Tidal Trust II has announced that its STKD Bitcoin & Gold ETF will be rebranded as the STKd 100% Bitcoin & 100% Gold ETF starting February 17, 2025. The fund will retain its ticker symbol, BTGD, and will continue to trade on Nasdaq. This name change reflects the fund’s strategy aimed at providing investors with exposure to both Bitcoin and Gold, while maintaining its current investment structure and management. Important documentation will be updated to reflect this change. Investors are encouraged to review the prospectus for detailed information about potential risks and the fund’s investment approach. For more insights, visit Tidal Financial Group’s website.
Tidal Trust II Announces Name Change for Bitcoin and Gold ETF
CHICAGO, Feb. 7, 2025 – Tidal Trust II has announced an important update regarding its investment fund. The STKD Bitcoin & Gold ETF is set to change its name to the STKd 100% Bitcoin & 100% Gold ETF, effective February 17, 2025. This fund will continue trading on The Nasdaq Stock Market under the ticker symbol, BTGD.
The name change reflects the fund’s clear investment strategy, designed to give investors a balanced approach to both Bitcoin and Gold. The investment method and management of the fund will remain the same, ensuring that the focus is still on offering a diversified mix of digital and traditional assets.
Following the name change, all documents related to the fund—including the Prospectus, Summary Prospectus, and Statement of Additional Information—will also be updated to reflect the new name. Investors are encouraged to keep the official supplement documentation for reference.
Investors should note that the fund does not invest directly in Bitcoin or Gold. Instead, it gains exposure through various mechanisms including futures contracts.
About Tidal Financial Group
Tidal Financial Group is a prominent player in the ETF Market, known for providing innovative investment solutions that align with the ever-changing landscape of the financial world. Their expertise lies in fund management, strategy development, and operational support, presenting unique investment opportunities to clients.
Key Takeaways:
– The STKD Bitcoin & Gold ETF will change to STKd 100% Bitcoin & 100% Gold ETF on February 17, 2025.
– The fund’s strategy remains unchanged, focusing on a blend of Bitcoin and Gold investments.
– Investors are advised to keep updated documents.
For further information about the STKd 100% Bitcoin & 100% Gold ETF, visit Tidal Financial Group’s website or reach out to their investor relations team.
Understanding the risks related to this type of investment is crucial. Bitcoin is known for its price volatility, and the nature of digital assets can change rapidly. It’s recommended that investors carefully consider all relevant factors before making investment decisions.
Stay informed by following updates from Tidal Financial Group as they continue to innovate in the ETF space.
What is Tidal Trust II’s recent announcement?
Tidal Trust II has announced that STKD, which was previously linked to Bitcoin and Gold, has undergone a name change.
Why did Tidal Trust II change the name of STKD?
The name change aims to better reflect the updated focus and objectives of the STKD product while enhancing clarity for investors.
What does STKD stand for now?
The new name for STKD has not been specified in the announcement yet, but it is designed to show a strong connection to its core assets.
How will this name change affect investors?
Investors can expect more clear branding and possibly more targeted investment strategies. It should help them understand what STKD offers.
Where can I find more information about the name change?
For more details, you can visit Tidal Trust II’s official website or check financial news outlets for further updates on STKD’s name change and implications.