Private equity firm Madison Dearborn is acquiring USCF ETFs through its holding company Marygold (MGLD) for $2 per share. USCF manages $6 billion in assets, with the United States Oil Fund (USO) as its largest product. Marygold shares surged 91% this morning following the acquisition announcement. Tim Rotolo, known for launching the URNM ETF, will join to lead and expand the ETF business under the new ownership structure. The appointment signals a strategic focus on growing the platform ahead of a potential future sale.