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ETFs

Defiance ETFs to Liquidate Three Exchange-Traded Funds

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Defiance ETFs and Tidal Financial Group have announced the closure of three funds, effective November 23, 2026.

Defiance ETFs, in collaboration with Tidal Financial Group, has revealed plans to close three exchange-traded funds (ETFs): the Defiance Daily Target 2X Long Copper Miners ETF (COPZ), the Defiance Daily Target 2X Long KEEL ETF (KEEX), and the Defiance Daily Target 2X Long RCAT ETF (RCAX).

Reasons for Closure

The decision to liquidate these funds comes after a thorough review by the Board of Trustees at Tidal Trust II. Defiance ETFs aims to streamline its product offerings, ensuring a focused approach that aligns with the shifting demands of the market. The company remains committed to providing investors with a tailored suite of investment strategies.

Trading and Redemption Details

Investors should note that the final trading day for these ETFs will fall on Monday, November 23, 2026. After the closing of the market on this date, these funds will cease to accept any further creation orders.

For shareholders retaining their shares until the liquidation date of November 30, 2026, there will be an automatic cash redemption based on the funds' net asset value (NAV) as of the liquidation date. This means that shareholders will receive cash equivalent to the value of their shares at that time.

Advisory for Shareholders

Defiance ETFs encourages all affected shareholders to reach out to their financial or tax advisors to understand how this liquidation may impact their individual investment situations. It’s important for investors to stay informed and make necessary decisions regarding their portfolios.

About Tidal Financial Group

Tidal Financial Group, comprised of pioneers in the ETF industry, focuses on transforming how ETFs are developed, marketed, and launched. With a commitment to growing assets under management (AUM), Tidal provides a diverse array of services and cutting-edge tools designed to introduce compelling investment concepts to the market.

The firm is devoted to the innovation of exchange-traded funds, equipping issuers with the insights and resources necessary to efficiently launch new products and maximize their growth potential within a competitive landscape. To learn more about Tidal Financial Group, visit their website.

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