Valkyrie Bitcoin Miners ETF | ||||||||
Schedule of Investments | ||||||||
June 30, 2023 (Unaudited) | ||||||||
Shares | Value | |||||||
COMMON STOCKS: 97.51% | ||||||||
Semiconductors & Semiconductor Equipment: 5.05% | ||||||||
Advanced Micro Devices, Inc. (a) | 1,215 | $ | 138,401 | |||||
NVIDIA Corp. | 978 | 413,713 | ||||||
Taiwan Semiconductor Manufacturing Co., Ltd. - ADR | 1,328 | 134,022 | ||||||
686,136 | ||||||||
Software: 91.49% | ||||||||
Applied Digital Corp. (a) | 59,175 | 553,286 | ||||||
Argo Blockchain PLC - ADR (a) | 382,350 | 611,760 | ||||||
Bit Digital, Inc. (a)(b) | 299,406 | 1,215,588 | ||||||
Bitdeer Technologies Group - Class A (a)(b) | 42,181 | 472,427 | ||||||
Bitfarms, Ltd. (a)(b) | 441,467 | 648,957 | ||||||
Cipher Mining, Inc. (a) | 461,496 | 1,319,879 | ||||||
Cleanspark, Inc. (a) | 150,286 | 644,727 | ||||||
Digihost Technology, Inc. (a)(b) | 354,600 | 638,280 | ||||||
Greenidge Generation Holdings, Inc. (a) | 26,139 | 73,712 | ||||||
HIVE Blockchain Technologies, Ltd. (a)(b) | 270,068 | 1,250,415 | ||||||
Hut 8 Mining Corp. (a)(b) | 200,447 | 661,475 | ||||||
Iris Energy, Ltd. (a)(b) | 142,640 | 664,702 | ||||||
Marathon Digital Holdings, Inc. (a) | 106,781 | 1,479,985 | ||||||
Mawson Infrastructure Group, Inc. (a) | 64,344 | 121,610 | ||||||
Riot Platforms, Inc. (a) | 115,972 | 1,370,789 | ||||||
Stronghold Digital Mining, Inc. - Class A (a) | 16,983 | 70,989 | ||||||
Terawulf, Inc. (a) | 367,463 | 643,060 | ||||||
12,441,641 | ||||||||
Technology Hardware, Storage & Peripherals: 0.97% | ||||||||
Samsung Electronics Co., Ltd. - GDR | 95 | 131,670 | ||||||
TOTAL COMMON STOCKS (Cost $9,625,837) | 13,259,447 | |||||||
TOTAL INVESTMENTS (Cost $9,625,837): 97.51% | 13,259,447 | |||||||
Other Assets in Excess of Liabilities: 2.49% | 338,835 | |||||||
TOTAL NET ASSETS: 100.00% | $ | 13,598,282 |
ADR | American Depository Receipt | |||||
GDR | Global Depository Receipt | |||||
PLC | Public Limited Company | |||||
(a) | Non-income producing security. | |||||
(b) | Foreign issued security. |
The Global Industry Classification Standard (GICS®) was developed by and/or is the exclusive property of MSCI, Inc. | ||||
and Standard & Poor's Financial Services, LLC (“S&P”). GICS is a service mark of MSCI and S&P and has been licensed for | ||||
use by U.S. Bancorp Fund Services, LLC. |
Valkyrie Bitcoin Miners Opportunities ETF | ||||||||||
Summary of Fair Value Disclosure at June 30, 2023 (Unaudited) | ||||||||||
The Fund utilizes various methods to measure the fair value of its investments on a recurring basis. Accounting principles generally accepted in the United | ||||||||||
States of America ("U.S. GAAP") establish a hierarchy that prioritizes inputs to valuation methods. The three levels of inputs are: | ||||||||||
Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access. | ||||||||||
Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may | ||||||||||
include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, | ||||||||||
default rates and similar data. | ||||||||||
Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions | ||||||||||
about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available. | ||||||||||
The following is a summary of the inputs used to value the Fund's investments as of June 30, 2023: |
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Common Stocks | ||||||||||||||||
Information Technology | $ | 13,259,447 | $ | - | $ | - | $ | 13,259,447 | ||||||||
Total Common Stocks | 13,259,447 | - | - | 13,259,447 | ||||||||||||
Total Investments | $ | 13,259,447 | $ | - | $ | - | $ | 13,259,447 | ||||||||
Refer to the Fund's Schedule of Investments for a detailed break-out of holdings by industry. |