|
Valkyrie Bitcoin Miners ETF
|
||||||||
|
Schedule of Investments
|
||||||||
|
December 31, 2022 (Unaudited)
|
||||||||
|
Shares
|
Value
|
|||||||
|
COMMON STOCKS: 94.34%
|
||||||||
|
Semiconductors & Semiconductor Equipment: 11.74%
|
||||||||
|
Advanced Micro Devices, Inc. (a)
|
658
|
$
|
42,618
|
|||||
|
Intel Corp.
|
1,618
|
42,764
|
||||||
|
NVIDIA Corp.
|
293
|
42,819
|
||||||
|
Taiwan Semiconductor Manufacturing Co., Ltd. - ADR
|
569
|
42,385
|
||||||
|
170,586
|
||||||||
|
Software: 79.79%
|
||||||||
|
Argo Blockchain PLC - ADR (a)
|
56,001
|
60,481
|
||||||
|
Bit Digital, Inc. (a)(b)
|
114,607
|
68,764
|
||||||
|
Bitfarms Ltd. (a)(b)
|
241,278
|
106,162
|
||||||
|
Cipher Mining, Inc. (a)
|
103,426
|
57,919
|
||||||
|
Cleanspark, Inc. (a)
|
82,637
|
168,579
|
||||||
|
Digihost Technology, Inc. (a)(b)
|
166,902
|
60,085
|
||||||
|
Greenidge Generation Holdings, Inc. (a)
|
156,318
|
45,192
|
||||||
|
HIVE Blockchain Technologies, Ltd. (a)(b)
|
69,353
|
99,868
|
||||||
|
Hut 8 Mining Corp. (a)(b)
|
118,480
|
100,708
|
||||||
|
Marathon Digital Holdings, Inc. (a)
|
28,670
|
98,051
|
||||||
|
Mawson Infrastructure Group, Inc. (a)
|
213,947
|
49,208
|
||||||
|
Riot Blockchain, Inc. (a)
|
37,417
|
126,844
|
||||||
|
Stronghold Digital Mining, Inc. - Class A (a)
|
121,474
|
58,198
|
||||||
|
Terawulf, Inc. (a)
|
89,890
|
59,831
|
||||||
|
1,159,890
|
||||||||
|
Technology Hardware, Storage & Peripherals: 2.81%
|
||||||||
|
Samsung Electronics Co, Ltd. - GDR
|
37
|
40,885
|
||||||
|
TOTAL COMMON STOCKS (Cost $5,045,379)
|
1,371,361
|
|||||||
|
TOTAL INVESTMENTS (Cost $5,045,379): 94.34%
|
1,371,361
|
|||||||
|
Other Assets in Excess of Liabilities: 5.66%
|
82,321
|
|||||||
|
TOTAL NET ASSETS: 100.00%
|
$
|
1,453,682
|
||||||
|
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 December 31, 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 December 31, 2022:
|
||||||||||
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|||||||||||||
|
|
||||||||||||||||
|
Total Common Stocks
|
$
|
1,371,361
|
$
|
-
|
$
|
-
|
$
|
1,371,361
|
||||||||
|
Total Investments
|
$
|
1,371,361
|
$
|
-
|
$
|
-
|
$
|
1,371,361
|
||||||||
|
Refer to the Fund's Schedule of Investments for a detailed break-out of holdings by industry.
|
||||||||||||||||