Tidal Financial Group Announces Reverse Stock Split for Defiance Daily Target 2X Short MSTR ETF (Ticker: SMST)

CHICAGO, Nov. 08, 2024 (GLOBE NEWSWIRE) -- Tidal Financial Group today announced that the Board of Trustees of Tidal Trust II (the Trust) has approved a reverse stock split for the Defiance Daily Target 2X Short MSTR ETF (SMST), which trades on The Nasdaq Stock Market, LLC. The reverse stock split is expected to take effect after the close of trading on the Nasdaq on November 15, 2024.

GlobeNewsWire • Nov 8, 2024

Defiance ETFs Announces Increase in Leverage for MSTX and SMST ETFs to 2x

MIAMI, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a pioneer in leveraged single-stock ETFs, is excited to announce an increase in leverage for two of its flagship products, MSTX and SMST, from 1.75x and 1.5x respectively to 2x daily target exposure. This change marks a strategic enhancement, positioning Defiance to stay at the forefront of the market amid increased investor interest.

GlobeNewsWire • Oct 29, 2024

Defiance ETFs Launches SMST: The First Short MicroStrategy ETF in the U.S.

MIAMI, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a leading innovator in exchange-traded funds, is excited to announce the launch of SMST: Defiance Daily Target 1.5X Short MSTR ETF. We believe this is a groundbreaking ETF—the first of its kind in the U.S. market—providing investors with 150% inverse daily exposure to MicroStrategy (NASDAQ: MSTR), a company renowned for its substantial investment in Bitcoin.

GlobeNewsWire • Aug 21, 2024