u/mistafong820

About a month ago I noticed on the Bitwise site that their ICOI fund was being shut down 7/31. Never having been through one of these fund closures, I posted asking if anyone had any experience and or thoughts. A few replies, including several people saying they'd sell now and not wait for the closure, believing it would drop badly. I had a small position and wasn't afraid of a loss, so I decided on an experiment: I sold half my shares on 7/14 and let the others sit until the closure. From when I sold to when they closed, the price dropped 2.68%.

As for what happened overall, I received no notification of the closure, I stumbled on that myself. I received cash in my account (Fidelity) on 8/10, as the ICOI site predicted.

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!