|
Valkyrie Bitcoin Miners ETF
|
||||||||
|
Schedule of Investments
|
||||||||
|
June 30, 2022 (Unaudited)
|
||||||||
|
Shares
|
Value
|
|||||||
|
COMMON STOCKS: 99.89%
|
||||||||
|
IT Services: 1.00%
|
||||||||
|
Core Scientific, Inc. (a)
|
19,309
|
$
|
28,770
|
|||||
|
Semiconductors & Semiconductor Equipment: 11.19%
|
||||||||
|
Advanced Micro Devices, Inc. (a)
|
1,146
|
87,635
|
||||||
|
Intel Corp.
|
2,394
|
89,560
|
||||||
|
NVIDIA Corp.
|
577
|
87,467
|
||||||
|
Taiwan Semiconductor Manufacturing Company, Ltd. - ADR
|
711
|
58,124
|
||||||
|
322,786
|
||||||||
|
Software: 84.68%
|
||||||||
|
Argo Blockchain PLC - ADR (a)
|
101,865
|
383,012
|
||||||
|
Bit Digital, Inc. (a)(b)
|
88,278
|
115,644
|
||||||
|
Bitfarms, Ltd. (a)(b)
|
225,762
|
252,854
|
||||||
|
Cipher Mining, Inc. (a)
|
98,267
|
134,626
|
||||||
|
CleanSpark, Inc. (a)
|
97,259
|
381,255
|
||||||
|
Digihost Technology, Inc. (a)(b)
|
89,753
|
91,548
|
||||||
|
DMG Blockchain Solutions, Inc. (a)(b)
|
607,264
|
110,866
|
||||||
|
Greenridge Generation Holdings, Inc. - Class A (a)
|
26,792
|
68,052
|
||||||
|
HIVE Blockchain Technologies, Ltd. (a)(b)
|
77,495
|
231,710
|
||||||
|
Hut 8 Mining Corp. (a)(b)
|
58,605
|
77,945
|
||||||
|
Iris Energy, Ltd. (a)(b)
|
38,126
|
127,722
|
||||||
|
Marathon Digital Holdings, Inc. (a)
|
12,540
|
66,964
|
||||||
|
Mawson Infrastructure Group, Inc. (a)
|
105,920
|
115,453
|
||||||
|
Riot Blockchain, Inc. (a)
|
26,791
|
112,254
|
||||||
|
Sato Technologies Corp. (b)
|
116,864
|
19,974
|
||||||
|
Stronghold Digital Mining, Inc. - Class A (a)
|
72,314
|
120,041
|
||||||
|
TeraWulf, Inc. (a)
|
27,681
|
33,217
|
||||||
|
2,443,137
|
||||||||
|
Technology Hardware, Storage & Peripherals: 3.02%
|
||||||||
|
Samsung Electronics Co., Ltd. - GDR
|
80
|
87,280
|
||||||
|
TOTAL COMMON STOCKS (Cost $7,919,178)
|
2,881,973
|
|||||||
|
Total Investments in Securities (Cost $7,919,178): 99.89%
|
2,881,973
|
|||||||
|
Other Assets in Excess of Liabilities: 0.11%
|
3,235
|
|||||||
|
TOTAL NET ASSETS: 100.00%
|
$
|
2,885,208
|
||||||
|
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, 2022 (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, 2022:
|
||||||||||
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|||||||||||||
|
Common Stocks
|
||||||||||||||||
|
Information Technology
|
$
|
2,881,973
|
$
|
-
|
$
|
-
|
$
|
2,881,973
|
||||||||
|
Total Common Stocks
|
2,881,973
|
-
|
-
|
2,881,973
|
||||||||||||
|
Total Investments
|
$
|
2,881,973
|
$
|
-
|
$
|
-
|
$
|
2,881,973
|
||||||||
|
Refer to the Fund's Schedule of Investments for a detailed break-out of holdings by industry.
|
||||||||||||||||