Global X Uranium ETF (URA)

[Destinator]

URA has not reduced its holdings in UEX as quickly as it has some other Uranium Stocks. Does anyone have any theories as to why this is case? I think it may have something to do with the potential for a Spin Out of the High Grade Cobalt property into a new and seperate company.

Phase I of the URA re-balancing has come and gone.

Does anyone know if URA has a deadline with Phase II to meet the new INDEX targets?

Does anyone know what the difference is between Phase I and Phase II? Does anyone know if there is a Phase III scheduled?

Has anyone seen anything similar to what Sightline issued shortly after Phase I was introduced?

Thank you.