Liquidation: GraniteShares ETF Trust

Form Type: 497

Filing Date: 2025-05-19

Corporate Action: Liquidation

Type: New

Accession Number: 000164117225011456

Filing Summary: On May 09, 2025, the Board of Trustees of the GraniteShares ETF Trust decided to liquidate and terminate the GraniteShares 1x Short AMD Daily ETF based on the recommendation of the Trust’s adviser, GraniteShares Advisors LLC. The Board concluded that the Fund could not continue its operations in an economically viable manner and that liquidation was in the best interests of the Fund and its shareholders. Shareholders may buy or sell shares until the close of trading on June 20, 2025. The Fund will allow purchases of creation units until June 18, 2025, and redemptions until June 20, 2025. Prior to the Closing Date, the Fund will gradually wind up operations, which will involve reducing exposure and increasing cash holdings, diverging from its investment objectives. On or about June 20, 2025, the Fund will liquidate its assets and distribute cash on a pro rata basis to shareholders who have not previously redeemed their shares, with distributions constituting taxable events that may include accrued capital gains and dividends. After all distributions, the Fund will terminate.