Defiance Daily Target 2x Long IREN ETF

IRE

Market cap $908M

NEW YORK, March 12, 2026 (GLOBE NEWSWIRE) -- Tidal Financial Group and Defiance ETFs announce reverse stock splits for twenty four of Defiance's exchange-traded funds (“ETFs”). These reverse splits are intended to reduce the number of outstanding shares and proportionally increase each fund's share price, with no impact on the total value of shareholders' investments.

NEW YORK, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Tidal Financial Group and Defiance ETFs announce reverse stock splits for twenty four of Defiance's exchange-traded funds (“ETFs”). These reverse splits are intended to reduce the number of outstanding shares and proportionally increase each fund's share price, with no impact on the total value of shareholders' investments.

The Defiance Daily Target 2X Long IREN ETF offers 2x daily exposure to IREN Limited and is best suited for short-term trading. IRE stands out for its exceptional liquidity, with $270mm in net assets and a $120.46mm average daily trading volume, supporting efficient execution. IREN is a high-growth, profitable data center operator with major expansion plans and trades at an attractive 23.15x GAAP P/E.