U.S. Options

The following ETF's have announced reverse stock splits effective for Tuesday, December 2, 2025:

• YieldMax COIN Option Income Strategy ETF (CONY) changes to (CONY1)
• Tradr 2X Long CRWV Daily ETF (CWVX) changes to (CWVX1)

CONY1 and CWVX1 will be available for trading on the MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange on Tuesday, December 2, 2025.

No options on the underlying CONY and CWVX will be available for trading on Tuesday, December 2, 2025.

All GTC orders resting on the MIAX order books in CONY and CWVX will be canceled at the close of business on Monday, December 1, 2025.

CONY and CWVX will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Sapphire Options Exchange on Wednesday, December 3, 2025.

NOTE:

• CONY1 and CWVX1 options will trade on Cloud 3 on the MIAX Options Exchange, on Cloud 2 on the MIAX Pearl Options Exchange, the MIAX Emerald Options Exchange and the MIAX Sapphire Options Exchange.

Market Makers can use the Member Firm Portal (MFP) to manage their option class assignments. Please note:

• CONY should be used for class assignments in CONY1 via MFP
• CWVX should be used for class assignments in CWVX1 via MFP

All LMM and RMM Option Class Assignments must be entered prior to 6:00 PM ET on the business day immediately preceding the effective date.  All changes made after 6:00 PM ET on a given day will be effective two trading days later.

MIAX Options and MIAX Emerald Primary Lead Market Maker (PLMM) assignments and un-assignments will not be supported via the MFP. 
 
Additional details about the above ProShare ETF reverse splits are provided in the attached OCC Memos.

Please contact MIAX Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.