Defiance ETFs Announces Closure of ASTN, STSM, and RKLZ Funds

NEW YORK, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Tidal Financial Group and Defiance ETFs today announced their decision to close and liquidate three exchange-traded funds: the Defiance Daily Target 2X Short ASTS ETF (Cboe: ASTN), the Defiance Daily Target 2X Short TSM ETF (NYSE: STSM), and the Defiance Daily Target 2X Short RKLB ETF (Nasdaq: RKLZ). The Board of Trustees of Tidal Trust II and Defiance ETFs approved this action as part of Defiance's ongoing review of its product lineup and its commitment to offering investors a focused suite of strategies aligned with evolving market needs.