Defiance Daily Target 2x Long PM ETF

XPM

Market cap $568K

NEW YORK, Dec. 17, 2025 (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 Long JPM ETF (Nasdaq: JPX), the Defiance Daily Target 2X Long PM ETF (Nasdaq: XPM), and the Defiance Enhanced Long Vol ETF (Nasdaq: VIXI). 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.

Defiance ETFs launched a new leveraged fund on Thursday, designed to be used by investors seeking to increase their exposure to one of the largest tobacco firms in the world. The Defiance Daily Target 2X Long PM ETF ZYN has been designed to provide twice the daily performance of Philip Morris International Inc. PM.