# EDGAR Filing Document

**Accession Number:** 0001884021
**File Stem:** 0000894189-25-013081
**Filing Date:** 2025-10
**Character Count:** 5225
**Document Hash:** aba5e7687df27a6fcc6e59f19d0781bc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-013081.hdr.sgml**: 20251030

**ACCESSION NUMBER**: 0000894189-25-013081

**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:** 251433767

**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 XRP ETF (Series ID: S000092517)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000260548 | 2x XRP 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 XRP ETF

- **b. EDGAR series identifier (if any):** S000092517

- **c. LEI of Series:** 529900795DZ8TLC2M979

**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:** $605236983.42

**Total Liabilities:** $493574425.59

**Net Assets:** $111662557.83

**Amount of Assets Invested in Other Investment Companies:** $97408909.81

**Cash Not Reported:** $109124228.19

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000260548 | 4.78%                | 56.53%               | -22.96%              |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $35.50                   | $-2523.90                                  |
| Month 2  | $-5335.55                | $0.00                                      |
| Month 3  | $-6031.99                | $7636.11                                   |

**Designated Index Information**

- **Index Name:** CME CF XRP-Dollar Reference Rate New York Variant

- **Index Identifier:** XRPUSDNY

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| TREASURY BILL                  | United States Treasury Bill                | CUSIP: 912797QV2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  500000000 | PA      | $498709025.00  | 446.62%           | 2025-09-23      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                            | CME XRP Futures   Sep25                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |       1651 | NC      | $-17779434.17  | -15.92%           |  |  |  | No            |                  1 | On Loan: No      |
| First American Government Obli | First American Government Obligations Fund | CUSIP: 31846V336<br>LEI: 549300R5MYM6VZF1RM44 | Long             | STIV             | RF                | US        |    8047909 | NS      | $8047908.69    | 7.21%             |  |  |  | No            |                  1 | On Loan: No      |
| REREPOQV2                      | REREPOQV2                                  | CUSIP: N/A<br>LEI: N/A                        | Short            | RA               | CORP              | US        | -493143750 | PA      | $-493143750.00 | -441.64%          |  |  |  | No            |                  2 | 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