# EDGAR Filing Document

**Accession Number:** 0001924868
**File Stem:** 0001999371-25-015888
**Filing Date:** 2025-10
**Character Count:** 5724
**Document Hash:** 79358472375d08f859a1bd6550d8df25
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-25-015888.hdr.sgml**: 20251023

**ACCESSION NUMBER**: 0001999371-25-015888

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 17

**FILED AS OF DATE**: 20251023

**DATE AS OF CHANGE**: 20251023

**EFFECTIVENESS DATE**: 20251023

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tidal Trust II
- **CENTRAL INDEX KEY:** 0001924868

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-264478
- **FILM NUMBER:** 251411414

**BUSINESS ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 203
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204
- **BUSINESS PHONE:** (844) 986-7676

**MAIL ADDRESS:**
- **STREET 1:** 234 WEST FLORIDA STREET, SUITE 203
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53204

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Tidal ETF Trust II
- **DATE OF NAME CHANGE:** 20220421

## Series and Classes Contracts Data

### STKd 100% Bitcoin & 100% Gold ETF (Series ID: S000087755)

---

|  |  |  |
|:---|:---|:---|
| Class Name                        | Ticker Symbol | Class ID   |
| STKd 100% Bitcoin & 100% Gold ETF | BTGD          | C000253665 |

---

## Series and Classes Contracts Data

### STKd 100% Bitcoin & 100% Gold ETF (Series ID: S000087755)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000253665 | STKd 100% Bitcoin & 100% Gold ETF | BTGD            |

?xml version='1.0' encoding='ASCII'?

Filed pursuant to Rule 497(e)

Registration Nos. 333-264478; 811-23793

![A close up of a logo Description automatically generated](qflogo.jpg)

**STKd 100% BITCOIN & 100% GOLD ETF (BTGD)**

**(the "Fund")**

*listed on The Nasdaq Stock Market, LLC*

October 23, 2025

**Supplement to the Summary Prospectus, Prospectus and** 

**Statement of Additional Information ("SAI"),** 

**each dated July 29, 2025**

*Effective immediately, the defined term "Underlying Funds" included throughout the Fund's Summary Prospectus, Prospectus and SAI is revised to include exchange-traded funds ("ETFs") that are registered under the Investment Company Act of 1940, as amended.* 

*Effective immediately, the following disclosure is added to the section of the Summary Prospectus and Prospectus titled "Principal Investment Strategies."*

 

The Fund may utilize options strategies, including purchasing long call options and selling (writing) put options, that are designed to provide synthetic exposure to the share price returns of one or more Underlying Funds that provide exposure to bitcoin or gold. The Fund may also utilize options strategies with respect to indices that are designed to reflect the price returns of bitcoin or gold.

A put option on a security gives the purchaser of the option the right to sell, and the writer of the option the obligation to buy, the underlying security at any time during the option period. A call option on a security gives the purchaser of the option the right to buy, and the writer of the option the obligation to sell, the underlying security at any time during the option period. To the extent the Fund utilizes FLexible EXchange® ("FLEX") options, which provide the ability to customize key contract terms, the Fund is able to reduce the possibility of a written option being assigned at an inopportune time.

 

*Effective immediately, the following disclosure is added to the section of the Summary Prospectus and Prospectus titled "Principal Investment Risks – Derivatives Risks" and the section of the Prospectus titled "Principal Risks of Investing in the Fund – Derivatives Risks."*

 

*Options Contracts.* The use of options contracts involves investment strategies and risks different from those associated with ordinary portfolio securities transactions. The prices of options are volatile and are influenced by, among other things, actual and anticipated changes in the value of the underlying security or instrument, including the anticipated volatility, which is affected by fiscal and monetary policies, changes in the actual or implied volatility of the underlying security or instrument, the time remaining until the expiration of the option contract and economic events. The Fund may experience substantial downside from specific option positions and certain option positions held by the Fund may expire worthless. The options held by the Fund are exercisable at the strike price on their expiration date. As an option approaches its expiration date, its value typically increasingly moves with the value of the underlying security or instrument. However, prior to such date, the value of an option generally does not increase or decrease at the same rate as the underlying security or instrument. There may at times be an imperfect correlation between the movement in the values of options contracts and the underlying security or instrument, and there may at times not be a liquid secondary market for certain options contracts. The value of the options held by the Fund will be determined based on market quotations or other recognized pricing methods. Additionally, as the Fund may continuously maintain indirect exposure to one or more of the underlying securities or instruments through the use of options contracts, as the options contracts it holds are exercised or expire it will enter into new options contracts, a practice referred to as "rolling." If the expiring options contracts do not generate proceeds enough to cover the cost of entering into new options contracts, the Fund may experience losses.

 

**Please retain this Supplement for future reference.**