MIAMI, June 09, 2026 (GLOBE NEWSWIRE) -- Defiance ETFs is proud to announce the launch of the Defiance Daily Target 2X Short MU ETF (Ticker: MUZ) , the newest addition to its growing suite of single-stock leveraged and inverse ETFs. MUZ is designed for traders seeking magnified, short-term bearish exposure to Micron Technology, Inc. (Nasdaq: MU), one of the world's leading designers and manufacturers of memory and storage technologies. The fund seeks to deliver -200% of the daily percentage change in the share price of MU, before fees and expenses—allowing investors to express tactical downside views on one of the most influential companies in the global semiconductor ecosystem, within the liquidity and transparency of an ETF. Investment Objective The Fund seeks daily inverse investment results, before fees and expenses, of -2 times (-200%) the daily percentage change in the share price of Micron Technology, Inc. (Nasdaq: MU). The Fund does not seek to achieve its stated investment objective for a period other than a single trading day. Underlying Stock: Micron Technology, Inc. Micron Technology, Inc. designs and manufactures memory and storage technologies, including DRAM, NAND, and NOR products for PCs, servers, mobile devices, and embedded systems. The company's innovations support applications across computing, communications, artificial intelligence, and data center infrastructure. Its products are integral to advancing performance and efficiency across a wide range of industries and technologies. An investment in MUZ is not an investment in Micron Technology, Inc. The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged inverse (-2X) investment results, understand the risks associated with the use of leverage, and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. The Fund pursues daily leveraged investment objectives, which means it is riskier than alternatives that do not use leverage. The Fund magnifies the inverse performance of the Underlying Security and is designed strictly for short-term use. For periods longer than a single day, the Fund's performance will be the result of compounded daily returns, which is very likely to differ from -200% of the return of MU over the same period. It is possible investors could lose their entire principal within a single trading day. About Defiance ETFs Founded in 2018, Defiance is at the forefront of ETF innovation. We are a leading ETF issuer specializing in thematic, income, and leveraged ETFs . Our first-mover leveraged single-stock ETFs empower investors to take amplified positions in high-growth companies, providing precise leverage exposure without the need to open a margin account. Media Contact Sylvia Jablonski info@defianceetfs.com 833.333.9383 IMPORTANT DISCLOSURES Defiance ETFs LLC is the ETF sponsor. The Fund's investment adviser is Tidal Investments, LLC (“Tidal” or the “Adviser”). The Fund's investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus and summary prospectus contain this and other important information about the investment company. Please read the prospectus and/or summary prospectus carefully before investing. Hard copies can be requested by calling 833.333.9383. Investing involves risk. Principal loss is possible. As an ETF, the Fund may trade at a premium or discount to NAV. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. A portfolio concentrated in a single issuer or sector may be subject to a higher degree of risk. There is no guarantee the Fund's strategy will be properly implemented, and an investor may lose some or all of their investment. MU Price Appreciation Risk. As part of the Fund’s inverse investment strategy, the Fund enters into swap contracts and options contracts based on the share price of Micron Technology, Inc. (“MU”) common stock (the “Underlying Security”). This strategy subjects the Fund to certain of the same risks as if it shorted shares of the Underlying Security, even though it does not. By virtue of the Fund’s indirect -2X exposure to changes in the share price of the Underlying Security, the Fund is subject to the risk that the Underlying Security’s share price increases. If the share price of the Underlying Security increases, the Fund will likely lose value and, as a result, the Fund may suffer significant losses. The Fund may also be subject to the following risks: Indirect Investment in MU Risk. Micron Technology, Inc. is not affiliated with the Trust, the Fund, the Adviser, or their respective affiliates, and is not involved with this offering in any way. MU has no obligation to consider the Fund or its shareholders in taki