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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.

Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ: MSTX) shares are scheduled to reverse split before the market opens on Wednesday, March 18th. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Tuesday, March 17th. Defiance Daily Target 1.75X Long

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.

MSTX, the Defiance Daily Target 2X Long MSTR ETF, remains a 'Sell' after collapsing over 90% in the past year. The ETF's structure amplifies downside as MSTR shares fall, with current price action risking delisting unless a reverse split occurs. MSTR's balance sheet is stable until 2028, but its equity is highly sensitive to further bitcoin declines, driving continued bearishness.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.