# EDGAR Filing Document

**Accession Number:** 0001771146
**File Stem:** 0000894189-25-015960
**Filing Date:** 2025-11
**Character Count:** 15118
**Document Hash:** 4996fd0999bb0cbbf4d34b7b1a1ec105
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-015960.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0000894189-25-015960

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ETF Opportunities Trust
- **CENTRAL INDEX KEY:** 0001771146

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23439
- **FILM NUMBER:** 251529175

**BUSINESS ADDRESS:**
- **STREET 1:** 8370 STONY POINT PARKWAY, SUITE 205
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23235
- **BUSINESS PHONE:** 804-267-7400

**MAIL ADDRESS:**
- **STREET 1:** 8370 STONY POINT PARKWAY, SUITE 205
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23235

## Series and Classes Contracts Data

### REX Bitcoin Corporate Treasury Convertible Bond ETF (Series ID: S000091103)

| Class ID   | Class Name                                          | Ticker Symbol   |
|:---|:---|:---|
| C000258498 | REX Bitcoin Corporate Treasury Convertible Bond ETF |  |

## Nport-Ex

---

| | | | |
|:---|:---|:---|:---|
| **REX BITCOIN CORPORATE TREASURY CONVERTIBLE BOND ETF** | **REX BITCOIN CORPORATE TREASURY CONVERTIBLE BOND ETF** | **REX BITCOIN CORPORATE TREASURY CONVERTIBLE BOND ETF** | **REX BITCOIN CORPORATE TREASURY CONVERTIBLE BOND ETF** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **September 30, 2025 (unaudited)** | **September 30, 2025 (unaudited)** | **September 30, 2025 (unaudited)** | **September 30, 2025 (unaudited)** |
| |  | **Shares** | **Value** |
| 109.71<br>**%** | **CONVERTIBLE BONDS** |  |  |
| 6.28<br>**%** | **COMMUNICATION SERVICES** |  |  |
|  | Trump Media & Technology Group Corp. 05/29/2028 0.011% 144A | 483000 | $451907 |
| 11.49<br>**%** | **CONSUMER DISCRETIONARY** |  |  |
|  | GameStop Corp. 04/01/2030 -0.059% 144A<sup>(A)</sup> | 728000 | 827736 |
| 19.99<br>**%** | **FINANCIALS** |  |  |
|  | MARA Holdings, Inc. 03/01/2030 0.047% 144A<sup>(A)</sup> | 450000 | 451800 |
|  | MARA Holdings, Inc. 06/01/2031 0.035% 144A<sup>(A)</sup> | 420000 | 399665 |
|  | MARA Holdings, Inc. 09/01/2031 2.125% | 138000 | 167258 |
|  | Riot Platforms, Inc. 01/15/2030 0.750% 144A | 275000 | 421233 |
|  |  |  | 1439956 |
| 71.95<br>**%** | **INFORMATION TECHNOLOGY** |  |  |
|  | MicroStrategy Incorporated 12/01/2029 0.039% 144A<sup>(A)</sup> | 1618000 | 1454195 |
|  | MicroStrategy Incorporated 03/01/2030 0.011% 144A<sup>(A)</sup> | 905000 | 954775 |
|  | MicroStrategy Incorporated 03/15/2030 0.625% | 362000 | 812147 |
|  | MicroStrategy Incorporated 03/15/2031 0.875% | 275000 | 432712 |
|  | MicroStrategy, Inc. 06/15/2032 2.250% | 363000 | 648499 |
|  | Strategy Inc. 09/15/2028 0.625% | 465000 | 880012 |
|  |  |  | 5182340 |
| 109.71<br>**%** | **TOTAL CONVERTIBLE BONDS** |  | 7901939 |
|  | (Cost: $7,058,871) |  |  |
| 2.05<br>**%** | **MONEY MARKET FUND** |  |  |
|  | First American Money Market Funds 4.050%<sup>(B)</sup> | 147540 | 147540 |
|  | (Cost: $147,540) |  |  |
| 111.76<br>**%** | **TOTAL INVESTMENTS** |  | 8049479 |
|  | (Cost: $7,206,411) |  |  |
| **(11.76**<br>**%)** | Liabilities in excess of other assets |  | (847146) |
| 100.00<br>**%** | **NET ASSETS** |  | $**7202333** |

| |
|:---|
| **REX BITCOIN CORPORATE TREASURY CONVERTIBLE BOND ETF** |
| **Schedule of Investments** |
| **September 30, 2025 (unaudited)** |
| <sup>(A)</sup>Zero coupon security. The rate shown is the yield-to-maturity on the date of September 30, 2025 |
| <sup>(B)</sup>Effective 7 day yield as of September 30, 2025 |
| **See Notes to Schedule of Investments.** |
| A 144A Security is exempt from the registration requirements for resales of restricted securities to qualified institutional buyers. The aggregate amount of these securities is $4,961,310 and is 68.88% of the Fund's net assets. |
| In accordance with U.S. GAAP, "fair value" is defined as the price that a Fund would receive |
| upon selling an investment in an orderly transaction to an independent buyer in the |
| principal or most advantageous market for the investment. Various inputs are used |
| in determining the value of a Fund's investments. U.S. GAAP established a three-tier |
| hierarchy of inputs to establish a classification of fair value measurements for |
| disclosure purposes. Level 1 includes quoted prices in active markets for identical |
| securities. Level 2 includes other significant observable inputs (including quoted |
| prices for similar securities, interest rates, prepayment speeds, credit risk, etc.). |
| Level 3 includes significant unobservable inputs (including the Fund's own assumptions in |
| determining fair value of investments). |
| The inputs or methodology used for valuing securities are not necessarily an |
| indication of the risk associated with investing in those securities. |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
| The following summarizes the inputs used to value the Fund's investments as of September 30, 2025: | The following summarizes the inputs used to value the Fund's investments as of September 30, 2025: | The following summarizes the inputs used to value the Fund's investments as of September 30, 2025: | The following summarizes the inputs used to value the Fund's investments as of September 30, 2025: |  |
|  | Level 1 | Level 2 | Level 3 |  |
|  |  | Other | Significant |  |
|  |  | Significant | Unobservable |  |
|  | Quoted Prices | Observable Inputs | Inputs | Total |
| CONVERTIBLE BONDS | $- | $7901939 | $- | $7901939 |
| MONEY MARKET FUND | 147540 | - | - | 147540 |
| TOTAL INVESTMENTS | $147540 | $7901939 | $- | $8049479 |
| The cost of investments for Federal income tax purposes has been estimated a/o September 30, 2025 since | The cost of investments for Federal income tax purposes has been estimated a/o September 30, 2025 since | The cost of investments for Federal income tax purposes has been estimated a/o September 30, 2025 since | The cost of investments for Federal income tax purposes has been estimated a/o September 30, 2025 since |  |
| the final tax characteristics cannot be determined until fiscal year end. Cost of securities for Federal income | the final tax characteristics cannot be determined until fiscal year end. Cost of securities for Federal income | the final tax characteristics cannot be determined until fiscal year end. Cost of securities for Federal income | the final tax characteristics cannot be determined until fiscal year end. Cost of securities for Federal income |  |
| tax purpose is $7,206,411, and the related net unrealized appreciation (depreciation) consists of: | tax purpose is $7,206,411, and the related net unrealized appreciation (depreciation) consists of: | tax purpose is $7,206,411, and the related net unrealized appreciation (depreciation) consists of: |  |  |
|  |  |  | Gross unrealized appreciation | $952876 |
|  |  |  | Gross unrealized depreciation | (109808) |
|  |  |  | Net unrealized appreciation | $843068 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ETF Opportunities Trust

- **b. Investment Company Act file number:** 811-23439

- **c. CIK number of Registrant:** 0001771146

- **d. LEI of Registrant:** 549300FWST5041130Z58

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

  - **Street Address 1:** 8730 Stony Point Parkway

  - **City:** Richmond

  - **State:** VA

  - **Foreign country:** US

  - **Zip / Postal Code:** 23235

  - **Telephone number:** 804-267-7400

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

- **a. Name of Series:** REX Bitcoin Corporate Treasury Convertible Bond ETF

- **b. EDGAR series identifier (if any):** S000091103

- **c. LEI of Series:** 254900YLHD83Z2B8WR48

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**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:** $9416341.92

**Total Liabilities:** $773544.35

**Net Assets:** $8642797.57

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.000000000000 | **1-Year:** 171.411876000000 | **5-Year:** 746.489276000000 | **10-Year:** 31.597144000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000258498 | 0.02%                | -6.40%               | 1.52%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $408861.52               | $-325945.41                                |
| Month 2  | $0.00                    | $-790640.48                                |
| Month 3  | $0.00                    | $167034.53                                 |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    147540 | NS      | $147539.81    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| MARA HOLDINGS INC              | MARA Holdings Inc                          | CUSIP: 565788AD8<br>LEI: 549300M8ISKPTX2W7F94 | Long             | DBT              | CORP              | US        |    161000 | PA      | $195134.04    | 2.26%             | 2031-09-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| STRATEGY INC                   | Strategy Inc                               | CUSIP: 594972AL5<br>LEI: 549300WQTWEJUEHXQX21 | Long             | DBT              | CORP              | US        |    322000 | PA      | $506667.00    | 5.86%             | 2031-03-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| STRATEGY INC                   | Strategy Inc                               | CUSIP: 594972AN1<br>LEI: 549300WQTWEJUEHXQX21 | Long             | DBT              | CORP              | US        |    425000 | PA      | $759262.50    | 8.78%             | 2032-06-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| STRATEGY INC                   | Strategy Inc                               | CUSIP: 594972AR2<br>LEI: 549300WQTWEJUEHXQX21 | Long             | DBT              | CORP              | US        |   1898000 | PA      | $1705847.81   | 19.74%            | 2029-12-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| GAMESTOP CORP                  | GameStop Corp                              | CUSIP: 36467WAD1<br>LEI: 549300505KLOET039L77 | Long             | DBT              | CORP              | US        |    854000 | PA      | $970998.00    | 11.23%            | 2030-04-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| STRATEGY INC                   | Strategy Inc                               | CUSIP: 594972AJ0<br>LEI: 549300WQTWEJUEHXQX21 | Long             | DBT              | CORP              | US        |    425000 | PA      | $953487.50    | 11.03%            | 2030-03-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |
| TRUMP MEDIA & TECHNOLOGY       | Trump Media & Technology Group Corp        | CUSIP: 25400QAA3<br>LEI: 6488S3A83U2SRQ48O215 | Long             | DBT              | CORP              | US        |    566000 | PA      | $529563.75    | 6.13%             | 2028-05-29      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| MARA HOLDINGS INC              | MARA Holdings Inc                          | CUSIP: 565788AE6<br>LEI: 549300M8ISKPTX2W7F94 | Long             | DBT              | CORP              | US        |    528000 | PA      | $530112.00    | 6.13%             | 2030-03-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| STRATEGY INC                   | Strategy Inc                               | CUSIP: 594972AT8<br>LEI: 549300WQTWEJUEHXQX21 | Long             | DBT              | CORP              | US        |   1062000 | PA      | $1120410.00   | 12.96%            | 2030-03-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| RIOT PLATFORMS INC             | Riot Platforms Inc                         | CUSIP: 767292AA3<br>LEI: 5299005LKZAJQDQZDF73 | Long             | DBT              | CORP              | US        |    322000 | PA      | $493225.17    | 5.71%             | 2030-01-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| MARA HOLDINGS INC              | MARA Holdings Inc                          | CUSIP: 565788AG1<br>LEI: 549300M8ISKPTX2W7F94 | Long             | DBT              | CORP              | US        |    492000 | PA      | $468178.69    | 5.42%             | 2031-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| STRATEGY INC                   | Strategy Inc                               | CUSIP: 594972AQ4<br>LEI: 549300WQTWEJUEHXQX21 | Long             | DBT              | CORP              | US        |    545000 | PA      | $1031412.50   | 11.93%            | 2028-09-15      | Fixed         | 0.62%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-26

**Name of Applicant:** ETF Opportunities Trust

**Signature:** /s/ Ann MacDonald

**Name of Signer:** Ann MacDonald

**Title:** Principal Financial Officer