The Direxion Shares ETF Trust will be closing three ETFs due to lack of sufficient investment assets. The ETFs to be liquidated are: Direxion Work From Home ETF (Ticker: WFH), Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (Ticker: EVAV), and Direxion Daily MSCI Emerging Markets ex China Bull 2X Shares (Ticker: XXCH). The funds will cease trading on NYSE Arca on October 23, 2025. Shareholders can sell their holdings before the closing date, and distributions will be made to remaining shareholders after liquidation. Direxion has approximately $57.4 billion in assets under management as of September 30, 2025. For more information, visit www.direxion.com.
Investors should carefully consider all risks associated with Direxion Shares ETFs, including potential loss of principal, concentration risks, and market volatility. Leveraged and inverse ETFs use derivatives subject to market risks. Non-leveraged ETFs may experience greater fluctuation in net asset value and are suitable for long-term investors seeking capital growth. Each ETF’s prospectus should be reviewed thoroughly before investing. ALPS Distributors, Inc. is the distributor for Direxion Shares ETFs.
Read more at GlobeNewswire: Direxion Closing Three ETFs
