PLTZ Overview

Reverse Stock Splits Announcement: Tidal Financial Group and Defiance ETFs are implementing reverse stock splits for five leveraged ETFs, effective December 9, 2025, to reduce outstanding shares and increase share prices without affecting total investment value.

Details of the Splits: The reverse split ratios vary by fund, with reductions in outstanding shares ranging from 75% to 87.5%, and shareholders will automatically receive adjusted share balances without needing to take any action.

Fractional Shares and Tax Considerations: Shareholders may receive cash compensation for fractional shares resulting from the splits, which could have tax implications, prompting the need for consultation with tax advisors.

About Defiance ETFs and Tidal Financial Group: Defiance ETFs focuses on thematic and leveraged ETFs for innovative market exposure, while Tidal Financial Group offers comprehensive ETF solutions to help asset managers launch differentiated strategies.

ETF Outflow Details: The Defiance Daily Target 2X Short PLTR ETF experienced the largest outflow, losing 1,640,000 units, which is a 26.7% decrease in outstanding units compared to the previous week.

Author's Perspective: The opinions expressed in the article are solely those of the author and do not necessarily represent the views of Nasdaq, Inc.

ETF Outflow Details: The Defiance Daily Target 2X Short PLTR ETF experienced the largest outflow, losing 4,000,000 units.

Percentage Decline: This outflow represents a significant 37.5% decline in outstanding units compared to the previous week.

Video Content: There is a video segment discussing other ETFs, specifically SCHF and PLTZ, related to big outflows.

Author's Perspective: The views expressed in the article are those of the author and do not necessarily reflect Nasdaq, Inc.'s opinions.

New ETF Launches: Defiance ETFs has introduced three new single-stock ETFs that provide daily leveraged and inverse exposure to tech stocks IonQ, Oklo, and SoundHound AI, following the launch of the Daily Target 2x Short PLTR ETF focused on Palantir Technologies.

Trading Strategy and Risks: These ETFs are designed for short-term tactical trading with a focus on high-risk, high-reward opportunities in emerging technologies, but they require active management due to potential volatility and unintended consequences from holding them longer than one day.

Launch of PLTZ ETF: Defiance ETFs has introduced the PLTZ ETF, a leveraged inverse fund targeting Palantir Technologies Inc., allowing short sellers to profit from declines in the company's stock price with a goal of achieving -200% daily returns relative to Palantir's movements.

Political Controversy and Market Impact: Amidst renewed scrutiny over Palantir's government contracts and data practices, CEO Alex Karp defended the company against allegations of unlawful surveillance, potentially increasing interest in the PLTZ ETF among traders looking to capitalize on the volatility surrounding Palantir.