NEW YORK & DALLAS, August 21, 2025 — Tidal Investments LLC today announced that the team behind The Free Markets ETF (Ticker: FMKT) has completed its dual listing on NYSE Texas, in addition to its existing listing on NYSE Arca. Shares of FMKT begin trading today on NYSE Texas, which launched earlier this year, in a move that can potentially support FMKT’s market reach, liquidity, and brand presence in a deregulation-friendly environment.
Since its launch, FMKT has capitalized on the growing momentum of companies benefiting from regulatory shifts that support free market dynamics, providing an actively managed approach that employs AI technology to identify firms believed to be poised to profit from federal deregulation.
“NYSE Texas represents a unique opportunity to bring FMKT’s free-market investment thesis closer to one of the nation’s most dynamic and business-friendly markets,” said Michael Gayed, Portfolio Manager for Tactical Rotation Management, LLC, a sub-adviser to the fund. “Dual listing allows us to extend our reach on a trusted exchange to a network that shares a deep appreciation for the opportunity we see to capitalize on the economic tailwinds that deregulation can potentially provide.”
By adding NYSE Texas to its listing venues, FMKT will increase its visibility among Texas-based institutional investors, regional financial advisors, state investment funds, and the state’s growing retail investor community. The dual listing also has the potential to enhance liquidity by attracting incremental trading volume from Texas-focused investors, drawing additional interest from market makers.
“Listing on NYSE Texas underscores our commitment to our principles and differentiates FMKT as an ETF that stands for free market opportunity in both its strategy and its market presence,” said Hal Lambert, Portfolio Manager at Point Bridge Capital, LLC, a sub-adviser to the fund who is based in Dallas, Texas.
“We continue to see major tailwinds that support our investment outlook across several sectors from energy to healthcare and cryptocurrency-related industries where executive orders and deregulatory efforts are showing significant impact,” said Todd Stankiewicz, Portfolio Manager at SYKON Asset Management, a sub-adviser to the fund. “Listing on NYSE Texas is another step in bringing our unique, innovative ETF to a wider audience.”