Butenolides, obtained by ring‐closing metathesis (RCM) of acrylates, undergo quantitative deprotonation with amide bases. Trapping of the resulting anions with electrophiles, for example, chlorophosphates, give furans. Subsequent Diels–Alder reaction and acid‐catalysed rearrangement of the resulting oxabicyclonorbornadienes give substituted benzenes.