Company: SVIX
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001013762-25-004207
Chunk: 377

Company: VS Trust
Filing Date: 2025-03-28
Form: 10-K
Item: Item 1C
Chunk 377
---

  
    Net cash provided by (used in) operating activities 
     (180,814,022) 
     (148,608,975) 
     21,811,417  
     (223,030,295)

    CASH FLOW FROM FINANCING ACTIVITIES 

    Proceeds from shares sold, net of receivable for shares sold 
     828,649,566  
     742,224,982  
     282,198,849  
     471,514,466 
  
    Cost of shares redeemed, net of payable for shares redeemed 
     (652,867,942) 
     (592,426,570) 
     (299,482,468) 
     (248,484,171)
  
    Net cash provided by (used in) financing activities 
     175,781,624  
     149,798,412  
     (17,283,619) 
     223,030,295 

    NET INCREASE (DECREASE) IN CASH 
     (5,032,398) 
     1,189,437 
     4,527,798  
     - 
  
    Beginning of Period 
     5,032,398  
     -  
     504,600  
     - 
  
    End of Period 
    $- 
    $1,189,437 
    $5,032,398  
    $- 

See accompanying notes to the financial statements.

F-6

-1x Short VIX Futures ETF

Schedule of Investments

December 31, 2024

    Notional Amount   Contracts   Value   PURCHASED OPTIONS - 0.5%              Call Options - 0.5%                 CBOE Volatility Index, Expiration: 02/19/2025; Exercise Price: $28.00 (a)(b)  $24,290,000    14,000   $1,484,000   TOTAL PURCHASED OPTIONS (Cost $1,351,377)             1,484,000 

    Shares  
    Value 
  
    SHORT-TERM INVESTMENTS - 37.5% 

    Money Market Funds - 37