|
Valkyrie Bitcoin Miners ETF
|
||||||||
|
Schedule of Investments
|
||||||||
|
June 30, 2024 (Unaudited)
|
||||||||
|
COMMON STOCKS - 97.0%
|
Shares
|
Value
|
||||||
|
IT Services - 12.8%
|
||||||||
|
Applied Digital Corp. (a)
|
559,866
|
$
|
3,331,203
|
|||||
|
Core Scientific, Inc. (a)
|
1,362,392
|
12,670,245
|
||||||
|
16,001,448
|
||||||||
|
Semiconductors & Semiconductor Equipment - 4.4%
|
||||||||
|
NVIDIA Corp.
|
38,192
|
4,718,239
|
||||||
|
Taiwan Semiconductor Manufacturing Co., Ltd. - ADR
|
4,138
|
719,226
|
||||||
|
5,437,465
|
||||||||
|
Software - 79.8%(b)
|
||||||||
|
Argo Blockchain PLC - ADR (a)
|
1,759,413
|
2,023,325
|
||||||
|
Bit Digital, Inc. (a)
|
1,768,893
|
5,625,080
|
||||||
|
Bitdeer Technologies Group – Class A (a)
|
533,625
|
5,474,992
|
||||||
|
Bitfarms, Ltd. (a)
|
2,295,173
|
5,898,595
|
||||||
|
Cipher Mining, Inc. (a)
|
2,594,545
|
10,767,362
|
||||||
|
Cleanspark, Inc. (a)
|
1,026,740
|
16,376,503
|
||||||
|
Digihost Technology, Inc. (a)
|
797,895
|
1,021,306
|
||||||
|
HIVE Digital Technologies, Ltd. (a)
|
1,932,059
|
5,950,742
|
||||||
|
Hut 8 Corp. (a)
|
378,589
|
5,675,049
|
||||||
|
Iris Energy, Ltd. (a)
|
1,917,168
|
21,644,827
|
||||||
|
Marathon Digital Holdings, Inc. (a)
|
294,564
|
5,847,095
|
||||||
|
Mawson Infrastructure Group, Inc. (a)
|
541,694
|
774,622
|
||||||
|
Riot Platforms, Inc. (a)
|
641,529
|
5,863,575
|
||||||
|
Stronghold Digital Mining, Inc. – Class A (a)
|
105,540
|
452,767
|
||||||
|
Terawulf, Inc. (a)
|
1,327,050
|
5,905,372
|
||||||
|
99,301,212
|
||||||||
|
TOTAL COMMON STOCKS (Cost $100,043,343)
|
120,740,125
|
|||||||
|
TOTAL INVESTMENTS - 97.0% (Cost $100,043,343)
|
120,740,125
|
|||||||
|
Other Assets in Excess of Liabilities - 3.0%
|
3,751,231
|
|||||||
|
TOTAL NET ASSETS - 100.0%
|
$
|
124,491,356
|
||||||
|
ADR - American Depositary Receipt
|
|
PLC - Public Limited Company
|
|
(a)
|
Non-income producing security.
|
|
(b)
|
To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect those
industries or sectors.
|
|
Valkyrie Bitcoin Miners Opportunities ETF
|
||||||||||
|
Summary of Fair Value Disclosure at June 30, 2024 (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, 2024:
|
||||||||||
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|||||||||||||
|
Total Common Stocks
|
$
|
120,740,125
|
$
|
-
|
$
|
-
|
$
|
120,740,125
|
||||||||
|
Total Investments
|
$
|
120,740,125
|
$
|
-
|
$
|
-
|
$
|
120,740,125
|
||||||||
|
Refer to the Fund's Schedule of Investments for a detailed break-out of holdings by industry.
|
||||||||||||||||