# EDGAR Filing Document

**Accession Number:** 0001597389
**File Stem:** 0000940400-26-022015
**Filing Date:** 2026-5
**Character Count:** 7289
**Document Hash:** 028ebfb770cec3c1b79a064187cf8285
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-022015.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0000940400-26-022015

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** USCF ETF Trust
- **CENTRAL INDEX KEY:** 0001597389

**ORGANIZATION NAME:**
- **EIN:** 464572871
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22930
- **FILM NUMBER:** 261035787

**BUSINESS ADDRESS:**
- **STREET 1:** 1850 MT. DIABLO BLVD.
- **STREET 2:** SUITE 640
- **CITY:** WALNUT CREEK
- **STATE:** CA
- **ZIP:** 94596
- **BUSINESS PHONE:** 510-522-9600

**MAIL ADDRESS:**
- **STREET 1:** 1850 MT. DIABLO BLVD.
- **STREET 2:** SUITE 640
- **CITY:** WALNUT CREEK
- **STATE:** CA
- **ZIP:** 94596

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** USCF Equity Trust
- **DATE OF NAME CHANGE:** 20140116

## Series and Classes Contracts Data

### USCF Oil Plus Bitcoin Strategy Fund (Series ID: S000096297)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000265127 | USCF Oil Plus Bitcoin Strategy Fund |  |

## Nport-Ex

**USCF ETF TRUST**

**USCF OIL PLUS BITCOIN STRATEGY FUND**

**CONSOLIDATED SCHEDULE OF INVESTMENTS**

**AT MARCH 31, 2026 (unaudited)**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | **Number of<br> Contracts** | **Notional<br> Amount** | **Expiration<br> Date** | **Fair Value/<br> Unrealized<br> Appreciation/<br> (Depreciation) on <br> Open Commodity<br> Contracts** | **% of Total<br> Net Assets** |
| **Open Commodity Futures Contracts – Long** |  |  |  |  |  |
| **United States Contracts<sup>(a)</sup>** |  |  |  |  |  |
| WTI Crude Oil Futures WM, May 2026 contracts, contracts | 50 | $369496 | Apr-26 | $137403 | 27.0% |
| CME Micro Bitcoin BM, April 2026 contracts, September contracts | 23 | 162521 | Apr-26 | (6040) | (1.2)% |
|  | 73 | 532017 |  | 131363 | 25.8% |
| **Total Open Commodity Futures Contracts<sup>(b)</sup>** | **73** | $**532017** |  | $**131363** | **25.8%** |
| **Exchange-Traded Funds** |  |  |  |  |  |
| Proshares Ultra Bitcoin ETF |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $167,808) |  |  | 15200 | $176928 | 34.7% |
| **Short-Term Investments** |  |  |  |  |  |
| **Total Investments** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;(Cost $167,808) |  |  |  | $**176928** | **34.7%** |
| Other Assets in Excess of Liabilities |  |  |  | 332373 | 65.3% |
| **Total Net Assets** |  |  |  | $**509301** | **100.0%** |

---

(a) All, or part of investment
 is held in the Fund's wholly owned subsidiary.

(b) Collateral amounted to $97,198 on open
 Commodity Futures Contracts.

**USCF ETF TRUST**

**USCF OIL PLUS BITCOIN STRATEGY FUND**

**CONSOLIDATED SCHEDULE OF INVESTMENTS**

**AT MARCH 31, 2026 (unaudited) (continued)**

---

| | |
|:---|:---|
| **<u>Summary of Portfolio Holdings by Country^</u>** |  |
| United States | 42.6% |
| **<u>Summary of Portfolio Holdings by Country^</u>** |  |
| United States | 100.0% |
| **<u>Summary of Portfolio Holdings by Country^</u>** |  |
| United States | 100.0% |
| **<u>Summary of Portfolio Holdings by Sector</u>** | **% of Total<br> Net Assets** |
| Exchange Traded Fund | 34.7% |
| Commodity Derivatives | 25.8% |

---

---

| | |
|:---|:---|
| ^ | As a percentage of portfolio holdings, which includes investments and other financial instruments shown on the Consolidated Schedule of Investments. |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-22930

- **c. CIK number of Registrant:** 0001597389

- **d. LEI of Registrant:** 549300MH2TWHBRNV2U91

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

  - **Street Address 1:** 1850 MT.Diablo Boulevard, Suite 640

  - **City:** Walnut Creek

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94596

  - **Telephone number:** 1-800-920-0259

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

- **a. Name of Series:** USCF Oil Plus Bitcoin Strategy Fund

- **b. EDGAR series identifier (if any):** S000096297

- **c. LEI of Series:** 2549009EGSBX5I3AMR06

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

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2026-03-31

**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:** $524826.24

**Total Liabilities:** $15432.20

**Net Assets:** $509394.04

**Amount of Assets Invested in Other Investment Companies:** $99364.14

**Cash Not Reported:** $216268.73

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000265127 | 8.44%                | -19.96%              | 58.78%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $7071.00                 | $-527.87                                   |
| Month 2  | $0.00                    | $16.91                                     |
| Month 3  | $-14.67                  | $9108.96                                   |

**Designated Index Information**

- **Index Name:** S&P Bitcoin Futures Index ER

- **Index Identifier:** SPBTCFUE Index

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| NEW YORK MERCANTILE EXCHANGE, INC. | Micro WTI Crude Oil Futures       | CUSIP: 000000000<br>LEI: 5493008GFNDTXFPHWI47 | N/A              | DCO              | CORP              | US        |        49 | NC      | $137447.55    | 26.98%            |  |  |  | No            |                  1 | On Loan: No      |
| ProShares Trust                    | ProShares Trust ULTRA BITCOIN ETF | CUSIP: 74349Y704<br>LEI: 5493005D9DS7C1P5AM59 | Long             | EC               | RF                | US        |     15200 | NS      | $176928.00    | 34.73%            |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCHANGE INC.   | Micro Bitcoin Futures             | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DFE              | CORP              | US        |        25 | NC      | $-6490.67     | -1.27%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-28

**Name of Applicant:** USCF ETF Trust

**Signature:** Kenneth A. Kalina

**Name of Signer:** Kenneth A. Kalina

**Title:** CCO