Company: SVIX
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001213900-25-075845
Chunk: 2

Company: VS Trust
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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    $187,711,259 
  
    Shares Outstanding^ 
     17,270,000  
     26,757,473(1) 
     11,820,000  
     5,531,498(1)
  
    Net Asset Value, Offering and Redemption Price per Share 
    $15.57  
    $22.31(1) 
    $25.39  
    $33.93(1)
  
    Market Value per Share (Note 2) 
    $15.51  
    $22.44(1) 
    $25.37  
    $34.00(1)

    * Investments in securities, at cost 
    $89,881,942  
    $143,237,062  
    $113,974,059  
    $52,819,184 

^No Par Value

(1)Adjusted to reflect a 1:10 reverse stock split on January 15,
2025, as if it occurred at the commencement of operations.

See accompanying notes to the financial statements.

F-1

VS Trust

Statements of Operations

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

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

    Quarter Ended  
    Quarter Ended  
    Quarter Ended  
    Quarter Ended 

    June 30,
 2025  
    June 30,
 2025  
    June 30,
 2024  
    June 30,
 2024 

    (Unaudited)  
    (Unaudited)  
    (Unaudited)  
    (Unaudited) 
  
    INVESTMENT INCOME 

    Income: 

    Interest income 
    $2,385,094  
    $1,188,948  
    $744,592  
    $299,459 
  
    Other Income 
     (607) 
     -  
     -  
     - 
  
    Total Income 
     2,384,487  
     1,188,948  
     744,592