Replies to post #47 on ProShares UltraPro 3x Crude Oil ETF (OILU)

[JohnCM]

The fund is liquidated and every share holder receives their percentage of the total balance remaining.

As an ETF loses assets, the fund will lose investors, increasing the cost of operating per investor. ... In the event a firm shuts down an ETF, investors have one of two choices: sell your position before the final trading date, or wait for the fund to close and the check to come in.