# EDGAR Filing Document

**Accession Number:** 0001683471
**File Stem:** 0000894189-25-014666
**Filing Date:** 2025-11
**Character Count:** 24733
**Document Hash:** 51313fac21c7042bb1b052987d010fbc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-014666.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0000894189-25-014666

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Listed Funds Trust
- **CENTRAL INDEX KEY:** 0001683471

**ORGANIZATION NAME:**
- **EIN:** 826272597
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23226
- **FILM NUMBER:** 251516355

**BUSINESS ADDRESS:**
- **STREET 1:** 615 E. MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 414-765-5144

**MAIL ADDRESS:**
- **STREET 1:** 615 E. MICHIGAN STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Active Weighting Funds ETF Trust
- **DATE OF NAME CHANGE:** 20160830

## Series and Classes Contracts Data

### Horizon Kinetics Blockchain Development ETF (Series ID: S000076848)

| Class ID   | Class Name                                  | Ticker Symbol   |
|:---|:---|:---|
| C000236948 | Horizon Kinetics Blockchain Development ETF | BCDF            |

## Nport-Ex

---

| | | | |
|:---|:---|:---|:---|
| **Horizon Kinetics Blockchain Development ETF** | **Horizon Kinetics Blockchain Development ETF** | **Horizon Kinetics Blockchain Development ETF** | **Horizon Kinetics Blockchain Development 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)** |
| **COMMON STOCKS - 91.2%** | **COMMON STOCKS - 91.2%** | **Shares** | **Value**  |
| **Capital Markets - 31.0% <sup>(a)</sup>** | **Capital Markets - 31.0% <sup>(a)</sup>** | **Capital Markets - 31.0% <sup>(a)</sup>** | |
| Bakkt Holdings, Inc. <sup>(b)</sup> | Bakkt Holdings, Inc. <sup>(b)</sup> | 13985 | $470595 |
| Booz Allen Hamilton Holding Corp. | Booz Allen Hamilton Holding Corp. | 965 | 96452 |
| Broadridge Financial Solutions, Inc. | Broadridge Financial Solutions, Inc. | 1775 | 422752 |
| CACI International, Inc. - Class A <sup>(b)</sup> | CACI International, Inc. - Class A <sup>(b)</sup> | 1742 | 868875 |
| Forge Global Holdings, Inc. <sup>(b)</sup> | Forge Global Holdings, Inc. <sup>(b)</sup> | 104 | 1758 |
| Galaxy Digital, Inc. - Class A <sup>(b)</sup> | Galaxy Digital, Inc. - Class A <sup>(b)</sup> | 31691 | 1071473 |
| Hawaiian Electric Industries, Inc. <sup>(b)</sup> | Hawaiian Electric Industries, Inc. <sup>(b)</sup> | 58408 | 644824 |
| MarketAxess Holdings, Inc. | MarketAxess Holdings, Inc. | 1902 | 331423 |
| OTC Markets Group, Inc. - Class A | OTC Markets Group, Inc. - Class A | 8178 | 433434 |
| Science Applications International Corp. | Science Applications International Corp. | 5331 | 529741 |
| Tradeweb Markets, Inc. - Class A | Tradeweb Markets, Inc. - Class A | 5283 | 586307 |
| WisdomTree, Inc. | WisdomTree, Inc. | 45360 | 630504 |
|  |  |  | 6088138 |
| **Global Exchanges - 47.8% <sup>(a)</sup>** | **Global Exchanges - 47.8% <sup>(a)</sup>** | **Global Exchanges - 47.8% <sup>(a)</sup>** |  |
| ASX Ltd. | ASX Ltd. | 15425 | 598963 |
| Cboe Global Markets, Inc. | Cboe Global Markets, Inc. | 5050 | 1238513 |
| Deutsche Boerse AG | Deutsche Boerse AG | 3279 | 878833 |
| Euronext NV <sup>(c)</sup> | Euronext NV <sup>(c)</sup> | 1567 | 234573 |
| Hellenic Exchanges - Athens Stock Exchange SA | Hellenic Exchanges - Athens Stock Exchange SA | 19556 | 152577 |
| Intercontinental Exchange, Inc. | Intercontinental Exchange, Inc. | 6201 | 1044745 |
| Japan Exchange Group, Inc. | Japan Exchange Group, Inc. | 66300 | 741854 |
| London Stock Exchange Group PLC | London Stock Exchange Group PLC | 4674 | 535861 |
| Miami International Holdings, Inc. <sup>(b)</sup> | Miami International Holdings, Inc. <sup>(b)</sup> | 16989 | 683977 |
| Nasdaq, Inc. | Nasdaq, Inc. | 11606 | 1026551 |
| NZX Ltd. | NZX Ltd. | 107140 | 86162 |
| Singapore Exchange Ltd. | Singapore Exchange Ltd. | 80390 | 1030753 |
| Tel Aviv Stock Exchange Ltd. | Tel Aviv Stock Exchange Ltd. | 100 | 2312 |
| TMX Group Ltd. | TMX Group Ltd. | 29581 | 1131876 |
|  |  |  | 9387550 |
| **Investment Companies - 6.0%** | **Investment Companies - 6.0%** | **Investment Companies - 6.0%** |  |
| IREN Ltd. <sup>(b)(d)</sup> | IREN Ltd. <sup>(b)(d)</sup> | 200 | 9386 |
| Urbana Corp. - Class A | Urbana Corp. - Class A | 225454 | 1182848 |
|  |  |  | 1192234 |
| **Motion Pictures & Services - 1.6%** | **Motion Pictures & Services - 1.6%** | **Motion Pictures & Services - 1.6%** |  |
| IG Port, Inc. | IG Port, Inc. | 14704 | 152829 |
| Toei Animation Co. Ltd. | Toei Animation Co. Ltd. | 7936 | 163895 |
|  |  |  | 316724 |
| **Oil Companies - Exploration & Production - 2.6%** | **Oil Companies - Exploration & Production - 2.6%** | **Oil Companies - Exploration & Production - 2.6%** |  |
| Landbridge Co. LLC - Class A | Landbridge Co. LLC - Class A | 9564 | 510239 |
| **Securities & Commodities Exchanges - 2.2%** | **Securities & Commodities Exchanges - 2.2%** | **Securities & Commodities Exchanges - 2.2%** |  |
| CME Group, Inc. | CME Group, Inc. | 1582 | 427441 |
| **TOTAL COMMON STOCKS** (Cost $14,106,683) | **TOTAL COMMON STOCKS** (Cost $14,106,683) | **TOTAL COMMON STOCKS** (Cost $14,106,683) | 17922326 |
| **EXCHANGE TRADED FUNDS - 1.3%** | **EXCHANGE TRADED FUNDS - 1.3%** |  |  |
| Grayscale Bitcoin Mini Trust ETF <sup>(b)</sup> | Grayscale Bitcoin Mini Trust ETF <sup>(b)</sup> | 5062 | 256289 |
| **TOTAL EXCHANGE TRADED FUNDS** (Cost $262,926) | **TOTAL EXCHANGE TRADED FUNDS** (Cost $262,926) | **TOTAL EXCHANGE TRADED FUNDS** (Cost $262,926) | 256289 |
| **TOTAL INVESTMENTS - 92.5% (**Cost $14,369,609**)** | **TOTAL INVESTMENTS - 92.5% (**Cost $14,369,609**)** | **TOTAL INVESTMENTS - 92.5% (**Cost $14,369,609**)** | 18178615 |
| Money Market Deposit Account - 7.5% <sup>(e)(f)</sup> | Money Market Deposit Account - 7.5% <sup>(e)(f)</sup> | Money Market Deposit Account - 7.5% <sup>(e)(f)</sup> | 1470067 |
| Other Assets in Excess of Liabilities - 0.0% <sup>(g)</sup> | Other Assets in Excess of Liabilities - 0.0% <sup>(g)</sup> | Other Assets in Excess of Liabilities - 0.0% <sup>(g)</sup> | 675 |
| **TOTAL NET ASSETS - 100.0%** | 0.0% | 0.0% | $19649357 |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |

---

LLC - Limited Liability Company <br> PLC - Public Limited Company

(a) To the extent that the Fund invests more heavily in a particular industry or sector of the economy, its performance will be especially sensitive to developments that significantly affect those
 industries or sectors.

(b) Non-income producing security.

(c) Security is exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may only be resold in transactions exempt from registration to qualified
 institutional investors. As of September 30, 2025, the value of these securities total $234,573 or 1.2% of the Fund's net assets.

(d) All or a portion of this security is on loan as of September 30, 2025. The fair value of these securities was $9,104.

(e) The U.S. Bank Money Market Deposit Account (the "MMDA") is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on
 market conditions and is subject to change daily. The rate as of September 30, 2025, was 3.99%.

(f) All or a portion of this deposit account was purchased using proceeds from securities lending. The fair value of this deposit held from securities lending as of September 30, 2025, is $9,118
 which represented 0.0% of net assets.

(g) Represents less than 0.05% of net assets.

------

#### Summary of Fair Value Disclosure as of September 30, 2025 (Unaudited)
Horizon Kinetics Blockchain Development ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of September 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $17922326 | $– | $– | $17922326 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Exchange Traded Funds | 256289 | – | – | 256289 |
| Total Investments | $18178615 | $– | $– | $18178615 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

---

| |
|:---|
| **Allocation of Portfolio Holdings by Country as of September 30, 2025** |
| (% of Net Assets) |

---

---

| | | |
|:---|:---|:---|
| United States | $11275893 | 57.4% |
| Canada | 2314724 | 11.8 |
| Japan | 1058578 | 5.4 |
| Singapore | 1030753 | 5.2 |
| Germany | 878833 | 4.5 |
| Australia | 608349 | 3.1 |
| United Kingdom | 535861 | 2.7 |
| Netherlands | 234573 | 1.2 |
| Greece | 152577 | 0.8 |
| New Zealand | 86162 | 0.4 |
| Israel | 2312 | 0.0 |
| Other Assets in Excess of Liabilities | 1470742 | 7.5 |
|  | $**19649357** | 100.0<br> **%** |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Listed Funds Trust

- **b. Investment Company Act file number:** 811-23226

- **c. CIK number of Registrant:** 0001683471

- **d. LEI of Registrant:** 549300C5D73JL0P1YC11

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

  - **Street Address 1:** 615 East Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 414-516-1692

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

- **a. Name of Series:** Horizon Kinetics Blockchain Development ETF

- **b. EDGAR series identifier (if any):** S000076848

- **c. LEI of Series:** 549300FMOBCGFQ3ZDA61

**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:** $19673445.98

**Total Liabilities:** $24088.60

**Net Assets:** $19649357.38

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000236948 | 0.40%                | -0.11%               | 0.91%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $304517.46               | $-247141.42                                |
| Month 2  | $-7.66                   | $-39730.49                                 |
| Month 3  | $286.68                  | $159830.49                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Miami International Holdings I | Miami International Holdings Inc              | CUSIP: 59356Q108<br>LEI: 254900TREUDBWGLAP788 | Long             | EC               | CORP              | US        |     16989 | NS      | $683977.14    | 3.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Toei Animation Co Ltd          | Toei Animation Co Ltd                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      7936 | NS      | $163894.78    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Singapore Exchange Ltd         | Singapore Exchange Ltd                        | CUSIP: N/A<br>LEI: 549300IQ650PPXM76X03       | Long             | EC               | CORP              | SG        |     80390 | NS      | $1030752.95   | 5.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq Inc                     | Nasdaq Inc                                    | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |     11606 | NS      | $1026550.70   | 5.22%             |  |  |  | No            |                  1 | On Loan: No      |
| NZX Ltd                        | NZX Ltd                                       | CUSIP: N/A<br>LEI: 254900KTE7C5U39QMD43       | Long             | EC               | CORP              | NZ        |    107140 | NS      | $86161.91     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| OTC Markets Group Inc          | OTC Markets Group Inc                         | CUSIP: 67106F108<br>LEI: 254900LQDMW14QIVAH45 | Long             | EC               | CORP              | US        |      8178 | NS      | $433434.00    | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Science Applications Internati | Science Applications International Corp       | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | EC               | CORP              | US        |      5331 | NS      | $529741.47    | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Tradeweb Markets Inc           | Tradeweb Markets Inc                          | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5283 | NS      | $586307.34    | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Urbana Corp                    | Urbana Corp                                   | CUSIP: 91707P208<br>LEI: 5493003WCSNG13LU3180 | Long             | EC               | CORP              | CA        |    225454 | NS      | $1182847.64   | 6.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TMX Group Ltd                  | TMX Group Ltd                                 | CUSIP: 87262K105<br>LEI: 549300N65GFVKSHGJW59 | Long             | EC               | CORP              | CA        |     29581 | NS      | $1131876.12   | 5.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Tel Aviv Stock Exchange Ltd    | Tel Aviv Stock Exchange Ltd                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |       100 | NS      | $2312.40      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bakkt Holdings Inc             | Bakkt Holdings Inc                            | CUSIP: 05759B305<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13985 | NS      | $470595.25    | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Holding Co | Booz Allen Hamilton Holding Corp              | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |       965 | NS      | $96451.75     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions | Broadridge Financial Solutions Inc            | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |      1775 | NS      | $422751.75    | 2.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Cboe Global Markets Inc        | Cboe Global Markets Inc                       | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |      5050 | NS      | $1238512.50   | 6.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Hellenic Exchanges - Athens St | Hellenic Exchanges - Athens Stock Exchange SA | CUSIP: N/A<br>LEI: 549300GSRN07MNENPL97       | Long             | EC               | CORP              | GR        |     19556 | NS      | $152576.60    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| CME Group Inc                  | CME Group Inc                                 | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |      1582 | NS      | $427440.58    | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CACI International Inc         | CACI International Inc                        | CUSIP: 127190304<br>LEI: SYRPI2D1O9WRTS2WX210 | Long             | EC               | CORP              | US        |      1742 | NS      | $868874.76    | 4.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawaiian Electric Industries I | Hawaiian Electric Industries Inc              | CUSIP: 419870100<br>LEI: JJ8FWOCWCV22X7GUPJ23 | Long             | EC               | CORP              | US        |     58408 | NS      | $644824.32    | 3.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange Inc  | Intercontinental Exchange Inc                 | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |      6201 | NS      | $1044744.48   | 5.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Landbridge Co LLC              | Landbridge Co LLC                             | CUSIP: 514952100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9564 | NS      | $510239.40    | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| MarketAxess Holdings Inc       | MarketAxess Holdings Inc                      | CUSIP: 57060D108<br>LEI: 5493002U1CA1XJOVID83 | Long             | EC               | CORP              | US        |      1902 | NS      | $331423.50    | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Exchange Group Inc       | Japan Exchange Group Inc                      | CUSIP: N/A<br>LEI: 353800578ADEGIJTVW07       | Long             | EC               | CORP              | JP        |     66300 | NS      | $741854.28    | 3.78%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANK MMDA - USBGFS 7        | US BANK MMDA - USBGFS 7                       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |   1470067 | NS      | $1470066.65   | 7.48%             |  |  |  | No            |                  1 | On Loan: No      |
| WisdomTree Inc                 | WisdomTree Inc                                | CUSIP: 97717P104<br>LEI: 549300WIU8IS7UFO7871 | Long             | EC               | CORP              | US        |     45360 | NS      | $630504.00    | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| IG Port Inc                    | IG Port Inc                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     14704 | NS      | $152829.60    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| London Stock Exchange Group PL | London Stock Exchange Group PLC               | CUSIP: G5689U103<br>LEI: 213800QAUUUP6I445N30 | Long             | EC               | CORP              | GB        |      4674 | NS      | $535861.39    | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| IREN Ltd                       | IREN Ltd                                      | CUSIP: N/A<br>LEI: 254900FZF02RB3NNGB71       | Long             | EC               | CORP              | AU        |       200 | NS      | $9386.00      | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Forge Global Holdings Inc      | Forge Global Holdings Inc                     | CUSIP: 34629L202<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       104 | NS      | $1757.60      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Galaxy Digital Inc             | Galaxy Digital Inc                            | CUSIP: 36317J209<br>LEI: 9845001C4070E5N07806 | Long             | EC               | CORP              | US        |     31691 | NS      | $1071472.71   | 5.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Grayscale Bitcoin Mini Trust E | Grayscale Bitcoin Mini Trust ETF              | CUSIP: 389930207<br>LEI: 529900WHTNX5LZCNWB27 | Long             | EC               | RF                | US        |      5062 | NS      | $256289.06    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| ASX Ltd                        | ASX Ltd                                       | CUSIP: N/A<br>LEI: 549300VSBVYUCBIQKT71       | Long             | EC               | CORP              | AU        |     15425 | NS      | $598962.63    | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Boerse AG             | Deutsche Boerse AG                            | CUSIP: N/A<br>LEI: 529900G3SW56SHYNPR95       | Long             | EC               | CORP              | DE        |      3279 | NS      | $878833.34    | 4.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronext NV                    | Euronext NV                                   | CUSIP: N/A<br>LEI: 724500QJ4QSZ3H9QU415       | Long             | EC               | CORP              | NL        |      1567 | NS      | $234573.12    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-24

**Name of Applicant:** Listed Funds Trust

**Signature:** /s/Travis Babich

**Name of Signer:** Listed Funds Trust

**Title:** Treasurer