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What happened to the long Cramer ETF?

The Long Cramer ETF was shut down in September 2023 and the Inverse Cramer now follows the same path. On Thursday, it was announced that the Northern Lights Fund Trust IV Inverse Cramer ETF (BATS:SJIM) will be shutting down and liquidating. The board of trustees of the fund determined liquidation was in the best interest of shareholders.

What is the inverse Cramer tracker ETF (SJIM)?

The Inverse Cramer Tracker ETF ( SJIM) is an exchange-traded fund created by Tuttle Capital Management with the purpose of making trades contrary to Jim Cramer’s financial advice.

How would the inverse Cramer ETF work?

The Inverse Cramer ETF would be actively managed, meaning financial professionals behind the scenes would monitor Cramer’s stock selections and overall market recommendations through Twitter or his television appearances, according to the filing.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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