NEW YORK CITY, April 07, 2025 (WORLD NEWSWIRE)– Tidal Financial Group and Defiance ETFs today revealed its choice to close and liquidate the Defiance Daily Target 2x Long Uranium ETF URAX The Board of Trustees of Tidal Trust II and Defiance ETFs made this choice as part of Defiance’s continuous evaluation of its item lineup and dedication to providing financiers a concentrated suite of funds that finest serve their developing requirements.
The last day of trading on the NYSE Arca will be Wednesday, April 16, 2025 The fund will no longer accept production orders since this date. Investors who continue to hold shares of URAX on the fund’s last trading day will have their shares redeemed for money at the net property worth (NAV) since the liquidation date, Monday, April 21, 2025
Defiance motivates all investors of URAX to consult their monetary consultants relating to the ramifications of the liquidation on their specific tax scenario. Extra details about the closure procedure will be offered at www.defianceetfs.com/urax.
About Tidal Financial Group
Formed by ETF market leaders and believed leaders, Tidal Investments LLC is committed to reinventing ETF advancement, launch, marketing, and sales. With a concentrate on growing AUM, Tidal offers a thorough suite of services, proprietary tools, and approaches developed to bring enduring financial investment concepts to market. Tidal is dedicated to ETF development, gearing up providers with the intelligence and tools required to effectively release ETFs and enhance development capacity in an extremely competitive area. To find out more, see https://www.tidalfinancialgroup.com.
For more queries, please contact Gavin Filmore at gfilmore@tidalfg.com.
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