Globenewswire·2026-01-12 15:16Core Viewpoint - Tidal Investments LLC announced a temporary trading halt for the Defiance Daily Target 2X Long ONDS ETF due to an operational error related to an incorrect dividend posting [1][2]. Group 1: Operational Error - U.S. Bank, the fund's administrator, posted an incorrect dividend amount of approximately $800,000 to the fund, prompting the trading halt [2]. - The trading was halted to allow Tidal to evaluate and correct the impact of the incorrect dividend on the fund's Net Asset Value per share (NAV) [2]. Group 2: Corrective Actions - The issue has been identified and addressed, with appropriate corrective actions taken to ensure the accuracy of the fund's NAV [3]. - Tidal determined that the NAV for ONDL needed to be restated at $48.7330 per share as of January 9, 2026 [3]. - Trading resumed once the matter was resolved, indicating that the issue was effectively managed [3].