# EDGAR Filing Document

**Accession Number:** 0000768847
**File Stem:** 0001410368-25-028406
**Filing Date:** 2025-11
**Character Count:** 31892
**Document Hash:** bedf43b8284fc50492b2d629d23c9dc4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-028406.hdr.sgml**: 20251121

**ACCESSION NUMBER**: 0001410368-25-028406

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251121

**DATE AS OF CHANGE**: 20251121

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VanEck Funds
- **CENTRAL INDEX KEY:** 0000768847

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04297
- **FILM NUMBER:** 251508002

**BUSINESS ADDRESS:**
- **STREET 1:** 666 THIRD AVENUE, 9TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 212-293-2000

**MAIL ADDRESS:**
- **STREET 1:** 666 THIRD AVENUE, 9TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VAN ECK FUNDS
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### Onchain Economy ETF (Series ID: S000091510)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000259178 | Onchain Economy ETF | NODE            |

## Nport-Ex

VANECK

ONCHAIN

ECONOMY

ETF

CONSOLIDATED

SCHEDULE

OF

INVESTMENTS

September

30,

2025

(unaudited)

#### Number

#### of

#### Shares

#### Value

#### COMMON

#### STOCKS:

#### 82.9%

#### Australia

#### :

#### 4.8%
IREN

Ltd.

(USD) \*

37,410

$

1,755,650

Underline

#### Brazil

#### :

#### 3.5%
MercadoLibre,

Inc.

(USD) \*

883,363

NU

Holdings

Ltd.

(USD) \*

22,798

364,996

1,248,359

#### Canada

#### :

#### 6.1%
Bitfarms

Ltd.

(USD) \*

107,172

302,225

Hive

Digital

Technologies

Ltd.

(USD) \*

†

116,298

468,681

Hut

Corp.

(USD) \*

23,660

823,605

Shopify,

Inc.

(USD) \*

4,172

620,001

2,214,512

#### Cayman

#### Islands

#### :

#### 0.8%
Bullish

(USD) \*

4,520

287,517

Underline

#### Hong

#### Kong

#### :

#### 1.0%
Futu

Holdings

Ltd.

(ADR)

2,072

360,342

Underline

#### Japan

#### :

#### 1.4%
Metaplanet,

Inc. \*

24,000

94,438

Metaplanet,

Inc.

(USD) \*

26,900

106,443

SoftBank

Group

Corp.

(ADR) †

4,554

288,268

489,149

#### Netherlands

#### :

#### 0.8%
Flow

Traders

Ltd. \*

9,304

278,413

Underline

#### Singapore

#### :

#### 1.9%
Bitdeer

Technologies

Group

(USD) \*

40,733

696,127

Underline

#### South

#### Korea

#### :

#### 0.8%
SK

Hynix,

Inc.

1,130

280,125

Underline

#### Taiwan

#### :

#### 1.0%
Sea

Ltd.

(ADR) \*

2,000

357,460

Underline

#### United

#### States

#### :

#### 60.8%
American

Electric

Power

Co.,

Inc.

2,967

333,788

Applied

Digital

Corp. \*

†

41,433

950,473

BitMine

Immersion

Technologies,

Inc. \*

6,016

312,411

Centrus

Energy

Corp. \*

†

1,044

323,713

Cipher

Mining,

Inc. \*

129,416

1,629,347

Circle

Internet

Group,

Inc. \*

2,713

359,690

Cleanspark,

Inc. \*

69,361

1,005,735

Coinbase

Global,

Inc. \*

3,405

1,149,153

CompoSecure,

Inc. \*

32,288

672,236

Constellation

Energy

Corp.

858

282,342

Core

Scientific,

Inc. \*

76,737

1,376,662

CoreWeave,

Inc. \*

1,897

259,604

Entergy

Corp.

3,565

332,222

EQT

Corp.

6,183

336,541

Figure

Technology

Solutions,

Inc. \*

16,940

616,108

Galaxy

Digital,

Inc. \*

†

43,166

1,459,442

Gemini

Space

Station,

Inc. \*

†

10,648

255,126

#### Number

#### of

#### Shares

#### Value

#### United

#### States
(continued)

Interactive

Brokers

Group,

Inc.

6,096

$

419,466

Kinder

Morgan,

Inc.

8,340

236,105

Landbridge

Co.

LLC †

4,158

221,829

MARA

Holdings,

Inc. \*

†

32,090

585,963

Mirion

Technologies,

Inc. \*

10,500

244,230

NRG

Energy,

Inc.

2,005

324,710

OGE

Energy

Corp.

6,003

277,759

Riot

Platforms,

Inc. \*

49,233

936,904

Robinhood

Markets,

Inc. \*

6,174

883,993

Solaris

Energy

Infrastructure,

Inc.

9,782

390,987

Strategy,

Inc. \*

2,177

701,451

Talen

Energy

Corp. \*

977

415,596

Terawulf,

Inc. \*

†

111,716

1,275,797

Tesla,

Inc. \*

866

385,128

The

Williams

Companies,

Inc.

4,427

280,450

Vertiv

Holdings

Co.

2,082

314,091

Virtu

Financial,

Inc.

8,547

303,419

Vistra

Corp.

2,694

527,808

WaterBridge

Infrastructure

LLC \*

15,820

398,980

Whitefiber,

Inc. \*

21,300

578,721

Xcel

Energy,

Inc.

5,130

413,735

21,771,715

#### Total

#### Common

#### Stocks
(Cost:

$23,700,138)

29,739,369

#### MASTER

#### LIMITED

#### PARTNERSHIPS:

#### 2.4%

#### Canada

#### :

#### 0.8%
Brookfield

Renewable

Partners

LP

(USD)

10,531

271,594

Underline

#### United

#### States

#### :

#### 1.6%
Alliance

Resource

Partners

LP

12,034

304,280

Energy

Transfer

LP

16,260

279,022

583,302

#### Total

#### Master

#### Limited

#### Partnerships
(Cost:

$865,671)

854,896

#### EXCHANGE

#### TRADED

#### PRODUCTS:

#### 13.5%(a)

#### Liechtenstein

#### :

#### 1.0%
VanEck

Solana

ETN \*

‡

32,528

373,824

Underline

#### United

#### States

#### :

#### 12.5%
VanEck

Bitcoin

ETF \*

‡

122,964

3,980,345

VanEck

Ethereum

ETF \*

‡

8,000

487,440

4,467,785

#### Total

#### Exchange

#### Traded

#### Products
(Cost:

$4,679,530)

4,841,609

#### Total

#### Investments

#### Before

#### Collateral

#### for

#### Securities

#### Loaned:

#### 98.8%
(Cost:

$29,245,339)

35,435,874

VANECK

ONCHAIN

ECONOMY

ETF

CONSOLIDATED

SCHEDULE

OF

INVESTMENTS

(unaudited)

(continued)

FootnoteRuleAboveBlank

#### Footnotes:

#### Number

#### of

#### Shares

#### Value

#### SHORT-TERM

#### INVESTMENT

#### HELD

#### AS

#### COLLATERAL

#### FOR

#### SECURITIES

#### ON

#### LOAN:

#### 14.3%

#### Money

#### Market

#### Fund:

#### 14.3%
(Cost:

$5,118,185)

#### Number

#### of

#### Shares

#### Value
State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

4.18%(x)

5,118,185

$

5,118,185

#### Total

#### Investments:

#### 113.1%
(Cost:

$34,363,524)

40,554,059

#### Liabilities

#### in

#### excess

#### of

#### other

#### assets:

#### (13.1)%
(4,703,760)

#### NET

#### ASSETS:

#### 100.0%
$

35,850,299

#### Definitions:
ADR

Am

erican

Depositary

Receipt

USD

United

States

Dollar

\*

Non-income

producing

†

Security

fully

or

partially

on

loan.

Total

market

value

of

securities

on

loan

is

$4,832,421.

(a) Each

underlying

fund's

shareholder

reports

and

registration

documents

are

available

free

of

charge

on

the

SEC's

website

at

https://www.sec.gov

or

on

the

fund's

webpage.

‡

Affiliated

issuer

–

as

defined

under

the

Investment

Company

Act

of

1940. (x) Rate

shown

is

the

1-day

yield

as

of

09/30/25.

Transactions

in

and

earnings

from

securities

of

affiliates

for

the

period

ended

September

30,

2025

were

as

follows:

#### Value

#### 5/13/2025

#### Purchases

#### Sales

#### Proceeds

#### Net

#### Realized

#### Gain
(Loss)

#### Net

#### Change

#### in

#### Unrealized

#### Appreciation
(Depreciation)

#### Value

#### 9/30/2025

#### Dividend

#### Income
VanEck

Bitcoin

ETF

$–

$3,945,228

$(52,455)

$656

$86,916

$3,980,345

$–

VanEck

Ethereum

ETF

–

446,378

(10,217)

1,352

49,927

487,440

–

VanEck

Solana

ETN

–

348,588

–

–

25,236

373,824

–

Total

$–

$4,740,194

$(62,672)

$2,008

$162,079

$4,841,609

$–

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** VanEck Funds

- **b. Investment Company Act file number:** 811-04297

- **c. CIK number of Registrant:** 0000768847

- **d. LEI of Registrant:** 549300GEIRRGSDOHI251

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

  - **Street Address 1:** 666 THIRD AVENUE, 9TH FLOOR

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10017

  - **Telephone number:** 212-293-2000

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

- **a. Name of Series:** Onchain Economy ETF

- **b. EDGAR series identifier (if any):** S000091510

- **c. LEI of Series:** 254900BQUC9W4HTCLF04

**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:** $40565170.72

**Total Liabilities:** $5123000.69

**Net Assets:** $35442170.03

**Amount of Assets Invested in Other Investment Companies:** $4843206.55

**Cash Not Reported:** $93425.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000259178 | 4.24%                | 7.65%                | 20.10%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $59582.52                | $243247.84                                 |
| Month 2  | $826423.50               | $370468.48                                 |
| Month 3  | $340599.55               | $4620333.86                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| EQT Corp                           | EQT Corp                                                                    | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |      6183 | NS      | $336540.69    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Hut 8 Corp                         | Hut 8 Corp                                                                  | CUSIP: 44812J104<br>LEI: 98450066FEF9C1D3FC20 | Long             | EC               | CORP              | US        |     23660 | NS      | $823604.60    | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co Inc     | American Electric Power Co Inc                                              | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |      2967 | NS      | $333787.50    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                        | Vistra Corp                                                                 | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |      2694 | NS      | $527808.48    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirion Technologies Inc            | Mirion Technologies Inc                                                     | CUSIP: 60471A101<br>LEI: 549300BNTOWVWFNVTJ65 | Long             | EC               | CORP              | US        |     10000 | NS      | $232600.00    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| VanEck Solana ETN                  | VanEck Solana ETN                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | LI        |     32528 | NS      | $373824.33    | 1.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Virtu Financial Inc                | Virtu Financial Inc                                                         | CUSIP: 928254101<br>LEI: 5493001OPW2K42CH3884 | Long             | EC               | CORP              | US        |      8547 | NS      | $303418.50    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Interactive Brokers Group Inc      | Interactive Brokers Group Inc                                               | CUSIP: 45841N107<br>LEI: 5493004DT6DCDUZNDM53 | Long             | EC               | CORP              | US        |      6096 | NS      | $419465.76    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Hive Digital Technologies Ltd      | Hive Digital Technologies Ltd                                               | CUSIP: 433921103<br>LEI: 5493004QCZ1QBI9FS784 | Long             | EC               | CORP              | CA        |    116298 | NS      | $468680.94    | 1.32%             |  |  |  | No            |                  1 | On Loan: —       |
| VanEck Bitcoin ETF/US              | VanEck Bitcoin ETF/US                                                       | CUSIP: 92189K105<br>LEI: 549300TNL4G0U4518067 | Long             | EC               | RF                | US        |    122964 | NS      | $3980344.68   | 11.23%            |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors       | State Street Navigator Securities Lending Government Money Market Portfolio | CUSIP: 857509301<br>LEI: 5493008BJIBKQ5KTIF74 | Long             | STIV             | RF                | US        |   5107390 | NS      | $5107390.50   | 14.41%            |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The               | Williams Cos Inc/The                                                        | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |      4427 | NS      | $280450.45    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Sea Ltd                            | Sea Ltd                                                                     | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | KY        |      2000 | NS      | $357460.00    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets Inc              | Robinhood Markets Inc                                                       | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |      6174 | NS      | $883993.32    | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy Inc                    | Xcel Energy Inc                                                             | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |      5130 | NS      | $413734.50    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc                     | NRG Energy Inc                                                              | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |      2005 | NS      | $324709.75    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Futu Holdings Ltd                  | Futu Holdings Ltd                                                           | CUSIP: 36118L106<br>LEI: 213800X4W4ZRESFPTQ37 | Long             | EC               | CORP              | KY        |      2072 | NS      | $360341.52    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CompoSecure Inc                    | CompoSecure Inc                                                             | CUSIP: 20459V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32288 | NS      | $672236.16    | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Talen Energy Corp                  | Talen Energy Corp                                                           | CUSIP: 87422Q109<br>LEI: K5K33XN0PQAU1XF7NN66 | Long             | EC               | CORP              | US        |       977 | NS      | $415596.26    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Digital Corp               | Applied Digital Corp                                                        | CUSIP: 038169207<br>LEI: 2549004NE2B6RYXINZ02 | Long             | EC               | CORP              | US        |     41433 | NS      | $950473.02    | 2.68%             |  |  |  | No            |                  1 | On Loan: —       |
| Solaris Energy Infrastructure Inc  | Solaris Energy Infrastructure Inc                                           | CUSIP: 83418M103<br>LEI: 529900MTK3C8Y8TIIC10 | Long             | EC               | CORP              | US        |      9782 | NS      | $390986.54    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MARA Holdings Inc                  | MARA Holdings Inc                                                           | CUSIP: 565788106<br>LEI: 549300M8ISKPTX2W7F94 | Long             | EC               | CORP              | US        |     32090 | NS      | $585963.40    | 1.65%             |  |  |  | No            |                  1 | On Loan: —       |
| CoreWeave Inc                      | CoreWeave Inc                                                               | CUSIP: 21873S108<br>LEI: 984500511DP2B6186053 | Long             | EC               | CORP              | US        |      1897 | NS      | $259604.45    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co                 | Vertiv Holdings Co                                                          | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |      2082 | NS      | $314090.52    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Bullish                            | Bullish                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      4520 | NS      | $287517.20    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp          | Constellation Energy Corp                                                   | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |       858 | NS      | $282342.06    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Flow Traders Ltd                   | Flow Traders Ltd                                                            | CUSIP: 000000000<br>LEI: 549300GSUZI1V3BEXQ36 | Long             | EC               | CORP              | BM        |      9304 | NS      | $278413.01    | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Entergy Corp                       | Entergy Corp                                                                | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |      3565 | NS      | $332222.35    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Galaxy Digital Inc                 | Galaxy Digital Inc                                                          | CUSIP: 36317J209<br>LEI: 9845001C4070E5N07806 | Long             | EC               | CORP              | US        |     43166 | NS      | $1459442.46   | 4.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Brookfield Renewable Partners LP   | Brookfield Renewable Partners LP                                            | CUSIP: 000000000<br>LEI: VA8DFMRI2GY8Y7V79H93 | Long             | EC               | CORP              | BM        |     10531 | NS      | $271594.49    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Cleanspark Inc                     | Cleanspark Inc                                                              | CUSIP: 18452B209<br>LEI: 254900VO7KBRJQDGY810 | Long             | EC               | CORP              | US        |     69361 | NS      | $1005734.50   | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Cipher Mining Inc                  | Cipher Mining Inc                                                           | CUSIP: 17253J106<br>LEI: 254900QABG5HCQZ28A17 | Long             | EC               | CORP              | US        |    129416 | NS      | $1629347.44   | 4.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Riot Platforms Inc                 | Riot Platforms Inc                                                          | CUSIP: 767292105<br>LEI: 5299005LKZAJQDQZDF73 | Long             | EC               | CORP              | US        |     49233 | NS      | $936903.99    | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| VanEck Ethereum ETF                | VanEck Ethereum ETF                                                         | CUSIP: 92189L103<br>LEI: N/A                  | Long             | EC               | RF                | US        |      8000 | NS      | $487440.00    | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Bitfarms Ltd/Canada                | Bitfarms Ltd/Canada                                                         | CUSIP: 09173B107<br>LEI: 254900YWMA64Y1RPNJ12 | Long             | EC               | CORP              | CA        |    107172 | NS      | $302225.04    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| WaterBridge Infrastructure LLC     | WaterBridge Infrastructure LLC                                              | CUSIP: 940923105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15820 | NS      | $398980.40    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| OGE Energy Corp                    | OGE Energy Corp                                                             | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |      6003 | NS      | $277758.81    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                          | Tesla Inc                                                                   | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |       866 | NS      | $385127.52    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Transfer LP                 | Energy Transfer LP                                                          | CUSIP: 29273V100<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | EC               | CORP              | US        |     16260 | NS      | $279021.60    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Figure Technology Solutions Inc    | Figure Technology Solutions Inc                                             | CUSIP: 349381103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16940 | NS      | $616107.80    | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc                  | Kinder Morgan Inc                                                           | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |      8340 | NS      | $236105.40    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Centrus Energy Corp                | Centrus Energy Corp                                                         | CUSIP: 15643U104<br>LEI: 549300G6VDK9G8276661 | Long             | EC               | CORP              | US        |      1044 | NS      | $323713.08    | 0.91%             |  |  |  | No            |                  1 | On Loan: —       |
| Metaplanet Inc                     | Metaplanet Inc                                                              | CUSIP: 000000000<br>LEI: 3538006DGBY53D3UEV95 | Long             | EC               | CORP              | JP        |     26900 | NS      | $106443.30    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliance Resource Partners LP      | Alliance Resource Partners LP                                               | CUSIP: 01877R108<br>LEI: 529900T4Q5UPWOUFG783 | Long             | EC               | CORP              | US        |     12034 | NS      | $304279.69    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Strategy Inc                       | Strategy Inc                                                                | CUSIP: 594972408<br>LEI: 549300WQTWEJUEHXQX21 | Long             | EC               | CORP              | US        |      2177 | NS      | $701451.17    | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| IREN Ltd                           | IREN Ltd                                                                    | CUSIP: 000000000<br>LEI: 254900FZF02RB3NNGB71 | Long             | EC               | CORP              | AU        |     37410 | NS      | $1755651.30   | 4.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Bitdeer Technologies Group         | Bitdeer Technologies Group                                                  | CUSIP: 000000000<br>LEI: 2549007M2KGWVJ9XFP20 | Long             | EC               | CORP              | KY        |     39233 | NS      | $670491.97    | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Metaplanet Inc                     | Metaplanet Inc                                                              | CUSIP: 000000000<br>LEI: 3538006DGBY53D3UEV95 | Long             | EC               | CORP              | JP        |     24000 | NS      | $94437.84     | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Core Scientific Inc                | Core Scientific Inc                                                         | CUSIP: 21874A106<br>LEI: 5299003RGB2LAZ65RK73 | Long             | EC               | CORP              | US        |     76737 | NS      | $1376661.78   | 3.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Shopify Inc                        | Shopify Inc                                                                 | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |      4172 | NS      | $620000.92    | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Hynix Inc                       | SK Hynix Inc                                                                | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |      1130 | NS      | $280124.59    | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| NU Holdings Ltd/Cayman Islands     | NU Holdings Ltd/Cayman Islands                                              | CUSIP: 000000000<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | KY        |     22798 | NS      | $364995.98    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Terawulf Inc                       | Terawulf Inc                                                                | CUSIP: 88080T104<br>LEI: 254900CVMW1SX2T78A64 | Long             | EC               | CORP              | US        |    111716 | NS      | $1275796.72   | 3.60%             |  |  |  | No            |                  1 | On Loan: —       |
| Whitefiber Inc                     | Whitefiber Inc                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     21300 | NS      | $578721.00    | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre Inc                   | MercadoLibre Inc                                                            | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |       358 | NS      | $836624.52    | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Circle Internet Group Inc          | Circle Internet Group Inc                                                   | CUSIP: 172573107<br>LEI: 254900HFVVR6NPMQVN93 | Long             | EC               | CORP              | US        |      2713 | NS      | $359689.54    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BitMine Immersion Technologies Inc | BitMine Immersion Technologies Inc                                          | CUSIP: 09175A206<br>LEI: 254900TGJJ1D9JNAQT27 | Long             | EC               | CORP              | US        |      6016 | NS      | $312410.88    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Landbridge Co LLC                  | Landbridge Co LLC                                                           | CUSIP: 514952100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4158 | NS      | $221829.30    | 0.63%             |  |  |  | No            |                  1 | On Loan: —       |
| Gemini Space Station Inc           | Gemini Space Station Inc                                                    | CUSIP: 36866J105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10648 | NS      | $255126.08    | 0.72%             |  |  |  | No            |                  1 | On Loan: —       |
| SoftBank Group Corp                | SoftBank Group Corp                                                         | CUSIP: 83404D109<br>LEI: 5493003BZYYYCDIO0R13 | Long             | EC               | CORP              | JP        |      4554 | NS      | $288268.20    | 0.81%             |  |  |  | No            |                  1 | On Loan: —       |
| Coinbase Global Inc                | Coinbase Global Inc                                                         | CUSIP: 19260Q107<br>LEI: 5493004G3J2SC154DU06 | Long             | EC               | CORP              | US        |      3405 | NS      | $1149153.45   | 3.24%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** VanEck Funds

**Signature:** James Parker

**Name of Signer:** James Parker

**Title:** Assistant Treasurer