11/06/2025 | Press release | Distributed by Public on 11/06/2025 06:46
Filed pursuant to Rule 497(e)
Registration Nos. 333-264478; 811-23793
Defiance Daily Target 2X Long B ETF (BU)
(the "Fund")
listed on The Nasdaq Stock Market, LLC
November 6, 2025
Supplement to the Prospectus
and Statement of Additional Information ("SAI"),
each dated August 29, 2025
Effective immediately, the Fund's name is changed in accordance with the following chart. Accordingly, all references to the Fund's name in the Prospectus and SAI are hereby amended and restated to reflect the Fund's new name.
| Prior Name | New Name |
| Defiance Daily Target 2X Long GOLD ETF | Defiance Daily Target 2X Long B ETF |
Please retain this Supplement for future reference.