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Tidal Financial Group and AOT Invest Announce Closure and Liquidation of 2x Daily Software Platform ETF (SOFL)

Strategic Insights

— 1 min read

The 2x Daily Software Platform ETF (SOFL), listed on the New York Stock Exchange (NYSE), will cease trading on October 6, 2025, following a decision by its Adviser and AOT Invest, LLC to liquidate the fund. This decision was made after a comprehensive review, and the liquidation is expected to conclude by October 10, 2025. Shareholders may sell their holdings before the Closing Date, but after that, they will only be able to sell shares to select broker-dealers, with no assurance of an active market.

Key Takeaways:

  • The 2x Daily Software Platform ETF (SOFL) will halt trading on the NYSE on October 6, 2025, and be liquidated.
  • The liquidation process is expected to conclude by October 10, 2025.
  • Shareholders can sell their holdings before the Closing Date, but after that, they will only be able to sell shares to select broker-dealers.
  • The liquidation of portfolio holdings will take place during the week of October 6, 2025, and the fund's holdings may not reflect its stated investment strategy.
  • Remaining shareholders of record will receive a cash distribution representing their proportionate interest in the fund, which may include undistributed capital gains or dividends.
  • These distributions will generally be treated as taxable events, and shareholders should consult their tax advisors about the potential implications.
  • After the liquidation, the fund will officially terminate.
  • Tidal Financial Group, the Adviser, is dedicated to revolutionizing ETF development, launch, marketing, and sales.
  • AOT Invest, LLC is a partner in the liquidation of the fund.

Statistics:

  • Closing Date: October 6, 2025
  • Liquidation Date: October 10, 2025 (expected)
  • Over the course of the liquidation, the fund's holdings will increasingly shift to cash.
  • After the liquidation, the fund will officially terminate.
  • The 2x Daily Software Platform ETF (SOFL) was listed on the NYSE.

Sources:

  • GlobeNewswire: "Tidal Financial Group and AOT Invest, LLC Announce Closure and Liquidation of the 2x Daily Software Platform ETF (NYSE: SOFL)", September 19, 2025, 17:06:45.
  • COMTEX_468892417 (online news provider).

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