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Direxion Shares ETF Trust has announced the liquidation of three ETFs: Direxion Dynamic Hedge ETF (DYHG), Direxion Flight to Safety Strategy ETF (FLYT), and Direxion Daily Latin America Bull 2X Shares (LBJ). This decision was made by the Board of Trustees due to insufficient investment assets. The ETFs will cease trading on January 14, 2022, and shareholders must sell their holdings before this date. Following liquidation, shareholders will receive cash distributions, which may include capital gains and dividends. The funds will terminate after the distribution is complete.
