Defiance Daily 2X Space ETF

SPCL

Market cap $17.5M

MILWAUKEE, July 02, 2026 (GLOBE NEWSWIRE) -- Tidal Trust II ("Tidal") is issuing this notice pursuant to Cboe BZX Exchange, Inc.'s ("Exchange") Rule 14.12(e) regarding a Public Reprimand Notice ("Notice") received from the Exchange on June 26, 2026. The Notice alleges a violation of the Exchange's Rule 14.2 and relates to the Defiance Daily 2X Space ETF's (“SPCL” or the “Fund”) exposure through a total return swap in Space Exploration Technologies Corp. (“SPCX”) on June 12, 2026.

SpaceX's (SPCX) demand post-IPO proves to Paul Marino that Wall Street has a huge appetite for new, innovative companies. He points to ETFs exposed to SpaceX his firm has and highlights strong demand trends backing the IPO launch. Slyvia Jablonski sees similar traction in ETFs her company offers. She explains how the Elon Musk-led stock is just the latest of many showing a growing trend of single-name leveraged ETFs.

MIAMI, June 12, 2026 (GLOBE NEWSWIRE) -- With SpaceX (NASDAQ: SPCX) expected to begin trading on the Nasdaq today, Defiance ETFs confirmed that the Defiance Daily 2X Space ETF (Cboe: SPCL) will seek 2X daily leveraged exposure to SpaceX Class A common stock within its portfolio, making it the first and only U.S. ETF to have 2X exposure to SpaceX on IPO day. The fund's SpaceX exposure was established at the $135 IPO price.