Correspondence 0001999371-24-007506 from Tidal Trust II (CIK 0001924868)

Tidal Trust II (CIK 0001924868)
Date: June 17, 2024 · CIK: 0001924868 · Accession: 0001999371-24-007506

View on Edgar

AI Filing Summary & Sentiment

File numbers found in text: 333-264478, 811-23793

Date

June 17, 2024

Author

/s/ Michael Pellegrino

Form

CORRESP

Company

Tidal Trust II (CIK 0001924868)

Letter

VIA EDGAR TRANSMISSION Division of Investment Management, Disclosure Review Office Washington, D.C. 20549 Re: Tidal Trust II (the “Trust”) Post-Effective Amendment No. 195 to the Trust’s Registration Statement on Form N-1A (the “Amendment”) File Nos. 811-23793; 333-264478

Dear Mr. Mathews:

This correspondence concerns the Amendment and the Trust’s proposed new series, the Defiance 2X Short MSTR ETF (the “Fund”). After further analysis of the Fund’s strategy and VaR calculations over various periods, the Trust has decided to reduce the Fund’s leverage target. Initially, the Fund’s leverage target was -200%, which was then reduced to -175%. The new leverage target will be -150%. Consequently, the Fund’s name has been changed to “Defiance Daily Target 1.5X Short MSTR ETF.”

If you have any questions or require further information, please contact Michael Pellegrino at (844) 986-7700 (Extension 746) or mpellegrino@tidalfg.com.

Sincerely,
/s/ Michael Pellegrino

Show Raw Text

CORRESP
1
filename1.htm

Tidal Trust II

234 West Florida Street, Suite 203

Milwaukee, Wisconsin 53204

June 17, 2024

VIA EDGAR TRANSMISSION

Mr. David Mathews

Division of Investment Management, Disclosure Review Office

U.S. Securities and Exchange Commission

100 F Street, N.E.

Washington, D.C. 20549

    Re:
    Tidal Trust II (the “Trust”)

    Post-Effective Amendment No. 195 to the Trust’s Registration Statement on Form N-1A (the “Amendment”)

    File Nos. 811-23793; 333-264478

Dear Mr. Mathews:

This correspondence concerns the Amendment and the
Trust’s proposed new series, the Defiance 2X Short MSTR ETF (the “Fund”). After further analysis of the Fund’s
strategy and VaR calculations over various periods, the Trust has decided to reduce the Fund’s leverage target. Initially, the Fund’s
leverage target was -200%, which was then reduced to -175%. The new leverage target will be -150%. Consequently, the Fund’s name
has been changed to “Defiance Daily Target 1.5X Short MSTR ETF.”

If you have any questions or require further information,
please contact Michael Pellegrino at (844) 986-7700 (Extension 746) or mpellegrino@tidalfg.com.

Sincerely,

    /s/ Michael Pellegrino

    Michael Pellegrino

    General Counsel

    Tidal Investments LLC

SecProbe.io