Tradr ETFs Approves Liquidation of Two SK hynix Leveraged Funds

Tradr ETFs said on October 23, 2026 that a plan of liquidation has been approved for the Tradr 2X Long SK hynix Daily ETF (Cboe: SKHA) and the Tradr 2X Short SK hynix Daily ETF (Cboe: SKHN). The New York-based issuer, launched in 2024 by AXS Investments, manages 72 leveraged and inverse products with approximately $10 billion in assets under management, according to company records.

Tradr's Liquidation Plan for SKHA and SKHN

Tradr ETFs announced that a plan of liquidation has been approved for the two funds. Each fund will allow creation and redemption of units through November 5, 2026, which will be the last day of trading on the Cboe BZX Exchange. On or about November 12, 2026, each fund will cease operations, liquidate assets and prepare to distribute proceeds to shareholders of record.

The company said the funds are intended to be used as short-term trading vehicles and pursue leveraged investment objectives. Tradr ETFs said the funds are designed for sophisticated investors and professional traders with high conviction views. The company said the funds are very different from most other ETFs.

Tradr ETFs describes itself as a provider of ETFs designed for sophisticated investors and professional traders. The company's strategies include leveraged and inverse ETFs that seek short or long exposure to actively traded stocks and ETFs. Tradr ETFs was founded in 2024 and is headquartered in New York, according to company records.

Tradr ETFs' Product Scale

Tradr ETFs expanded its product suite to 72 leveraged ETFs representing approximately $10 billion in AUM with the launch of five first-to-market 2X leveraged ETFs on Quantinuum, Ciena, Rambus, Tower Semiconductor, and TTM Technologies in July 2026, according to akta.pro company records. The company reached $3 billion in assets under management in March 2026, less than two years since launching in May 2024, the same records show. Tradr ETFs surpassed $2 billion in AUM 18 months after launching, doubling AUM since August 2025.

Earlier Tradr ETFs Liquidations and Launches

Tradr ETFs announced a liquidation plan for five leveraged ETFs (CPNX, PONX, NXPX, SMZ, TSEU) on October 6, 2026, with trading ending October 19, 2026 and operations ceasing October 26, 2026, PR Newswire reported. The funds will liquidate assets and distribute proceeds to shareholders of record.

Tradr ETFs launched the AXTQ ETF on Cboe on September 9, 2026, designed to deliver -200% of AXTI's daily performance via swaps, Yahoo reported. The fund's daily reset causes volatility decay over longer periods, and its expense ratio was not disclosed.

Tradr ETFs announced the expected launch of four single-stock leveraged exchange-traded funds on August 18, 2026, providing investors with 2X long or inverse daily exposure to AXT, Inc., Coherent Corp., Meta Platforms, and Lightwave Logic, Stock Titan reported.

Key Dates for SKHA and SKHN

Trading on the Cboe BZX Exchange ends November 5, 2026. Each fund will cease operations and liquidate assets on or about November 12, 2026. Detailed information on Tradr ETFs and the significant risks involved with leveraged ETFs is available at www.tradretfs.com.