Pot ETF at Risk of Closure as Custodian Balks

The video tutorial discusses the role of custodians in ETFs, highlighting their responsibility for holding assets and the legal necessity of having one. It explores the legal gray areas surrounding marijuana investments, particularly in relation to U.S. law and the MJX fund. The potential impact on investors if a custodian withdraws is examined, including the risk of fund closure. Finally, the process of ETF liquidation is explained, detailing how shareholders are notified and the distribution of net asset value.

What happens to investors if a custodian cannot be found for a fund?

Describe the process that occurs during the liquidation of an ETF.