# EDGAR Filing Document

**Accession Number:** 0001793497
**File Stem:** 0001213900-23-023453
**Filing Date:** 2023-3
**Character Count:** 4994
**Document Hash:** ec7f34959bd09c8246f062ed0808f46e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-23-023453.hdr.sgml**: 20230328

**ACCESSION NUMBER**: 0001213900-23-023453

**CONFORMED SUBMISSION TYPE**: 424I

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230328

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VS Trust
- **CENTRAL INDEX KEY:** 0001793497
- **STANDARD INDUSTRIAL CLASSIFICATION:** [6221]
- **IRS NUMBER:** 846704517
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 424I
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-248430
- **FILM NUMBER:** 23767038

**BUSINESS ADDRESS:**
- **STREET 1:** 100 SOUTH BEDFORD ROAD, SUITE 340
- **CITY:** MOUNT KISCO
- **STATE:** NY
- **ZIP:** 10549
- **BUSINESS PHONE:** 2039986005

**MAIL ADDRESS:**
- **STREET 1:** 100 SOUTH BEDFORD ROAD, SUITE 340
- **CITY:** MOUNT KISCO
- **STATE:** NY
- **ZIP:** 10549

Filed Pursuant to Rule 424(i)

Registration Nos. 333-248430

PROSPECTUS PURSUANT TO RULE 424(i)

FOR FISCAL YEAR ENDING DECEMBER 31, 2022

**VS TRUST**

**-1x Short VIX Futures ETF**

**2x Long VIX Futures ETF**

**Calculation of Registration Fees Pursuant to Rule 457(u)**

This prospectus filed pursuant to Rule 424(i) of the Securities Act of 1933 (the "1933 Act"), sets forth the registration fee due under Rule 456(d) under the 1933 Act for the fiscal year ended December 31, 2022. The calculation of the registration fee, calculated pursuant to Rule 457(u) under the 1933 Act, is included in an exhibit hereto.

## Ex-Filing

**Exhibit 107**

**Calculation Of Registration Fees Pursuant To Rule 457(u)**

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| | |
|:---|:---|
| 1. Name and address of issuer: | VS Trust <br> -1x Short VIX Futures ETF<br> 2x Long VIX Futures ETF<br>c/o Volatility Shares LLC<br> 2000 PGA Boulevard,<br> Suite 4440 Palm Beach<br> Gardens, FL. 33408 |
| 2. The name of securities: | Common units of beneficial interest |
| 3. Securities Act File Number: | 333-248430 |
| 4. Last day of fiscal year for which this prospectus is filed: | December 31, 2022<sup>1</sup> |
| 5. Calculation of registration fee: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Aggregate sale price of securities sold during the fiscal year pursuant to Rule 456(d): | $589198567.00 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Aggregate price of securities redeemed or repurchased during the fiscal year: | $(356913804.00) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Aggregate price of securities redeemed or repurchased during any prior fiscal year, that were not previously used to reduce registration fees payable to the Commission: | $- |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) Total available redemption credits [add Items 5(ii) and 5(iii)]: | $(356913804.00) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) Net sales – if Item 5(i) is greater than Item 5(iv) [subtract Item 5(iv) from Item 5(i)]: | $232284763.00 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) Redemption credits available for use in future years — if Item 5(i) is less than Item 5(iv) [subtract Item 5(iv) from Item 5(i)]: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) Multiplier for determining registration fee: | 0.00011020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(viii) Registration fee due [multiply Item 5(v) by Item 5(vii)]: | $25597.78 |
| 6. Credit for Previously Paid Registration Fees: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Pursuant to Rule 457(b) under the Securities Act, the registration fee for the registration of Fund shares ("Shares") shall be reduced in an amount equal to any fee paid to the United States Securities and Exchange Commission under Section 457. The registration fee for the Shares will be partially offset by the registration fee associated with unsold securities registered pursuant to that certain registration statement on Form S-1 (File No. 333-248430) filed by VS Trust on August 26, 2020 (the "Prior Registration Statement"). A registration fee of $25,960 was paid in connection with the registration of Shares with $200,000,000 of value. Those shares were unsold previously unsold under the Prior Registration Statement. As a result, the following amount will be applied to fully offset filing fees due under Rule 456(d): | $25960.00 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Previously paid registration fee credits available for use in future years – if Item 6(i) is greater than Item 5(viii) [subtract 5(viii) from 6(i)]: | $362.22 |
| 7. Interest due pursuant to Rule 456(d)(5) – if this supplement is being filed more than 90 days after the end of the issuer's fiscal year: | $0.00 |
| 8. Total of the amount of the registration fee due plus any interest due: | $0.00 |

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<sup>1</sup> Aggregate purchase and redemption prices set forth herein reflect the period between March 28, 2022 (the first day that -1x Short VIX Futures ETF and 2x Long VIX Futures ETF (each, a "Fund" and together, the "Funds") began selling shares on their current registration statement), and December 31, 2022 (the Funds' fiscal year end).