Important Fund Information

The T-REX 2X Long Anthropic Daily Target ETF is a series of ETF Opportunities Trust. Its registration statement is not yet effective and shares are not available for purchase.

An investment in the Fund is not equivalent to investing directly in Anthropic.

BEFORE INVESTING YOU SHOULD CAREFULLY CONSIDER THE FUND’S INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES. THIS AND OTHER INFORMATION IS IN THE PROSPECTUS, A COPY OF WHICH MAY BE OBTAINED FROM (833) 759-6110 OR AT THE FUND’S PRELIMINARY PROSPECTUS ON EDGAR. PLEASE READ THE PROSPECTUS CAREFULLY BEFORE YOU INVEST.

INFORMATION CONTAINED HEREIN IS SUBJECT TO COMPLETION OR AMENDMENT. A REGISTRATION STATEMENT RELATING TO THESE SECURITIES HAS BEEN FILED WITH THE SECURITIES AND EXCHANGE COMMISSION BUT HAS NOT YET BECOME EFFECTIVE. THESE SECURITIES MAY NOT BE SOLD NOR MAY OFFERS TO BUY BE ACCEPTED PRIOR TO THE TIME THE REGISTRATION STATEMENT BECOMES EFFECTIVE. THIS COMMUNICATION SHALL NOT CONSTITUTE AN OFFER TO BUY OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY STATE IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER SECURITIES LAWS OF ANY SUCH STATE.

AN INDICATION OF INTEREST IN RESPONSE TO THIS ADVERTISEMENT WILL INVOLVE NO OBLIGATION OR COMMITMENT OF ANY KIND.

The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. For periods longer than a single day, the Fund will lose money if Anthropic's performance is flat, and it is possible that the Fund will lose money even if Anthropic's performance increases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day if the price of Anthropic falls by more than 50% in one trading day.

Fund Risks

Effects of Compounding and Market Volatility Risk. The Fund has a daily leveraged investment objective and the Fund’s performance for periods greater than a trading day will be the result of each day's returns compounded over the period, which is very likely to differ from 200% of Anthropic’s performance, before fees and expenses. Compounding affects all investments, but has a more significant impact on funds that are leveraged and that rebalance daily and becomes more pronounced as volatility and holding periods increase. The effects of compounding will impact each shareholder differently depending on the period of time an investment in the Fund is held and the volatility of Anthropic during the shareholder’s holding period of an investment in the Fund.

Leverage Risk. The Fund obtains investment exposure in excess of its net assets by utilizing leverage and may lose more money in market conditions that are adverse to its investment objective than a fund that does not utilize leverage. An investment in the Fund is exposed to the risk that a decline in the daily performance of Anthropic will be magnified. This means that an investment in the Fund will be reduced by an amount equal to 2% for every 1% daily decline in Anthropic, not including the costs of financing leverage and other operating expenses, which would further reduce its value. The Fund could theoretically lose an amount greater than its net assets in the event of a security decline of more than 50%. This would result in a total loss of a shareholder’s investment in one day even if Anthropic subsequently moves in the opposite direction and eliminates all or a portion of its earlier daily change. A total loss may occur in a single day even if Anthropic does not lose all of its value. Leverage will also have the effect of magnifying any differences in the Fund’s correlation with Anthropic and may increase the volatility of the Fund.

Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. Investing in derivatives may be considered aggressive and may expose the Fund to greater risks, and may result in larger losses or small gains, than investing directly in the reference assets underlying those derivatives, which may prevent the Fund from achieving its investment objective.

FLEX Options Risk. The FLEX Options held by the Fund will be exercisable at the strike price only on their expiration date. Prior to the expiration date, the value of the FLEX Options will be determined based upon market quotations or using other recognized pricing methods. The value of the FLEX Options prior to the expiration date may vary because of related factors other than the value of the reference asset. Factors that may influence the value of the FLEX Options, other than gains or losses in the reference asset, may include interest rate changes, changing supply and demand, decreased liquidity of the FLEX Options, and changing volatility levels of the reference asset.

Indirect Investment Risk. Anthropic is not affiliated with the Trust, the Adviser, or any affiliates thereof and is not involved with this offering in any way, and has no obligation to consider the Fund in taking any corporate actions that might affect the value of the Fund. The Trust, the Fund and any affiliate are not responsible for the performance of Anthropic and make no representation as to the performance of Anthropic. Investing in the Fund is not equivalent to investing in Anthropic. Fund shareholders will not have voting rights or rights to receive dividends or other distributions or any other rights with respect to Anthropic.

Anthropic Investing Risk. Anthropic’s financial performance and valuation may depend on the successful development, commercialization and adoption of its artificial intelligence technologies. The company’s business model may rely on continued demand for advanced AI models, cloud-based AI services and enterprise AI applications. Anthropic may require substantial ongoing investment in research, computing infrastructure and data resources to remain competitive in the AI industry. The company’s growth prospects may also depend on its ability to maintain strategic partnerships, secure access to computing resources and attract and retain highly skilled researchers and engineers. In addition, the long-term commercial applications and revenue models for advanced AI technologies are still evolving, and the market for such technologies may develop differently than currently anticipated. If Anthropic is unable to successfully develop, deploy or monetize its AI technologies, its financial condition, operating results or market valuation could be adversely affected, which could negatively affect the value of the Fund’s investments.

Newly Public Company Risk. Anthropic may have only recently become a publicly traded company and therefore may have a limited operating history as a public company. Newly public companies may experience increased volatility in their stock prices due to factors such as market speculation, evolving investor expectations, limited trading history, changes in analyst coverage, and the transition to public company reporting and governance requirements. In addition, newly public companies may face increased scrutiny from regulators, investors and market participants, and their financial results, business strategies and public disclosures may evolve as they adapt to operating as public companies. These factors may cause the price of Anthropic’s securities to be more volatile than those of more established public companies.

AI Safety and Regulatory Risk. Artificial intelligence technologies are subject to increasing regulatory scrutiny in the United States and internationally. Governments and regulatory bodies are considering and, in some cases, implementing new rules governing the development, deployment and commercialization of advanced AI systems. Such regulations may address areas including model safety testing, transparency, data governance, national security concerns, export controls, intellectual property rights and the potential societal impacts of AI technologies. Compliance with evolving regulatory frameworks may increase operating costs, require modifications to AI models or limit the deployment of certain technologies. Regulatory requirements could also delay the commercialization of AI systems or restrict the availability of certain capabilities in particular markets. In addition, regulatory uncertainty may create operational and strategic challenges for companies operating in the AI industry. Any significant regulatory changes affecting the development or deployment of AI technologies could adversely affect Anthropic’s business, operations or growth prospects, which in turn could negatively affect the value of the Fund’s investments.

Industry Concentration Risk. The Fund will be concentrated in the industry to which Anthropic is assigned (i.e., hold more than 25% of its total assets in investments that provide exposure to the industry to which Anthropic is assigned). A portfolio concentrated in a particular industry may present more risks than a portfolio broadly diversified over several industries. As of the date of this prospectus, Anthropic is assigned to the generative AI and information technology industry.

Non-Diversification Risk. The Fund is classified as “non-diversified” under the Investment Company Act of 1940, as amended. This means it has the ability to invest a relatively high percentage of its assets in the securities of a small number of issuers or in financial instruments with a single counterparty or a few counterparties. This may increase the Fund’s volatility and increase the risk that the Fund’s performance will decline based on the performance of a single issuer or the credit of a single counterparty and make the Fund more susceptible to risks associated with a single economic, political, or regulatory occurrence than a diversified fund.

New Fund Risk. As of the date of this prospectus, the Fund has no operating history and currently has fewer assets than larger funds. Like other new funds, large inflows and outflows may impact the Fund’s market exposure for limited periods of time. This impact may be positive or negative, depending on the direction of market movement during the period affected.

Unlike traditional ETFs, or even other leveraged and/or inverse ETFs, this leveraged single-stock ETF tracks the price of a single stock rather than an index, eliminating the benefits of diversification. Leveraged ETFs pursue daily leveraged investment objectives, which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying stock's performance over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments.

Anthropic is not affiliated with REX Shares, the Trust, or the Fund's adviser. Investing involves risk, including possible loss of principal. Nothing on this page is a recommendation to buy or sell any security.

Funds distributed by Foreside Fund Services, LLC, member FINRA.