Tidal Trust V makes two Defiance long/short ETFs immediately effective
Tidal Trust V's September 15, 2026 485BPOS takes effect on filing and covers Defiance LSSE and LSCM at a 0.75% unitary fee.
Tidal Trust V put Post-Effective Amendment No. 60 in front of the SEC on Tuesday, and the trust checked the box that makes the paper effective immediately under Rule 485(b). The explanatory note says the filing answers staff comments on two new series and makes other changes the rule allows.
The prospectus, dated Tuesday, September 15, 2026, covers the Defiance Long/Short Space Economy vs. Legacy Communications ETF LSSE and the Defiance Long/Short AI Compute vs. Legacy Software ETF LSCM. Both are named as listings on Cboe BZX Exchange. Tidal Investments LLC is the adviser. Foreside Fund Services, LLC is the distributor.
Each series pays the adviser a unitary management fee of 0.75% a year, calculated daily and paid monthly. The filing shows no financial highlights. The funds have not completed an initial fiscal period.
The two series first appeared in a July 2 registration. Tuesday’s amendment is the staff-comment response that makes that registration effective. It is not a listing notice, and it does not start trading.
Frequently asked
What do the two ETFs actually hold?
The article does not describe the holdings beyond the names: one pairs space economy against legacy communications, the other AI compute against legacy software.
Where would they trade?
Both are named as listings on Cboe BZX Exchange.
Does this mean they are trading now?
No, the amendment makes the registration effective but does not start trading.
Is there any performance record to look at?
No, the filing shows no financial highlights because neither fund has completed an initial fiscal period.