Company: SVIX
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-109885
Chunk: 8

Company: VS Trust
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 8
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,332 
  
    Net increase (decrease) in net assets resulting from operations 
     (15,807,416) 
     (475,006,114) 
     20,790,157  
     (62,101,187)

    CAPITAL SHARE TRANSACTIONS 

    Shares sold 
     1,215,129,075  
     2,159,146,360  
     739,964,471  
     392,181,688 
  
    Shares redeemed 
     (1,334,305,423) 
     (1,337,664,596) 
     (568,147,288) 
     (232,747,643)
  
    Net increase (decrease) in net assets from capital share transactions 
     (119,176,348) 
     821,481,764  
     171,817,183  
     159,434,045 
  
    Total increase (decrease) in net assets 
     (134,983,764) 
     346,475,650  
     192,607,340  
     97,332,858 

    NET ASSETS 

    Beginning of Period 
     300,123,823  
     187,711,259  
     125,057,419  
     69,664,996 
  
    End of Period 
    $165,140,059  
    $534,186,909  
    $317,664,759  
    $166,997,854 

See accompanying notes to the financial statements.

F-5

VS Trust

Statements of Cash Flows

For the Three Months Ended September 30, 2025 (Unaudited)
and September 30, 2024 (Unaudited)

    -1x Short VIX Futures ETF  
    2x Long VIX Futures ETF  
    -1x Short VIX Futures ETF  
    2x Long VIX Futures ETF 

    For the Quarter Ended  
    For the Quarter Ended  
    For the Quarter Ended  
    For the Quarter Ended 

    September 30,
2025  
    September 30,
2025  
    September 30,
2024  
    September 30,
2024 

    (Unaudited)