{"id":952372,"date":"2026-04-16T18:22:14","date_gmt":"2026-04-16T22:22:14","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/quantify-2x-daily-alt-season-crypto-etf-qxas-to-close\/"},"modified":"2026-04-16T18:22:14","modified_gmt":"2026-04-16T22:22:14","slug":"quantify-2x-daily-alt-season-crypto-etf-qxas-to-close","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/quantify-2x-daily-alt-season-crypto-etf-qxas-to-close\/","title":{"rendered":"Quantify 2x Daily Alt Season Crypto ETF (QXAS) to Close"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, April  16, 2026  (GLOBE NEWSWIRE) &#8212; Quantify Funds, in coordination with Tidal Investments LLC, today announced the closure and liquidation of <strong>Quantify 2x Daily Alt Season Crypto ETF (Ticker: QXAS) (the \u201cFund\u201d)<\/strong>. Following a comprehensive review, the decision was made that closing the Fund is in the best interests of shareholders.<\/p>\n<p>The Fund will <strong>cease trading on the NYSE at the close of regular trading on Thursday, April 23, 2026<\/strong> (the \u201cClosing Date\u201d). Creation orders will no longer be accepted as of that date.<\/p>\n<p>Shareholders may sell shares prior to the Closing Date through standard brokerage transactions, which may incur customary brokerage charges. After April 23, 2026, secondary market trading may not be available, and liquidity cannot be assured.<\/p>\n<p>Between the Closing Date and <strong>Thursday, April 30, 2026<\/strong> (the \u201cLiquidation Date\u201d), the Fund will begin to liquidate its portfolio and increase its cash position. During this period, holdings may deviate from the Fund\u2019s stated investment objective.<\/p>\n<p>On or around April 30, 2026, the Fund will distribute its remaining net assets as cash pro rata to shareholders of record who have not sold or redeemed their shares prior to liquidation. This distribution will generally be treated as a taxable event, and shareholders are encouraged to consult their tax advisers regarding the implications of capital gains, losses, or distributed income.<\/p>\n<p>Following the final distribution, QXAS will be formally terminated.<\/p>\n<p>\n        <strong>About Tidal Investments LLC<\/strong>\n      <\/p>\n<p>Formed by ETF-industry pioneers and thought leaders, Tidal Investments LLC is dedicated to modernizing and scaling the ETF ecosystem. Tidal provides comprehensive services, from product development to distribution, supported by proprietary tools and an experienced team focused on helping innovative investment ideas thrive. For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=9XtqSfWuNfUQFTSdUvAQKaXXfDM-bbrjbPfsvpSiVpU9k6As3o0em7HXntBSRUHnBDX8QyxQoNOImcZXSbZsS8HFJuXNcQfGOFDJJdDxVr1RUQdSRCI9jGJepvPbjvMZr3yPa8lbjjHDqIDtDKxn1Q==\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.tidalfinancialgroup.com<\/a>.<\/p>\n<p \/>\n      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY5MTY5NiM3NTQwNDg3IzIyMTAxNTU=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/OWUyYjZmNDktOTYyNi00Yzc1LTkxOWUtYWE3MmY1ZDJiNGVmLTEyMjE3MDgtMjAyNi0wNC0xNi1lbg==\/tiny\/Tidal-Financial-Group.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Media Contact: media@tidalfg.com\u00a0<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, April 16, 2026 (GLOBE NEWSWIRE) &#8212; Quantify Funds, in coordination with Tidal Investments LLC, today announced the closure and liquidation of Quantify 2x Daily Alt Season Crypto ETF (Ticker: QXAS) (the \u201cFund\u201d). Following a comprehensive review, the decision was made that closing the Fund is in the best interests of shareholders. The Fund will cease trading on the NYSE at the close of regular trading on Thursday, April 23, 2026 (the \u201cClosing Date\u201d). Creation orders will no longer be accepted as of that date. Shareholders may sell shares prior to the Closing Date through standard brokerage transactions, which may incur customary brokerage charges. After April 23, 2026, secondary market trading may not be available, and liquidity cannot be &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/quantify-2x-daily-alt-season-crypto-etf-qxas-to-close\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Quantify 2x Daily Alt Season Crypto ETF (QXAS) to Close&#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-952372","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Quantify 2x Daily Alt Season Crypto ETF (QXAS) to Close - 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\/quantify-2x-daily-alt-season-crypto-etf-qxas-to-close\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Quantify 2x Daily Alt Season Crypto ETF (QXAS) to Close - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, April 16, 2026 (GLOBE NEWSWIRE) &#8212; Quantify Funds, in coordination with Tidal Investments LLC, today announced the closure and liquidation of Quantify 2x Daily Alt Season Crypto ETF (Ticker: QXAS) (the \u201cFund\u201d). Following a comprehensive review, the decision was made that closing the Fund is in the best interests of shareholders. The Fund will cease trading on the NYSE at the close of regular trading on Thursday, April 23, 2026 (the \u201cClosing Date\u201d). Creation orders will no longer be accepted as of that date. Shareholders may sell shares prior to the Closing Date through standard brokerage transactions, which may incur customary brokerage charges. 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Following a comprehensive review, the decision was made that closing the Fund is in the best interests of shareholders. The Fund will cease trading on the NYSE at the close of regular trading on Thursday, April 23, 2026 (the \u201cClosing Date\u201d). Creation orders will no longer be accepted as of that date. Shareholders may sell shares prior to the Closing Date through standard brokerage transactions, which may incur customary brokerage charges. 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