ProShares UltraPro QQQ (TQQQ) NPORT-P ProShares UltraShort Ether ETF (Aug 2024 report)

AUGUST

31,

2024

(Unaudited)

::

BITCOIN

&

ETHER

EQUAL

WEIGHT

STRATEGY

ETF

CONSOLIDATED

SCHEDULE

OF

PORTFOLIO

INVESTMENTS

PROSHARES

TRUST

1

BETE

::

Investments

Principal

Amount

Value

Short-Term

Investments

—

67

.8

%

Repurchase

Agreements

(a)

—

67

.8

%

Repurchase

Agreements

with

various

counterparties,

rates

5.2%

-

5.32%,

dated

8/30/2024,

due

9/3/2024,

total

to

be

received

$4,211,575

(Cost

$4,209,102)

$

4,209,102

$

4,209,102

Total

Investments

—

67.8%

(Cost

$4,209,102)

4,209,102

Other

assets

less

liabilities

—

32.2%

1,995,169

Net

Assets

—

100.0%

$

6,204,271

(a)

The

Fund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust.

See

"Repurchase

Agreements"

in

the

Notes

to

Schedules

of

Portfolio

Investments

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Futures

Contracts

Purchased

Bitcoin

&

Ether

Equal

Weight

Strategy

ETF

had

the

following

open

long

futures

contracts

as

of

August

31,

2024:

Number

of

Contracts

AAAAAA

Expiration

Date

AAAAAA

Trading

Currency

AA

Notional

Amount

AAAAAA

Value

and

Unrealized

Depreciation

AAAAAA

CME

Bitcoin

10

9/27/2024

U.S.

Dollar

$

2,949,000

$

(

33,420

)

CME

Ether

24

9/27/2024

U.S.

Dollar

3,027,000

(

29,628

)

CME

Micro

Bitcoin

40

9/27/2024

U.S.

Dollar

235,920

(

2,741

)

$

(

65,789

)

BITCOIN

&

ETHER

MARKET

CAP

WEIGHT

STRATEGY

ETF

::

AUGUST

31,

2024

(Unaudited)

CONSOLIDATED

SCHEDULE

OF

PORTFOLIO

INVESTMENTS

PROSHARES

TRUST

2

BETH

::

Investments

Principal

Amount

Value

Short-Term

Investments

—

57

.1

%

Repurchase

Agreements

(a)

—

57

.1

%

Repurchase

Agreements

with

various

counterparties,

rates

5.2%

-

5.32%,

dated

8/30/2024,

due

9/3/2024,

total

to

be

received

$4,403,243

(Cost

$4,400,657)

$

4,400,657

$

4,400,657

Total

Investments

—

57.1%

(Cost

$4,400,657)

4,400,657

Other

assets

less

liabilities

—

42.9%

3,304,044

Net

Assets

—

100.0%

$

7,704,701

(a)

The

Fund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust.

See

"Repurchase

Agreements"

in

the

Notes

to

Schedules

of

Portfolio

Investments

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Futures

Contracts

Purchased

Bitcoin

&

Ether

Market

Cap

Weight

Strategy

ETF

had

the

following

open

long

futures

contracts

as

of

August

31,

2024:

Number

of

Contracts

AAAAAA

Expiration

Date

AAAAAA

Trading

Currency

AA

Notional

Amount

AAAAAA

Value

and

Unrealized

Depreciation

AAAAAA

CME

Bitcoin

20

9/27/2024

U.S.

Dollar

$

5,898,000

$

(

66,840

)

CME

Ether

13

9/27/2024

U.S.

Dollar

1,639,625

(

16,049

)

CME

Micro

Bitcoin

14

9/27/2024

U.S.

Dollar

82,572

(

959

)

$

(

83,848

)

AUGUST

31,

2024

(Unaudited)

::

BITCOIN

STRATEGY

ETF

CONSOLIDATED

SCHEDULE

OF

PORTFOLIO

INVESTMENTS

PROSHARES

TRUST

3

BITO

::

Investments

Principal

Amount

Value

Short-Term

Investments

—

68

.8

%

Repurchase

Agreements

(a)

—

22

.8

%

Repurchase

Agreements

with

various

counterparties,

rates

5.2%

-

5.32%,

dated

8/30/2024,

due

9/3/2024,

total

to

be

received

$394,070,212

(Cost

$393,838,909)

$

393,838,909

$

393,838,909

U.S.

Treasury

Obligations

—

46

.0

%

U.S.

Treasury

Bills

5.16%,

11/7/2024

(b)                                                                            

(Cost

$792,421,481)

800,000,000

792,754,304

Total

Short-Term

Investments

(Cost

$1,186,260,390)

1,186,593,213

Total

Investments

—

68.8%

(Cost

$1,186,260,390)

1,186,593,213

Other

assets

less

liabilities

—

31.2%

539,179,276

Net

Assets

—

100.0%

$

1,725,772,489

(a)

The

Fund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust.

See

"Repurchase

Agreements"

in

the

Notes

to

Schedules

of

Portfolio

Investments

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

(b)

The

rate

shown

was

the

current

yield

as

of

August

31,

2024.

Futures

Contracts

Purchased

Bitcoin

Strategy

ETF

had

the

following

open

long

futures

contracts

as

of

August

31,

2024:

Number

of

Contracts

AAAAAA

Expiration

Date

AAAAAA

Trading

Currency

AA

Notional

Amount

AAAAAA

Value

and

Unrealized

Depreciation

AAAAAA

CME

Bitcoin

5,270

9/27/2024

U.S.

Dollar

$

1,554,123,000

$

(

112,486,693

)

Swap

Agreements

Bitcoin

Strategy

ETF

had

the

following

open

non-exchange

traded

total

return

swap

agreements

as

of

August

31,

2024:

Notional

Amount  

($)

Termination

Date

a

Counterparty

Rate

Paid

(Received)

b

Reference

Instrument

Value

and

Unrealized

Depreciation

($)

61,133,407

9/19/2024

Societe

Generale

1.00%

S&P

CME

Bitcoin

Futures

Index

(

751,731

)

61,133,407

(

751,731

)

Total

Unrealized

Depreciation

(

751,731

)

a

Agreements

may

be

terminated

at

will

by

either

party

without

penalty.

Payment

is

due

at

termination/maturity.

b

Reflects

the

floating

financing

rate,

as

of

August

31,

2024,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions.

This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

ETHER

STRATEGY

ETF

::

AUGUST

31,

2024

(Unaudited)

CONSOLIDATED

SCHEDULE

OF

PORTFOLIO

INVESTMENTS

PROSHARES

TRUST

4

EETH

::

Investments

Principal

Amount

Value

Short-Term

Investments

—

66

.4

%

Repurchase

Agreements

(a)

—

38

.7

%

Repurchase

Agreements

with

various

counterparties,

rates

5.2%

-

5.32%,

dated

8/30/2024,

due

9/3/2024,

total

to

be

received

$27,776,024

(Cost

$27,759,722)

$

27,759,722

$

27,759,722

U.S.

Treasury

Obligations

—

27

.7

%

U.S.

Treasury

Bills

5.16%,

11/7/2024

(b)                                                                            

(Cost

$19,810,537)

20,000,000

19,818,858

Total

Short-Term

Investments

(Cost

$47,570,259)

47,578,580

Total

Investments

—

66.4%

(Cost

$47,570,259)

47,578,580

Other

assets

less

liabilities

—

33.6%

24,068,970

Net

Assets

—

100.0%

$

71,647,550

(a)

The

Fund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust.

See

"Repurchase

Agreements"

in

the

Notes

to

Schedules

of

Portfolio

Investments

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

(b)

The

rate

shown

was

the

current

yield

as

of

August

31,

2024.

Futures

Contracts

Purchased

Ether

Strategy

ETF

had

the

following

open

long

futures

contracts

as

of

August

31,

2024:

Number

of

Contracts

AAAAAA

Expiration

Date

AAAAAA

Trading

Currency

AA

Notional

Amount

AAAAAA

Value

and

Unrealized

Depreciation

AAAAAA

CME

Ether

568

9/27/2024

U.S.

Dollar

$

71,639,000

$

(

3,097,940

)

AUGUST

31,

2024

(Unaudited)

::

SHORT

BITCOIN

STRATEGY

ETF

CONSOLIDATED

SCHEDULE

OF

PORTFOLIO

INVESTMENTS

PROSHARES

TRUST

5

BITI

::

Investments

Principal

Amount

Value

Short-Term

Investments

—

64

.9

%

Repurchase

Agreements

(a)

—

33

.0

%

Repurchase

Agreements

with

various

counterparties,

rates

5.2%

-

5.32%,

dated

8/30/2024,

due

9/3/2024,

total

to

be

received

$20,528,524

(Cost

$20,516,477)

$

20,516,477

$

20,516,477

U.S.

Treasury

Obligations

—

31

.9

%

U.S.

Treasury

Bills

5.16%,

11/7/2024

(b)                                                                            

(Cost

$19,810,537)

20,000,000

19,818,858

Total

Short-Term

Investments

(Cost

$40,327,014)

40,335,335

Total

Investments

—

64.9%

(Cost

$40,327,014)

40,335,335

Other

assets

less

liabilities

—

35.1%

21,840,543

Net

Assets

—

100.0%

$

62,175,878

(a)

The

Fund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust.

See

"Repurchase

Agreements"

in

the

Notes

to

Schedules

of

Portfolio

Investments

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

(b)

The

rate

shown

was

the

current

yield

as

of

August

31,

2024.

Futures

Contracts

Sold

Short

Bitcoin

Strategy

ETF

had

the

following

open

short

futures

contracts

as

of

August

31,

2024:

Number

of

Contracts

A

Expiration

Date

A

Trading

Currency

A

Notional

Amount

A

Value

and

Unrealized

Appreciation

A

CME

Bitcoin

210

9/27/2024

U.S.

Dollar

$

61,929,000

$

2,853,673

SHORT

ETHER

STRATEGY

ETF

::

AUGUST

31,

2024

(Unaudited)

CONSOLIDATED

SCHEDULE

OF

PORTFOLIO

INVESTMENTS

PROSHARES

TRUST

6

SETH

::

Investments

Principal

Amount

Value

Short-Term

Investments

—

59

.1

%

Repurchase

Agreements

(a)

—

59

.1

%

Repurchase

Agreements

with

various

counterparties,

rates

5.2%

-

5.32%,

dated

8/30/2024,

due

9/3/2024,

total

to

be

received

$1,368,030

(Cost

$1,367,228)

$

1,367,228

$

1,367,228

Total

Investments

—

59.1%

(Cost

$1,367,228)

1,367,228

Other

assets

less

liabilities

—

40.9%

947,307

Net

Assets

—

100.0%

$

2,314,535

(a)

The

Fund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust.

See

"Repurchase

Agreements"

in

the

Notes

to

Schedules

of

Portfolio

Investments

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Futures

Contracts

Sold

Short

Ether

Strategy

ETF

had

the

following

open

short

futures

contracts

as

of

August

31,

2024:

Number

of

Contracts

A

Expiration

Date

A

Trading

Currency

A

Notional

Amount

A

Value

and

Unrealized

Appreciation

A

CME

Ether

17

9/27/2024

U.S.

Dollar

$

2,144,125

$

20,649

CME

Micro

Ether

646

9/27/2024

U.S.

Dollar

162,954

1,038

$

21,687

AUGUST

31,

2024

(Unaudited)

::

ULTRA

BITCOIN

ETF

CONSOLIDATED

SCHEDULE

OF

PORTFOLIO

INVESTMENTS

PROSHARES

TRUST

7

BITU

::

Investments

Principal

Amount

Value

Short-Term

Investments

—

15

.3

%

Repurchase

Agreements

(a)

—

15

.3

%

Repurchase

Agreements

with

various

counterparties,

rates

5.2%

-

5.32%,

dated

8/30/2024,

due

9/3/2024,

total

to

be

received

$49,050,941

(Cost

$49,022,149)

$

49,022,149

$

49,022,149

Total

Investments

—

15.3%

(Cost

$49,022,149)

49,022,149

Other

assets

less

liabilities

—

84.7%

270,505,623

Net

Assets

—

100.0%

$

319,527,772

(a)

The

Fund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust.

See

"Repurchase

Agreements"

in

the

Notes

to

Schedules

of

Portfolio

Investments

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Futures

Contracts

Purchased

Ultra

Bitcoin

ETF

had

the

following

open

long

futures

contracts

as

of

August

31,

2024:

Number

of

Contracts

AAAAAA

Expiration

Date

AAAAAA

Trading

Currency

AA

Notional

Amount

AAAAAA

Value

and

Unrealized

Depreciation

AAAAAA

CME

Bitcoin

765

9/27/2024

U.S.

Dollar

$

225,598,500

$

(

13,161,070

)

Swap

Agreements

Ultra

Bitcoin

ETF

had

the

following

open

non-exchange

traded

total

return

swap

agreements

as

of

August

31,

2024:

Notional

Amount  

($)

Termination

Date

a

Counterparty

Rate

Paid

(Received)

b

Reference

Instrument

Value

and

Unrealized

Depreciation

($)

211,102,724

11/6/2025

Goldman

Sachs

International

8.33%

iShares

Bitcoin

Trust

(

31,226,478

)

203,809,344

11/6/2025

Nomura

Global

Financial

7.48%

iShares

Bitcoin

Trust

(

35,594,859

)

414,912,068

(

66,821,337

)

Total

Unrealized

Depreciation

(

66,821,337

)

a

Agreements

may

be

terminated

at

will

by

either

party

without

penalty.

Payment

is

due

at

termination/maturity.

b

Reflects

the

floating

financing

rate,

as

of

August

31,

2024,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions.

This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

ULTRASHORT

BITCOIN

ETF

::

AUGUST

31,

2024

(Unaudited)

CONSOLIDATED

SCHEDULE

OF

PORTFOLIO

INVESTMENTS

PROSHARES

TRUST

8

SBIT

::

Investments

Principal

Amount

Value

Short-Term

Investments

—

14

.8

%

Repurchase

Agreements

(a)

—

14

.8

%

Repurchase

Agreements

with

various

counterparties,

rates

5.2%

-

5.32%,

dated

8/30/2024,

due

9/3/2024,

total

to

be

received

$3,116,355

(Cost

$3,114,526)

$

3,114,526

$

3,114,526

Total

Investments

—

14.8%

(Cost

$3,114,526)

3,114,526

Other

assets

less

liabilities

—

85.2%

17,892,959

Net

Assets

—

100.0%

$

21,007,485

(a)

The

Fund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust.

See

"Repurchase

Agreements"

in

the

Notes

to

Schedules

of

Portfolio

Investments

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Futures

Contracts

Sold

UltraShort

Bitcoin

ETF

had

the

following

open

short

futures

contracts

as

of

August

31,

2024:

Number

of

Contracts

A

Expiration

Date

A

Trading

Currency

A

Notional

Amount

A

Value

and

Unrealized

Appreciation

A

CME

Bitcoin

16

9/27/2024

U.S.

Dollar

$

4,718,400

$

26,396

Swap

Agreements

UltraShort

Bitcoin

ETF

had

the

following

open

non-exchange

traded

total

return

swap

agreements

as

of

August

31,

2024:

Notional

Amount  

($)

Termination

Date

a

Counterparty

Rate

Paid

(Received)

b

Reference

Instrument

Value

and

Unrealized

Appreciation

/

(Depreciation)

($)

(12,664,149)

11/6/2025

Goldman

Sachs

International

(5.33)%

iShares

Bitcoin

Trust

(

506,415

)

(24,420,533)

1/5/2026

Nomura

Global

Financial

(4.83)%

iShares

Bitcoin

Trust

2,758,364

(37,084,682)

2,251,949

Total

Unrealized

Appreciation

2,758,364

Total

Unrealized

Depreciation

(

506,415

)

a

Agreements

may

be

terminated

at

will

by

either

party

without

penalty.

Payment

is

due

at

termination/maturity.

b

Reflects

the

floating

financing

rate,

as

of

August

31,

2024,

on

the

notional

amount

of

the

swap

agreement

paid

to

the

counterparty

or

received

from

the

counterparty,

excluding

any

commissions.

This

amount

is

included

as

part

of

the

unrealized

appreciation/(depreciation).

AUGUST

31,

2024

(Unaudited)

::

ULTRA

ETHER

ETF

CONSOLIDATED

SCHEDULE

OF

PORTFOLIO

INVESTMENTS

PROSHARES

TRUST

9

ETHT

::

Investments

Principal

Amount

Value

Short-Term

Investments

—

16

.0

%

Repurchase

Agreements

(a)

—

16

.0

%

Repurchase

Agreements

with

various

counterparties,

rates

5.2%

-

5.32%,

dated

8/30/2024,

due

9/3/2024,

total

to

be

received

$3,688,961

(Cost

$3,686,795)

$

3,686,795

$

3,686,795

Total

Investments

—

16.0%

(Cost

$3,686,795)

3,686,795

Other

assets

less

liabilities

—

84.0%

19,289,322

Net

Assets

—

100.0%

$

22,976,117

(a)

The

Fund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust.

See

"Repurchase

Agreements"

in

the

Notes

to

Schedules

of

Portfolio

Investments

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Futures

Contracts

Purchased

Ultra

Ether

ETF

had

the

following

open

long

futures

contracts

as

of

August

31,

2024:

Number

of

Contracts

AAAAAA

Expiration

Date

AAAAAA

Trading

Currency

AA

Notional

Amount

AAAAAA

Value

and

Unrealized

Depreciation

AAAAAA

CME

Ether

364

9/27/2024

U.S.

Dollar

$

45,909,500

$

(

1,965,820

)

CME

Micro

Ether

300

9/27/2024

U.S.

Dollar

75,675

(

826

)

$

(

1,966,646

)

ULTRASHORT

ETHER

ETF

::

AUGUST

31,

2024

(Unaudited)

CONSOLIDATED

SCHEDULE

OF

PORTFOLIO

INVESTMENTS

PROSHARES

TRUST

10

ETHD

::

Investments

Principal

Amount

Value

Short-Term

Investments

—

15

.6

%

Repurchase

Agreements

(a)

—

15

.6

%

Repurchase

Agreements

with

various

counterparties,

rates

5.2%

-

5.32%,

dated

8/30/2024,

due

9/3/2024,

total

to

be

received

$840,535

(Cost

$840,041)

$

840,041

$

840,041

Total

Investments

—

15.6%

(Cost

$840,041)

840,041

Other

assets

less

liabilities

—

84.4%

4,532,289

Net

Assets

—

100.0%

$

5,372,330

(a)

The

Fund

invests

in

Repurchase

Agreements

jointly

with

other

funds

in

the

Trust.

See

"Repurchase

Agreements"

in

the

Notes

to

Schedules

of

Portfolio

Investments

to

view

the

details

of

each

individual

agreement

and

counterparty

as

well

as

a

description

of

the

securities

subject

to

repurchase.

Futures

Contracts

Sold

UltraShort

Ether

ETF

had

the

following

open

short

futures

contracts

as

of

August

31,

2024:

Number

of

Contracts

A

Expiration

Date

A

Trading

Currency

A

Notional

Amount

A

Value

and

Unrealized

Appreciation

A

CME

Ether

81

9/27/2024

U.S.

Dollar

$

10,216,125

$

98,386

CME

Micro

Ether

654

9/27/2024

U.S.

Dollar

164,972

222

$

98,608

NOTES

TO

FINANCIAL

STATEMENTS

::

AUGUST

31,

2024

(Unaudited)

::

11

PROSHARES

TRUST

Repurchase

Agreements 

Each

of

the

Funds

may

enter

into

repurchase

agreements.

Repurchase

agreements

are

primarily

used

by

the

Funds

as

short

term

investments

for

cash

positions.

Under

a

repurchase

agreement,

a

Fund

purchases

one

or

more

debt

securities

and

simultaneously

agrees

to

sell

those

securities

back

to

the

seller

at

a

mutually

agreed-upon

future

price

and

date,

normally

one

day

or

a

few

days

later.

The

resale

price

is

greater

than

the

purchase

price,

reflecting

an

agreed-upon

market

interest

rate

during

the

purchaser’s

holding

period.

While

the

maturities

of

the

underlying

securities

in

repurchase

transactions

may

be

more

than

one

year,

the

term

of

each

repurchase

agreement

will

always

be

less

than

one

year.

The

Funds

follow

certain

procedures

designed

to

minimize

the

risks

inherent

in

such

agreements.

These

procedures

include

effecting

repurchase

transactions

generally

with

major

global

financial

institutions

whose

creditworthiness

is

monitored

by

the

Advisor.

In

addition,

the

value

of

the

collateral

underlying

the

repurchase

agreement

is

required

to

be

at

least

equal

to

the

repurchase

price,

including

any

accrued

interest

income

earned

on

the

repurchase

agreement.

The

Funds

may

invest

in

repurchase

agreements

through

joint

account

arrangements;

in

such

cases,

each

Fund

holds

a

pro

rata

share

of

the

collateral

and

interest

income

based

upon

the

dollar

amount

of

the

repurchase

agreements

entered

into

by

each

Fund.

The

collateral

underlying

the

repurchase

agreement

is

held

by

the

Fund’s

custodian.

A

repurchase

agreement

is

subject

to

the

risk

that

the

counterparty

to

the

repurchase

agreement

that

sells

the

securities

may

default

on

its

obligation

to

repurchase

them.

In

this

circumstance,

a

Fund

may

lose

money

because

it

may

not

be

able

to

sell

the

securities

at

the

agreed

upon

time

and

price,

the

securities

may

lose

value

before

they

can

be

sold,

the

selling

institution

may

declare

bankruptcy

or

the

Fund

may

have

difficulty

exercising

rights

to

the

collateral.

During

periods

of

high

demand

for

repurchase

agreements,

the

Funds

may

be

unable

to

invest

available

cash

in

these

instruments

to

the

extent

desired

by

the

Advisor.

On

August

31,

2024,

the

Funds

had

interest

in

joint

repurchase

agreements

with

the

following

counterparties,

for

the

time

periods

and

rates

indicated.

Amounts

shown

in

the

table

below

represent

Principal

Amount,

Cost

and

Value

for

each

respective

repurchase

agreement.

Each

Repurchase

Agreement

was

fully

collateralized

by

U.S.

government

and/or

agency

securities

at

August

31,

2024 as

follows: 

Fund

Name

A

Bank

of

America

Securities,

Inc.,  5.2%,

dated

08/30/2024

due

09/03/2024

(a)

Bank

of

America

Securities,

Inc.,  5.32%,

dated

08/30/2024

due

09/03/2024

(b)

Barclays

Capital,

Inc.,  5.2%,

dated

08/30/2024

due

09/03/2024

(c)

Barclays

Capital,

Inc.,  5.25%,

dated

08/30/2024

due

09/03/2024

(d)

Barclays

Capital,

Inc.,  5.29%,

dated

08/30/2024

due

09/03/2024

(e)

BNP

Paribas

Securities

Corp.,

5.31%,

dated

8/30/2024

due

09/03/2024

(f)

ING

Financial

Markets

LLC,

5.3%,

dated

08/30/2024

due

09/03/2024

(g)

Total

Bitcoin

&

Ether

Equal

Weight

Strategy

ETF

$

92,125

$

491,336

$

614,170

$

61,417

$

1,230,380

$

1,596,840

$

122,834

$

4,209,102

Bitcoin

&

Ether

Market

Cap

Weight

Strategy

ETF

..........

96,318

513,696

642,120

64,212

1,286,374

1,669,513

128,424

4,400,657

Bitcoin

Strategy

ETF

.

8,620,028

45,973,482

57,466,853

5,746,685

115,124,674

149,413,816

11,493,371

393,838,909

Ether

Strategy

ETF

..

607,582

3,240,440

4,050,549

405,055

8,114,559

10,531,427

810,110

27,759,722

Short

Bitcoin

Strategy

ETF

..........

449,048

2,394,923

2,993,654

299,365

5,997,256

7,783,500

598,731

20,516,477

Short

Ether

Strategy

ETF

..........

29,925

159,599

199,499

19,950

399,660

518,695

39,900

1,367,228

Ultra

Bitcoin

ETF

...

1,072,957

5,722,438

7,153,048

715,305

14,329,867

18,597,924

1,430,610

49,022,149

UltraShort

Bitcoin

ETF

68,168

363,563

454,456

45,445

910,421

1,181,582

90,891

3,114,526

Ultra

Ether

ETF

....

80,693

430,366

537,957

53,796

1,077,703

1,398,690

107,590

3,686,795

UltraShort

Ether

ETF

.

18,386

98,059

122,574

12,257

245,556

318,694

24,515

840,041

$

11,135,230

$

59,387,902

$

74,234,880

$

7,423,487

$

148,716,450

$

193,010,681

$

14,846,976

$

508,755,606

(a)

U.S.

Treasury

Bonds,

1/31/2025

to

5/15/2051;

U.S.

Treasury

Notes,

2.63%

to

4%,

due

5/31/2027

to

2/15/2034,

which

had

an

aggregate

value

at

the

Trust

level

of

$76,499,999.

(b)

U.S.

Treasury

Bonds,

0%,

due

5/15/2032

to

2/15/2046;

U.S.

Treasury

Notes,

0.63%

to

4.88%,

due

6/15/2025

to

7/15/2032,

which

had

an

aggregate

value

at

the

Trust

level

of

$407,999,997.

(c)

Treasury

Bills,

0%,

due

10/24/2024;

U.S.

Treasury

Notes,

0.25%,

due

9/30/2025,

which

had

an

aggregate

value

at

the

Trust

level

of

$510,000,044.

(d)

U.S.

Treasury

Notes,

4.38%,

due

11/30/2028,

which

had

an

aggregate

value

at

the

Trust

level

of

$51,000,015.

(e)

U.S.

Treasury

Notes,

1%

to

4.13%,

due

7/31/2028

to

3/31/2029,

which

had

an

aggregate

value

at

the

Trust

level

of

$1,021,694,888.

(f)

U.S.

Treasury

Bills,

0%,

due

10/1/2024

to

1/30/2025;

U.S.

Treasury

Bonds,

0%

to

7.63%,

due

1/15/2025

to

8/15/2054;

U.S.

Treasury

Notes,

0.13%

to

5.19%,

due

10/31/2024

to

5/15/2034,

which

had

an

aggregate

value

at

the

Trust

level

of

$1,326,000,009.

(g)

U.S.

Treasury

Notes,

2%,

due

2/15/2025,

which

had

an

aggregate

value

at

the

Trust

level

of

$102,000,007.