Defiance Daily Target 2x Short RGTI ETF

RGTZ

Market cap $12.8M

NEW YORK, July 17, 2026 (GLOBE NEWSWIRE) -- Tidal Financial Group and Defiance ETFs announce reverse stock splits for eleven of Defiance's leveraged 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.

There is no shortage of reasons for investors to be bearish in April 2026. From uncertainties surrounding the Iran war and the energy market to questions about the future of artificial intelligence and its implications for the workforce, those not pleased with the market's direction might want to find a way to benefit from their expectation that things could get worse.

Leveraged ETFs tied to natural gas and short bets on quantum and miners surged last week amid Fed jitters and sector rotation.

The quantum computing hype train has hit turbulence. While most quantum ETFs are on the downhill ride, one ETF is cashing in on the chaos and another is staying resilient.