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Wu said that Tidal Financial Group and Defiance announced their decision to close and liquidate 8 ETFs listed on NASDAQ, including the crypto-related Defiance Leveraged Long and Yield Ethereum ETF (ETHI). The last trading day for these funds on NASDAQ is scheduled for January 26, 2026, after which they will be delisted. Shareholders holding shares as of the liquidation date on January 30 will automatically redeem cash based on net asset value. The official statement indicated that this move is part of ongoing product line reviews aimed at adjusting strategies according to market conditions.