# EDGAR Filing Document

**Accession Number:** 0001884021
**File Stem:** 0000894189-25-013079
**Filing Date:** 2025-10
**Character Count:** 4497
**Document Hash:** 5442cadde214f375316eebd351f5335a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-013079.hdr.sgml**: 20251030

**ACCESSION NUMBER**: 0000894189-25-013079

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251030

**DATE AS OF CHANGE**: 20251030

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Volatility Shares Trust
- **CENTRAL INDEX KEY:** 0001884021

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23785
- **FILM NUMBER:** 251433765

**BUSINESS ADDRESS:**
- **STREET 1:** 2000 PGA BLVD.
- **STREET 2:** SUITE 4400
- **CITY:** PALM BEACH GARDENS
- **STATE:** FL
- **ZIP:** 33408
- **BUSINESS PHONE:** 646-499-0917

**MAIL ADDRESS:**
- **STREET 1:** 2000 PGA BLVD.
- **STREET 2:** SUITE 4400
- **CITY:** PALM BEACH GARDENS
- **STATE:** FL
- **ZIP:** 33408

## Series and Classes Contracts Data

### 2x Wheat ETF (Series ID: S000089074)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000255551 | 2x Wheat ETF |  |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Volatility Shares Trust

- **b. Investment Company Act file number:** 811-23785

- **c. CIK number of Registrant:** 0001884021

- **d. LEI of Registrant:** 54930004NGKHU04MBA84

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 2000 PGA Boulevard

  - **City:** Palm Beach Gardens

  - **State:** FL

  - **Foreign country:** US

  - **Zip / Postal Code:** 33408

  - **Telephone number:** 203-998-6005

**Item A.2. Information about the Series.**

- **a. Name of Series:** 2x Wheat ETF

- **b. EDGAR series identifier (if any):** S000089074

- **c. LEI of Series:** 529900W040DP0JE3GZ58

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-08-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $536760.08

**Total Liabilities:** $835.92

**Net Assets:** $535924.16

**Amount of Assets Invested in Other Investment Companies:** $86251.81

**Cash Not Reported:** $75751.75

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000255551 | -4.25%               | -5.66%               | -3.85%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $36.11                   | $0.00                                      |
| Month 2  | $2.93                    | $0.00                                      |
| Month 3  | $31.79                   | $0.00                                      |

**Designated Index Information**

- **Index Name:** S&P GSCI Wheat Index Excess Return CME

- **Index Identifier:** SPGSWHP

### Schedule of Portfolio Investments

| Name                           | Title                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| N/A                            | WHEAT FUTURE(CBT) Dec25                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DCO              |  | US        |        40 | NC      | $3275.95      | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    448887 | NS      | $448886.89    | 83.76%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** Volatility Shares Trust

**Signature:** /s/ Chang Kim

**Name of Signer:** Chang Kim

**Title:** COO & CCO