Company: SVIX
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001213900-25-109885
Chunk: 41

Company: VS Trust
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 41
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    Net Amounts of Liabilities presented in the Statements of Financial Condition 
  
    -1x Short VIX Futures ETF 
    $-  
    $           -  
    $-  
    $3,655,035  
    $           -  
    $3,655,035 
  
    2x Long VIX Futures ETF 
     4,152,478  
     -  
     4,152,478  
     -  
     -  
     - 

F-27

Asset (Liability) amounts shown in the table below
represent amounts owed to (by) the Funds for the derivative-related investments at September 30, 2025 and December 31, 2024. These amounts
may be collateralized by cash or financial instruments, segregated for the benefit of the Funds or the counterparties, depending on whether
the related contracts are in an appreciated or depreciated position at period end. Amounts shown in the column labeled “Net Amount”
represent the uncollateralized portions of these amounts at period end. These amounts may be un-collateralized due to timing differences
related to market movements or due to minimum thresholds for collateral movement, as further described above under the caption “Accounting
for Derivative Instruments”.

    Gross Amounts Not Offset in the Statements of Financial Condition as of September 30, 2025 (Unaudited)
  
    Fund 
    Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial Condition  
    Financial Instruments
for the Benefit
of (the Funds) / the Counterparties  
    Cash Collateral for
the Benefit of
(the Funds) /the Counterparties  
    Net Amount 
  
    -1x Short VIX Futures ETF 
    $961,398  
    $           -  
    $           -  
    $961,398 
  
    2x Long VIX Futures ETF 
     (6,366,987) 
     -  
     -  
     (6,366,987)

    Gross Amounts Not Offset in the Statements of Financial Condition as of December 31, 2024
  
    Fund 
    Amounts of Recognized Assets / (Liabilities) presented in the Statements of Financial