Company: SVIX
Filing Date: 2025-09-16
Form Type: 424B3
Source: 0001213900-25-087932
Chunk: 8

Company: VS Trust
Filing Date: 2025-09-16
Form: 424B3
Chunk 8
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.S. Bancorp Fund Services LLC “Fund Accounting Agreement”means the fund accounting servicing agreement between the Trust and USBFS “Index”means the Short Index (as defined herein) or the Long Index (as defined herein), as the context requires 1 “Index Sponsor”means Volatility Shares LLC “Long Index”means the Long VIX Futures Index “Marketing Agent”means Foreside Fund Services, LLC “NAV”means net asset value “NFA”means The National Futures Association “ Non -U .S. Shareholder”means a Fund shareholder who is a nonresident alien or foreign entity “NSCC”means the National Securities Clearing Corporation “NYSE”means the New York Stock Exchange “OTC”means over -the -counter “Participant Agreement”means the written agreement between and Authorized Participant and the Fund or one of its service providers that allows the Authorized Participant to place orders for the purchase or redemption of Creation Units The “Prospectus”means the Funds’ prospectus, as it may be revised and updated from time to time “SEC”means the U.S. Securities and Exchange Commission “Shares”means the shares of the Fund “Short Index”means the Short VIX Futures Index “ Sponsor” means Volatility Shares “ Sponsor Agreement” means the agreement by and between the Trust, for itself and on behalf of the Funds, and Volatility Shares, as sponsor to, and commodity pool operator, the Trust and the Funds “ Sub -Administratormeans U.S. Bancorp Fund Services LLC “ Sub -Administration Agreement”means the fund sub -administrationservicing agreement between the Trust and UFBFS “SVIX”means -1xShort VIX Futures ETF “Transfer Agent”means U.S. Bancorp Fund Services LLC “Transmittal Date”means the Business Day on which an order to purchase or redeem Creation Units is received in proper form The “Trust”means the VS Trust “USBFS”means U.S. Bancorp Fund Services LLC “UVIX”means 2x Long VIX Futures ETF “VIX”means CBOE Volatility Index “Volatility Shares”means Volatility Shares LLC 2 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS This prospectus includes “forward -lookingstatements” within the meaning of the federal securities laws that involve risks and uncertainties. Forward -lookingstatements include statements we make concerning our plans, objectives, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs and other information that