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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.

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Shares of Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ: MSTX - Get Free Report) fell 11.4% during mid-day trading on Friday. The stock traded as low as $3.95 and last traded at $4.05. 63,132,748 shares traded hands during mid-day trading, an increase of 8% from the average session volume of 58,704,004 shares. The stock

Defiance Daily Target 1.75X Long MSTR ETF (NASDAQ: MSTX - Get Free Report)'s stock price fell 3% during trading on Thursday. The stock traded as low as $4.20 and last traded at $4.24. 39,146,091 shares were traded during trading, an increase of 219% from the average session volume of 12,271,275 shares. The stock had previously