ETF Closure

I think they're shutting the ETF. Somebody mentioned an email from SWF about it.

Effect -

• losing the potential of it becoming successful in future bull markets (if it can outperform instead of underperform, as the strategy may be better suited to bull markets than bear).
• Cutting $300k expenses.
• Losing $20-50k revenue.

Overall a positive. But fairly small relative to the millions of new expenses for staff/advertising.

Still could be +$250k to the annual cashflow statement.