|
Valkyrie Bitcoin Miners ETF
|
||||||||
|
Schedule of Investments
|
||||||||
|
June 30, 2023 (Unaudited)
|
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|
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.
|
||||||||||||||||