Updated Jul 2, 2026
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SRN Advisors to Close and Liquidate Siren LEAD and BLCN ETFs

The Board of Trustees of Siren ETF Trust has voted to close and liquidate two of its funds — the Siren DIVCON Leaders Dividend ETF (CBOE: LEAD) and the Siren NexGen Economy ETF (NASDAQ: BLCN) — according to an announcement released July 1, 2026, by Huntingdon Valley, Pa.-based SRN Advisors, LLC. Both funds are series of the Trust.

By Mara Whitfield2 min read
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The Board of Trustees of Siren ETF Trust has voted to close and liquidate two of its funds — the Siren DIVCON Leaders Dividend ETF (CBOE: LEAD) and the Siren NexGen Economy ETF (NASDAQ: BLCN) — according to an announcement released July 1, 2026, by Huntingdon Valley, Pa.-based SRN Advisors, LLC. Both funds are series of the Trust.

Two Funds Wound Down Across Different Exchanges

The Siren DIVCON Leaders Dividend ETF, listed on the CBOE under the ticker LEAD, and the Siren NexGen Economy ETF, listed on the NASDAQ under the ticker BLCN, are both series of Siren ETF Trust. The Board of Trustees — the Trust's governing body — made the determination to shutter both funds.

The two ETFs span distinct market themes: LEAD, as its name indicates, is tied to dividend leadership, while BLCN's listing on the NASDAQ and its NexGen Economy branding align it with next-generation economic themes. The source does not provide additional detail on fund strategies, assets under management, or a specific liquidation timeline beyond the July 1 announcement.

SRN Advisors and the Trust Structure

SRN Advisors, LLC, headquartered in Huntingdon Valley, Pa., is the investment advisor to Siren ETF Trust. The Trust operates as the umbrella entity under which both LEAD and BLCN are organized as individual series. The closure decision originates at the Board of Trustees level, the fiduciary body responsible for overseeing the Trust's funds on behalf of shareholders.

The source does not name a date by which shareholders must act or by which liquidation proceeds will be distributed.


Note: The source announcement is brief and does not include AUM, share prices, liquidation dates, or performance data. This article reflects only the facts disclosed.

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Key takeaways

Frequently asked

Which two ETFs are being closed and liquidated?

The Siren DIVCON Leaders Dividend ETF (CBOE: LEAD) and the Siren NexGen Economy ETF (NASDAQ: BLCN).

Who made the decision to close the funds?

The Board of Trustees of Siren ETF Trust, the fiduciary body overseeing the Trust's funds, voted to close and liquidate both ETFs.

When was the closure announced?

The announcement was released July 1, 2026, by SRN Advisors, LLC.

Who is SRN Advisors and where is it based?

SRN Advisors, LLC is the investment advisor to Siren ETF Trust and is headquartered in Huntingdon Valley, Pennsylvania.

Is a liquidation date or distribution timeline provided?

No, the source does not name a liquidation date, a deadline for shareholders to act, or when liquidation proceeds will be distributed.