Siren ETF Trust announced it has determined to close and liquidate two funds—Siren DIVCON Leaders Dividend ETF (CBOE: LEAD) and Siren NexGen Economy ETF (NASDAQ: BLCN). The action is generally a negative development for holders due to the funds being wound down, but the likely market impact is limited given the absence of broader macro or sector catalysts in the notice.
Siren ETF Trust announced it has determined to close and liquidate two funds—Siren DIVCON Leaders Dividend ETF (CBOE: LEAD) and Siren NexGen Economy ETF (NASDAQ: BLCN). The action is generally a negative development for holders due to the funds being wound down, but the likely market impact is limited given the absence of broader macro or sector catalysts in the notice.
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mildly negative
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-0.25
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