Although homeowners, investors and economists pay close attention to the Case-Shiller indexes on major metropolitan housing, two exchange-traded funds from MacroShares that allowed investors to bet on the direction of home prices were shuttered this week.

With ever-increasingly esoteric ETFs constantly hitting the market, the fate of these two funds could portend more closings in the year ahead.

The two funds were the Major Housing Up ETF and the Major Metro Housing Down ETF. MacroShares is charging investors termination expenses ranging from 85 basis points to 90 basis points per share.

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