ETF Managers Group LLC (ETFMG) announced that the Board of Trustees of the ETF Managers Trust has decided to close the Spirited Funds/ETFMG Whiskey & Spirits ETF (WSKY) based on an ongoing review of market demand. Effective immediately, WSKY will increase its cash holdings in contemplation of liquidation and will no longer accept creation orders.

Trading will be suspended on the NYSE Arca at the closing of the market on June 15, 2018. Proceeds of the liquidation are scheduled to be sent to shareholders on or before June 20, 2018.