What happens if an etf is delisted? Will I still be paid fir my stock? Will I get full value?

If an ETF is delisted, you will not receive your shares back; instead, you will receive a payout based on the net asset value (NAV) of the ETF. Here's what you need to know:

1. Distribution of Assets: After an ETF is delisted, the remaining assets of the fund are liquidated, and the proceeds are distributed to investors. This distribution is typically made in cash and is based on the NAV of the ETF, not the original purchase price or the market value of the shares.
2. Timing of Distribution: Investors typically receive the distribution within a few business days to a week after the liquidation, although this can vary depending on the circumstances.
3. Value of Distribution: The payout you receive will be equal to your share of the NAV of the ETF. This means that you will not receive the full market value of your shares, as the NAV may not reflect the current market price. In some cases, the NAV may be lower than the market price, which can result in a loss for investors.
4. Tax Consequences: For investors in taxable accounts, the closure of an ETF and the resulting distribution may have tax consequences. Capital gains or losses may be recognized, and investors should consult with a tax advisor to understand their specific tax liability.
5. Alternatives for Investors: After an ETF is delisted, investors may have the option to exchange their shares for shares of a similar ETF or to receive a cash distribution. The decision on the distribution method may depend on the terms of the ETF's prospectus and the preferences of the fund's management company.

In summary, while you will receive a payout based on the NAV of the ETF upon its delisting, it will not be equal to the full market value of your shares, and you may incur tax consequences. It is important to review the terms of the ETF's prospectus and consult with a financial advisor to understand the potential impact of delisting on your investment.