Tuttle Capital Bitcoin 0DTE Covered Call ETF (BITK) and Tuttle Capital Magnificent 7 Income Blast ETF (MAGO) to Liquidate

Tuttle Capital Bitcoin 0DTE Covered Call ETF (BITK) and Tuttle Capital Magnificent 7 Income Blast ETF (MAGO) to Liquidate

Tuttle Capital Management, LLC ("TCM"), the investment adviser to the funds, today announced that the Board of Trustees of ETF Opportunities Trust (the "Trust") has approved a Plan of Liquidation (the "Plan") for the following funds: Tuttle Capital Bitcoin 0DTE Covered Call ETF (CBOE: BITK) Tuttle Capital Magnificent 7 Income Blast ETF (CBOE: MAGO) (each a "Fund" and together, the "Funds")

TCM recommended that the Board approve the Plan given the Funds' limited prospects for meaningful future asset growth, the ongoing operational costs of managing them, and TCM's decision to no longer subsidize the Funds' expenses. On that basis, the Board concluded that liquidating and closing the Funds is in the best interests of the Funds and their shareholders.

The Funds will cease trading on the Cboe BZX Exchange, Inc. and will close to investor purchases as of the close of regular trading on July 10, 2026 (the "Closing Date"). No purchase orders will be accepted after the Closing Date. Shareholders may sell their shares through the Closing Date, and customary brokerage charges may apply to these transactions. There can be no assurance that a market for the shares will exist after the Closing Date.

The Funds are expected to liquidate on July 17, 2026 (the "Liquidation Date"). On or about the Liquidation Date, each Fund expects to distribute to its remaining shareholders of record - those who have not previously redeemed or sold their shares - cash equal to their proportionate interest in the Fund's net assets, after payment of or provision for certain Fund liabilities under the Plan.

Distributions may also be made in cash equivalents or in-kind as provided in the Plan. A shareholder's liquidating distribution may be greater or less than the amount the shareholder would have received by selling shares through a broker prior to the Liquidation Date. The sale or liquidation of Fund shares generally will be treated as a tax...