Tidal ETF Trust II

09/18/2025 | Press release | Distributed by Public on 09/18/2025 07:15

Prospectus by Investment Company (Form 497)

Filed pursuant to Rule 497(e)

Registration Nos. 333-264478; 811-23793

YieldMax® BABA Option Income Strategy ETF (BABO)

YieldMax® CVNA Option Income Strategy ETF (CVNY)

YieldMax® DKNG Option Income Strategy ETF (DRAY)

YieldMax® HOOD Option Income Strategy ETF (HOOY)

YieldMax® JD Option Income Strategy ETF (JDY)

YieldMax® MARA Option Income Strategy ETF (MARO)

YieldMax® PDD Option Income Strategy ETF (PDDY)

YieldMax® PLTR Option Income Strategy ETF (PLTY)

YieldMax® RBLX Option Income Strategy ETF (RBLY)

YieldMax® SHOP Option Income Strategy ETF (SHOY)

YieldMax® SMCI Option Income Strategy ETF (SMCY)

YieldMax® TSM Option Income Strategy ETF (TSMY)

Each listed on NYSE Arca, Inc.

September 18, 2025

Supplement to the Prospectus and

Statement of Additional Information ("SAI"),

each dated February 28, 2025,

and where applicable a Fund's Summary Prospectus

Effective on October 1, 2025, all references in the Funds' summary prospectuses, prospectus and SAI to the frequency of the Funds' payment of income distributions are hereby changed to reflect that the Funds will seek to make such distributions on a monthly or more frequent basis.

Please retain this Supplement for future reference.

Tidal ETF Trust II published this content on September 18, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on September 18, 2025 at 13:15 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 If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]