target-etf-nyse-arca-firi-and-the-fire-funds-wealth-builder-etf-nyse-arca-firs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tidal Financial Group Announces the Closure of the FIRE Funds\u2122 Income Target ETF (NYSE Arca: FIRI) and the FIRE Funds\u2122 Wealth Builder ETF (NYSE Arca: FIRS) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"MILWAUKEE, Oct. 10, 2025 (GLOBE NEWSWIRE) &#8212; Tidal Financial Group today announced the upcoming closure and liquidation of the\u00a0FIRE Funds\u2122 Income Target ETF (NYSE Arca: FIRI) and the FIRE Funds\u2122 Wealth Builder ETF (NYSE Arca: FIRS). The Board of Trustees of Tidal Trust III has determined that closing and liquidating the funds is in the best interest of each fund and its shareholders. The FIRE Funds\u2122 Income Target ETF (the \u201cFIRI Fund\u201d) and the FIRE Funds\u2122 Wealth Builder ETF (the \u201cFIRS Fund\u201d) will cease trading on the NYSE Arca at the close of regular trading on October 24, 2025 (the \u201cClosing Date\u201d) and will no longer accept creation orders as of that date. Shareholders may sell their holdings in the &hellip; Continue reading &quot;Tidal Financial Group Announces the Closure of the FIRE Funds\u2122 Income Target ETF (NYSE Arca: FIRI) and the FIRE Funds\u2122 Wealth Builder ETF (NYSE Arca: FIRS)&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/tidal-financial-group-announces-the-closure-of-the-fire-funds-income-target-etf-nyse-arca-firi-and-the-fire-funds-wealth-builder-etf-nyse-arca-firs\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-10T20:25:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU0Mzg5OCM3MTkwNzExIzIyMTAxNTU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tidal-financial-group-announces-the-closure-of-the-fire-funds-income-target-etf-nyse-arca-firi-and-the-fire-funds-wealth-builder-etf-nyse-arca-firs\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tidal-financial-group-announces-the-closure-of-the-fire-funds-income-target-etf-nyse-arca-firi-and-the-fire-funds-wealth-builder-etf-nyse-arca-firs\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Tidal Financial Group Announces the Closure of the FIRE Funds\u2122 Income Target ETF (NYSE Arca: FIRI) and the FIRE Funds\u2122 Wealth Builder ETF (NYSE Arca: FIRS)\",\"datePublished\":\"2025-10-10T20:25:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tidal-financial-group-announces-the-closure-of-the-fire-funds-income-target-etf-nyse-arca-firi-and-the-fire-funds-wealth-builder-etf-nyse-arca-firs\\\/\"},\"wordCount\":416,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tidal-financial-group-announces-the-closure-of-the-fire-funds-income-target-etf-nyse-arca-firi-and-the-fire-funds-wealth-builder-etf-nyse-arca-firs\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTU0Mzg5OCM3MTkwNzExIzIyMTAxNTU=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tidal-financial-group-announces-the-closure-of-the-fire-funds-income-target-etf-nyse-arca-firi-and-the-fire-funds-wealth-builder-etf-nyse-arca-firs\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/tidal-financial-group-announces-the-closure-of-the-fire-funds-income-target-etf-nyse-arca-firi-and-the-fire-funds-wealth-builder-etf-nyse-arca-firs\\\/\",\"name\":\"Tidal Financial Group Announces the Closure of the FIRE Funds\u2122 Income Target ETF (NYSE Arca: FIRI) and the FIRE Funds\u2122 Wealth Builder ETF (NYSE Arca: FIRS) - 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The Board of Trustees of Tidal Trust III has determined that closing and liquidating the funds is in the best interest of each fund and its shareholders. The FIRE Funds\u2122 Income Target ETF (the \u201cFIRI Fund\u201d) and the FIRE Funds\u2122 Wealth Builder ETF (the \u201cFIRS Fund\u201d) will cease trading on the NYSE Arca at the close of regular trading on October 24, 2025 (the \u201cClosing Date\u201d) and will no longer accept creation orders as of that date. 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