Filed pursuant to Rule
Registration Nos. 333-264478; 811-23793
YieldMax® MSTR Option Income Strategy ETF (MSTY)
Each listed on NYSE Arca, Inc.
Supplement to the Summary Prospectus,
Prospectus and
Statement of Additional Information (“SAI”),
each dated
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.