Tidal Trust I has made a significant announcement regarding the future of its funds. The company has decided to liquidate two of its exchange-traded funds (ETFs): the Intelligent Real Estate ETF and the Residential REIT ETF. This decision comes as Tidal Investments LLC, the funds' investment adviser, recommended to the Board of Trustees that such action would be in the best interests of the funds and their shareholders.

The liquidation will result in the cessation of trading for both funds. Shares of the Intelligent Real Estate ETF will stop trading on The Nasdaq Stock Market on November 9, 2026, while the Residential REIT ETF will cease trading on the Cboe BZX Exchange on the same date. Investors will not be able to purchase shares of either fund after this closing date.

This move is particularly noteworthy as it reflects a broader trend within the investment industry, where firms are reassessing their product offerings in response to market dynamics. Tidal Trust I's decision may influence other investment companies in the real estate sector as they evaluate their strategies and fund performance.

Shareholders of the funds will have the opportunity to sell their holdings before the closing date. However, from November 9 through November 13, 2026, shareholders may only be able to sell their shares to certain broker-dealers, and there is no guarantee of a market for the funds' shares during this period. After the liquidation date, the funds will distribute cash to shareholders based on the net asset value calculated at that time.

As Tidal Trust I moves forward with this liquidation, it will be crucial for affected shareholders to consult with their tax advisers regarding the implications of this liquidation on their investments. The funds' net asset values will reflect all transactional costs associated with the liquidation process.

For further inquiries, shareholders are encouraged to contact the funds directly at 800-693-8288.