Defiance Next Gen H2 ETF

HDRO

Market cap $13.7M

MIAMI, April 10, 2025 (GLOBE NEWSWIRE) -- The Board of Trustees of ETF Series Solutions, upon recommendations from Defiance ETFs, LLC, the investment adviser to the Defiance Hotel, Airline, and Cruise ETF (CRUZ) and the Defiance Next Gen H2 ETF (HDRO) (each, a “Fund,” and together, the “Funds”), has determined to close and liquidate the Funds immediately after the close of business on April 29, 2025. Shares of the Funds are listed on the New York Stock Exchange (NYSE).

Wall Street was upbeat last week with the Dow Jones and the S&P 500 hitting all-time highs last week.

Defiance ETFs, LLC announced today that the Board of Trustees of ETF Series Solutions has approved a one-for-eight (1-for-8) reverse split of the Defiance

Global demand for hydrogen could get explosive. In fact, with growing demand, the market could be worth about $410.6 billion by 2030 from $242.7 billion in 2023, according to Markets and Markets.

Hydrogen ETFs soared in the month of May. The ongoing AI boom, which led to an increased need for clean and sustainable energy sources, probably has led to the rally.

After a dismal performance in the first four months, the renewable energy space showed a remarkable comeback in May driven by bullishness surrounding artificial intelligence (AI).

Wall Street has experienced a robust upswing in May, driven by fresh expectations of Federal Reserve rate reductions at the initial phase of the month, strong corporate profits, and the artificial intelligence (AI) craze. This month, all three principal indexes soared to unprecedented heights.

Renewable energy ETFs are making a comeback after a dismal showing in the first half of the year. And much of the gains have been fueled by an unlikely source – the rising tide of bullishness over artificial intelligence.

U.S. stocks managed to reclaim ground by the end of a turbulent week, signaling a potential recovery.

Crisis will eventually lead to opportunity with some of the top hydrogen stocks to buy. For one, the industry is still waiting to see if restrictive Section 45V tax credits will be loosened.