Tidal Trust II - Defiance Daily Target 2X Long WYFI ETF

WYFL uses swap agreements to make bullish bets on the WhiteFiber, Inc. (Ticker: WFYI) share price. WhiteFiber provides AI and HPC infrastructure & cloud and data center solutions, operating through the Cloud Services and Colocation Services segments. The fund seeks to maintain daily leveraged exposure equivalent to 200% of the daily percentage change in WFYI share price through daily rebalancing. As a leveraged product, it is designed for short-term tactical use, not as a long-term investment vehicle. Returns may deviate from the expected 2x if held longer than a single day due to factors like volatility and compounding effects. This strategy is high-risk and does not incorporate a defensive position. WFYL could potentially lose value over time, even if WFYI' performance is strong. It is expected to invest in US Government securities, money market funds, short-term bond ETFs, and corporate debt as collateral.