Tidal ETF Trust II

10/14/2025 | Press release | Distributed by Public on 10/14/2025 08:20

Prospectus by Investment Company (Form 497)

Filed pursuant to Rule 497(e)

Registration Nos. 333-264478; 811-23793

YieldMax® MSTR Option Income Strategy ETF (MSTY)

Each listed on NYSE Arca, Inc.

October 14, 2025

Supplement to the Summary Prospectus, Prospectus and
Statement of Additional Information ("SAI"),
each dated February 28, 2025

Effective immediately, all references in the Fund's summary prospectus, prospectus and SAI to the frequency of the Fund's payment of income distributions are hereby changed to reflect that the Fund will seek to make such distributions on a weekly basis.

Please retain this Supplement for future reference.

Tidal ETF Trust II published this content on October 14, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on October 14, 2025 at 14:21 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]