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Closures

Defiance Shuts Down 2X Long MP Materials ETF

Defiance Daily Target 2X Long MP ETF (MPL) is being liquidated after adviser Tidal Investments recommended that closure was in shareholders’ best interests. The leveraged ETF stopped accepting purchases and ceased regular NYSE Arca trading after Aug. 27, 2026. During the wind-down, the portfolio will shift toward cash and no longer pursue its stated investment strategy. Remaining shareholders are expected to receive pro rata cash proceeds when the fund liquidates around Sept. 8, after transaction costs. The liquidation may create taxable capital gains or losses for investors.

At a glance
Beat
Closures
Issuer
Defiance Investments
Region
United States
Filed
31 August 2026

Source: SEC Filings

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