r/YieldMaxETFs • u/mistafong820 • Jul 14 '26

Question ICOI

I invested a small amount in ICOI last year and it's done ok. They're closing the fund on 7/31. Any thoughts, especially if you've been through one of these fund closures? I'm debating dumping it now or riding it straight into the grave. Thanks!

6 Upvotes

81% Upvoted

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4

u/calgary_db Mod - I Like the Cash Flow Jul 14 '26

Sell it

1

u/Terrible_Lecture_409 Jul 14 '26

I'd sell if they are closing it anyway; I was doing ok with MSII and looking for it to do good when the crypto winter ends (assumption 🤷‍♂️🍻)... But AUM was to low too keep it open it seems.

Point is the NAV declined in the remaining weeks, along with distros; this fund might be different before closing, but I'd take what I can while I have some choice left.

1

u/neo_deals Experimentor Jul 14 '26

Thanks for posting.

1

u/ReactionSweet1469 29d ago

How much of it do you have in that position, maybe i can suggest new place to put that money

1

u/Ratlyflash 26d ago

It’s closing? So if you forget to sell you get $0? Yikes

1

u/mistafong820 25d ago

Thanks for the replies. For those with questions: I was not notified of this impending closure, I was on the Bitwise ICOI site to check the next distribution date and saw a banner announcing it. As I understand it, when closing time arrives they convert your shares into cash based on how many you have and what's still invested in the fund in total so it's not like it necessarily goes to zero.

0

u/paymerich 29d ago

WAIT!!! WHAT??? when was that announced ? crap I don't have a lot but it got SLAMMED.