Company: SVIX
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001213900-25-044385
Chunk: 2

Company: VS Trust
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 2
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    $287,886,600  
    $173,411,286  
    $300,123,823  
    $187,711,259 
  
    Shares Outstanding^ 
     14,170,000  
     4,677,473(1) 
     11,820,000  
     5,531,498(1)
  
    Net Asset Value, Offering and Redemption Price per Share 
    $20.32  
    $37.07(1) 
    $25.39  
    $33.93(1)
  
    Market Value per Share (Note 2) 
    $20.34  
    $37.24(1) 
    $25.37  
    $34.00(1)

    *Investments in securities, at cost 
     111,569,643  
     67,740,523  
     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 occured at the commencement of operations.

See accompanying notes to the financial statements.

F-1

VS Trust

Statements of Operations

For the Three Months Ended March 31, 2025 (Unaudited)
and March 31, 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 

    March 31, 2025  
    March 31, 2025  
    March 31, 2024  
    March 31, 2024 

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

    Income: 

    Dividends 
     -  
     -  
     -  
     - 
  
    Interest income 
     1,405,026  
     1,193,644  
    $383,780  
    $216,466 
  
    Other