# EDGAR Filing Document

**Accession Number:** 0001761055
**File Stem:** 0001410368-25-043413
**Filing Date:** 2025-12
**Character Count:** 38814
**Document Hash:** a2dc09d7407bfba5102020f0176e5654
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-043413.hdr.sgml**: 20251229

**ACCESSION NUMBER**: 0001410368-25-043413

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251229

**DATE AS OF CHANGE**: 20251229

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock ETF Trust
- **CENTRAL INDEX KEY:** 0001761055

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23402
- **FILM NUMBER:** 251606817

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 8004417762

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

## Series and Classes Contracts Data

### iShares International Country Rotation Active ETF (Series ID: S000088408)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000254669 | iShares International Country Rotation Active ETF |  |

## Nport-Ex

October 31, 2025

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

2025 Quarterly Report <br>&nbsp;&nbsp;&nbsp;&nbsp;(Unaudited)<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| |
|:---|
| **BlackRock ETF Trust** |
| • iShares International Country Rotation Active ETF \| CORO \| NASDAQ |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**Not FDIC Insured • May Lose Value • No Bank Guarantee**<br>

------

Schedule of Investments (unaudited)

October 31, 2025

**iShares International Country Rotation Active ETF**

**(Percentages shown are based on Net Assets)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Denmark — 0.1%** | **Denmark — 0.1%** | **Denmark — 0.1%** |
| Novo Nordisk A/S, ADR, NVS | &nbsp;&nbsp;&nbsp; 213 | $10535 |
| **Netherlands — 0.7%** | **Netherlands — 0.7%** | **Netherlands — 0.7%** |
| ASML Holding NV, ADR<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 90 | 95331 |
| **Taiwan — 2.5%** | **Taiwan — 2.5%** | **Taiwan — 2.5%** |
| Taiwan Semiconductor Manufacturing Co. Ltd., ADR | &nbsp;&nbsp;&nbsp; 1215 | 365022 |
| **Total Common Stocks — 3.3%** <br>**(Cost: $342,426)** | **Total Common Stocks — 3.3%** <br>**(Cost: $342,426)** | 470888 |
| **Investment Companies** | **Investment Companies** | **Investment Companies** |
| **Domestic Equity — 3.4%** | **Domestic Equity — 3.4%** | **Domestic Equity — 3.4%** |
| iShares Core S&P 500 ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 707 | 484458 |
| **Exchange Traded Funds — 4.1%** | **Exchange Traded Funds — 4.1%** | **Exchange Traded Funds — 4.1%** |
| iShares MSCI India ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 10824 | 584171 |
| **International Equity — 89.0%** | **International Equity — 89.0%** | **International Equity — 89.0%** |
| iShares MSCI Australia ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 20254 | 542200 |
| iShares MSCI Belgium ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 17008 | 397487 |
| iShares MSCI Brazil ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3731 | 116295 |
| iShares MSCI Canada ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 33592 | 1704458 |
| iShares MSCI Chile ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3352 | 118393 |
| iShares MSCI China ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 20196 | 1283860 |
| iShares MSCI Denmark ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 262 | 28465 |
| iShares MSCI France ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 13212 | 585027 |
| iShares MSCI Germany ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 12630 | 514420 |
| iShares MSCI Hong Kong ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7941 | 171049 |
| iShares MSCI Italy ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7223 | 374224 |
| iShares MSCI Japan ETF<sup>(b)(c)</sup> | &nbsp;&nbsp;&nbsp; 23635 | 1972341 |
| iShares MSCI Mexico ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 1037 | 68992 |
| iShares MSCI Netherlands ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7935 | 466578 |
| iShares MSCI Peru and Global Exposure ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 89 | 5587 |
| iShares MSCI Philippines ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 1633 | 40090 |
| iShares MSCI Qatar ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6915 | 133460 |
| iShares MSCI Saudi Arabia ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 1490 | 60017 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **International Equity (continued)** | **International Equity (continued)** | **International Equity (continued)** |
| iShares MSCI Singapore ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 17986 | $511702 |
| iShares MSCI South Africa ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 476 | 30355 |
| iShares MSCI South Korea ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 9254 | 897638 |
| iShares MSCI Spain ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 18352 | 920720 |
| iShares MSCI Switzerland ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7203 | 398758 |
| iShares MSCI Taiwan ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3304 | 220212 |
| iShares MSCI Thailand ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 403 | 24462 |
| iShares MSCI United Kingdom ETF<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 24999 | 1066707 |
|  |  | 12653497 |
| **Total Investment Companies — 96.5%** <br>**(Cost: $12,049,493)** | **Total Investment Companies — 96.5%** <br>**(Cost: $12,049,493)** | 13722126 |
| **Total Long-Term Investments — 99.8%** <br>**(Cost: $12,391,919)** | **Total Long-Term Investments — 99.8%** <br>**(Cost: $12,391,919)** | 14193014 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 7.6%** | **Money Market Funds — 7.6%** | **Money Market Funds — 7.6%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency Shares, <br> 4.27%<sup>(b)(d)(e)</sup><br>| &nbsp;&nbsp;&nbsp; 1056871 | 1057399 |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency Shares, <br> 4.05%<sup>(b)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 20000 | 20000 |
| **Total Short-Term Securities — 7.6%** <br>**(Cost: $1,077,399)** | **Total Short-Term Securities — 7.6%** <br>**(Cost: $1,077,399)** | 1077399 |
| **Total Investments — 107.4%** <br>**(Cost: $13,469,318)** | **Total Investments — 107.4%** <br>**(Cost: $13,469,318)** | 15270413 |
| **Liabilities in Excess of Other Assets — (7.4)%** | **Liabilities in Excess of Other Assets — (7.4)%** | (1052038)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $14218375 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933. 

<sup>(b)</sup> Affiliate of the Fund.

<sup>(c)</sup> All or a portion of this security is on loan.

<sup>(d)</sup> Annualized 7-day yield as of period end.

<sup>(e)</sup> All or a portion of this security was purchased with the cash collateral from loaned securities. 

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended October 31, 2025 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*07/31/25*<br>| *Purchases* <br>*at Cost*<br>| *Proceeds* <br>*from Sales*<br>| *Net Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*10/31/25*<br>| *Shares* <br>*Held at* <br>*10/31/25*<br>| *Income* | &nbsp;&nbsp; *Capital* <br>*Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency <br> Shares<br>| $136275 | $921135 <br><sup>(a)</sup><br>| $— | $(11)<br>| $— | $1057399 | 1056871 | $1347 <br><sup>(b)</sup><br>| $— |
| BlackRock Cash Funds: Treasury, SL Agency Shares | &nbsp;&nbsp;&nbsp;&nbsp; 20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20000 | 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 306 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares Core S&P 500 ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 461746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 22712 | &nbsp;&nbsp;&nbsp;&nbsp; 484458 | 707 | &nbsp;&nbsp; 1117 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI Australia ETF | &nbsp;&nbsp; 426988 | &nbsp;&nbsp;&nbsp; 206045 | &nbsp;&nbsp; (104652)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1092 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12727 | &nbsp;&nbsp;&nbsp;&nbsp; 542200 | 20254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI Belgium ETF | &nbsp;&nbsp; 365834 | &nbsp;&nbsp;&nbsp;&nbsp; 95952 | &nbsp;&nbsp; (91955)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2702 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24954 | &nbsp;&nbsp;&nbsp;&nbsp; 397487 | 17008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI Brazil ETF | &nbsp;&nbsp; 134476 | &nbsp;&nbsp;&nbsp;&nbsp; 47340 | &nbsp;&nbsp; (85275)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17284 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 116295 | 3731 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI Canada ETF | 1279833 | &nbsp;&nbsp;&nbsp; 405510 | &nbsp;&nbsp; (112755)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 130250 | &nbsp;&nbsp;&nbsp; 1704458 | 33592 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI Chile ETF | &nbsp;&nbsp;&nbsp;&nbsp; 37854 | &nbsp;&nbsp;&nbsp;&nbsp; 89483 | &nbsp;&nbsp; (23404)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 439 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 14021 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 118393 | 3352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI China ETF | &nbsp;&nbsp; 897401 | &nbsp;&nbsp;&nbsp; 336312 | &nbsp;&nbsp; (55663)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1465 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 104345 | &nbsp;&nbsp;&nbsp; 1283860 | 20196 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI Denmark ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 29620 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | (1155)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28465 | 262 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI France ETF | &nbsp;&nbsp; 465408 | &nbsp;&nbsp;&nbsp; 154570 | &nbsp;&nbsp; (64281)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28575 | &nbsp;&nbsp;&nbsp;&nbsp; 585027 | 13212 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**iShares International Country Rotation Active ETF**

**Affiliates (continued)**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at*<br> *07/31/25*<br>| *Purchases*<br> *at Cost*<br>| *Proceeds*<br> *from Sales*<br>| *Net Realized*<br> *Gain (Loss)*<br>| *Change in*<br> *Unrealized*<br> *Appreciation*<br> *(Depreciation)*<br>| *Value at*<br> *10/31/25*<br>| *Shares*<br> *Held at*<br> *10/31/25*<br>| *Income* | &nbsp;&nbsp; *Capital*<br> *Gain*<br> *Distributions*<br> *from*<br> *Underlying*<br> *Funds*<br>|
| iShares MSCI Germany ETF | $589103 | $210576 | &nbsp;&nbsp; $(285931)<br>| $3918 | $(3246)<br>| $514420 | 12630 | $— | $— |
| iShares MSCI Hong Kong ETF | &nbsp;&nbsp; 160818 | &nbsp;&nbsp;&nbsp;&nbsp; 56274 | &nbsp;&nbsp; (52156)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4688 | &nbsp;&nbsp;&nbsp;&nbsp; 171049 | 7941 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI India ETF | &nbsp;&nbsp; 483235 | &nbsp;&nbsp;&nbsp; 138851 | &nbsp;&nbsp; (51826)<br>| (2382)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16293 | &nbsp;&nbsp;&nbsp;&nbsp; 584171 | 10824 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI Israel ETF<sup>(c)</sup> | &nbsp;&nbsp;&nbsp;&nbsp; 64458 | &nbsp;&nbsp;&nbsp;&nbsp; 31267 | &nbsp;&nbsp; (103286)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17905 | (10344)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI Italy ETF | &nbsp;&nbsp; 321490 | &nbsp;&nbsp;&nbsp; 111055 | &nbsp;&nbsp; (81663)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2081 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 21261 | &nbsp;&nbsp;&nbsp;&nbsp; 374224 | 7223 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI Japan ETF | 1399590 | &nbsp;&nbsp;&nbsp; 470330 | &nbsp;&nbsp; (99992)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2290 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200123 | &nbsp;&nbsp;&nbsp; 1972341 | 23635 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI Mexico ETF | &nbsp;&nbsp;&nbsp;&nbsp; 74453 | &nbsp;&nbsp;&nbsp;&nbsp; 17611 | &nbsp;&nbsp; (30615)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1481 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 68992 | 1037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI Netherlands ETF | &nbsp;&nbsp; 316377 | &nbsp;&nbsp;&nbsp; 172822 | &nbsp;&nbsp; (67478)<br>| (652)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 45509 | &nbsp;&nbsp;&nbsp;&nbsp; 466578 | 7935 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI Peru and Global Exposure ETF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5656 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | (69)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5587 | 89 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI Philippines ETF | &nbsp;&nbsp;&nbsp;&nbsp; 29741 | &nbsp;&nbsp;&nbsp;&nbsp; 12434 | &nbsp;&nbsp; (385)<br>| (34)<br>| (1666)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40090 | 1633 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI Qatar ETF | &nbsp;&nbsp; 108181 | &nbsp;&nbsp;&nbsp;&nbsp; 53294 | &nbsp;&nbsp; (25093)<br>| (785)<br>| (2137)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 133460 | 6915 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI Saudi Arabia ETF | &nbsp;&nbsp;&nbsp;&nbsp; 84360 | &nbsp;&nbsp;&nbsp;&nbsp; 24438 | &nbsp;&nbsp; (54510)<br>| (204)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5933 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60017 | 1490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI Singapore ETF | &nbsp;&nbsp; 342045 | &nbsp;&nbsp;&nbsp; 171318 | &nbsp;&nbsp; (25606)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 199 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 23746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 511702 | 17986 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI South Africa ETF | &nbsp;&nbsp; 105729 | &nbsp;&nbsp;&nbsp;&nbsp; 18858 | &nbsp;&nbsp; (112513)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17008 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1273 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30355 | 476 | (90)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI South Korea ETF | &nbsp;&nbsp; 422953 | &nbsp;&nbsp;&nbsp; 289143 | &nbsp;&nbsp; (15508)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 288 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 200762 | &nbsp;&nbsp;&nbsp;&nbsp; 897638 | 9254 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI Spain ETF | &nbsp;&nbsp; 534806 | &nbsp;&nbsp;&nbsp; 307729 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 78185 | &nbsp;&nbsp;&nbsp;&nbsp; 920720 | 18352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI Switzerland ETF | &nbsp;&nbsp; 345790 | &nbsp;&nbsp;&nbsp; 256000 | &nbsp;&nbsp; (212958)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 13828 | (3902)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 398758 | 7203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI Taiwan ETF | &nbsp;&nbsp; 208812 | &nbsp;&nbsp;&nbsp;&nbsp; 91133 | &nbsp;&nbsp; (110000)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5829 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24438 | &nbsp;&nbsp;&nbsp;&nbsp; 220212 | 3304 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI Thailand ETF | &nbsp;&nbsp;&nbsp;&nbsp; 39438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6274 | &nbsp;&nbsp; (23349)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1763 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 336 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 24462 | 403 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
| iShares MSCI United Kingdom ETF | &nbsp;&nbsp; 602246 | &nbsp;&nbsp;&nbsp; 411053 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 53408 | &nbsp;&nbsp;&nbsp; 1066707 | 24999 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  |  |  |  | $74490 | $1014366 | $14799525 |  | $2680 | $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Represents net amount purchased (sold).

<sup>(b)</sup> All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of collateral investment fees, and other payments to and from borrowers of securities. 

<sup>(c)</sup> As of period end, the entity is no longer held.

**Fair Value Hierarchy as of Period End** 

Various inputs are used in determining the fair value of financial instruments at the measurement date. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

• Level 1 – Unadjusted price quotations in active markets/exchanges that the Fund has the ability to access for identical assets or liabilities;

• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Inputs that are unobservable and significant to the entire fair value measurement for the asset or liability (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund's policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp; $470888 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $470888 |

---

------

Schedule of Investments (unaudited)(continued)

October 31, 2025

**iShares International Country Rotation Active ETF**

**Fair Value Hierarchy as of Period End (continued)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments (continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment Companies | &nbsp;&nbsp; $13722126 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $13722126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-Term Securities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp; 1077399 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1077399 |
|  | &nbsp;&nbsp; $15270413 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $15270413 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Portfolio Abbreviation** | **Portfolio Abbreviation** |
| ADR | American Depositary Receipt |
| NVS | Non-Voting Shares |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-23402

- **c. CIK number of Registrant:** 0001761055

- **d. LEI of Registrant:** 5493007WBHAKV9JVS642

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

  - **Street Address 1:** 100 BELLEVUE PARKWAY

  - **City:** WILMINGTON

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 800-441-7762

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

- **a. Name of Series:** iShares International Country Rotation Active ETF

- **b. EDGAR series identifier (if any):** S000088408

- **c. LEI of Series:** 529900IOQOA64JLR9006

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2025-10-31

**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:** $16342789.83

**Total Liabilities:** $2124459.20

**Net Assets:** $14218330.63

**Cash Not Reported:** $5147.97

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000254669 | 4.28%                | 3.84%                | 2.11%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $10097.45                | $430829.09                                 |
| Month 2  | $41491.77                | $411684.61                                 |
| Month 3  | $26071.85                | $264263.28                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| iShares MSCI Australia ETF                     | iShares MSCI Australia ETF                            | CUSIP: 464286103<br>LEI: 549300X7CW3B8850WA94 | Long             | EC               | RF                | US        |     20254 | NS      | $542199.58    | 3.81%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Belgium ETF                       | iShares MSCI Belgium ETF                              | CUSIP: 464286301<br>LEI: 549300BBSWUY8YSLJ845 | Long             | EC               | RF                | US        |     17008 | NS      | $397487.16    | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Brazil ETF                        | iShares MSCI Brazil ETF                               | CUSIP: 464286400<br>LEI: 5493006D2L7KY3ZDF809 | Long             | EC               | RF                | US        |      3731 | NS      | $116295.27    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Canada ETF                        | iShares MSCI Canada ETF                               | CUSIP: 464286509<br>LEI: 549300DXCD53F4JK3H45 | Long             | EC               | RF                | US        |     33592 | NS      | $1704458.08   | 11.99%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Thailand ETF                      | iShares MSCI Thailand ETF                             | CUSIP: 464286624<br>LEI: 54930063LOS2SG1Q8O13 | Long             | EC               | RF                | US        |       403 | NS      | $24462.10     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Chile ETF                         | iShares MSCI Chile ETF                                | CUSIP: 464286640<br>LEI: 5493008SR8ZGY2IJU464 | Long             | EC               | RF                | US        |      3352 | NS      | $118392.64    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI France ETF                        | iShares MSCI France ETF                               | CUSIP: 464286707<br>LEI: 549300DTW3LGNTWLQA96 | Long             | EC               | RF                | US        |     13212 | NS      | $585027.36    | 4.11%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Switzerland ETF                   | iShares MSCI Switzerland ETF                          | CUSIP: 464286749<br>LEI: 549300WB2EJ9RDFN4R78 | Long             | EC               | RF                | US        |      7203 | NS      | $398758.08    | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Spain ETF                         | iShares MSCI Spain ETF                                | CUSIP: 464286764<br>LEI: 549300KJYAHQCJB4CU67 | Long             | EC               | RF                | US        |     18352 | NS      | $920719.84    | 6.48%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI South Korea ETF                   | iShares MSCI South Korea ETF                          | CUSIP: 464286772<br>LEI: GR1QY1XUY5M0EJSI5J57 | Long             | EC               | RF                | US        |      9254 | NS      | $897638.00    | 6.31%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI South Africa ETF                  | iShares MSCI South Africa ETF                         | CUSIP: 464286780<br>LEI: 549300N26GW1II0BPW20 | Long             | EC               | RF                | US        |       476 | NS      | $30354.52     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Germany ETF                       | iShares MSCI Germany ETF                              | CUSIP: 464286806<br>LEI: 5493004D0K60CDIFRQ61 | Long             | EC               | RF                | US        |     12630 | NS      | $514419.90    | 3.62%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Netherlands ETF                   | iShares MSCI Netherlands ETF                          | CUSIP: 464286814<br>LEI: 549300QIDP8IC2ODTL23 | Long             | EC               | RF                | US        |      7935 | NS      | $466578.00    | 3.28%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Mexico ETF                        | iShares MSCI Mexico ETF                               | CUSIP: 464286822<br>LEI: 549300SQ92O6OZ19G545 | Long             | EC               | RF                | US        |      1037 | NS      | $68991.61     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Hong Kong ETF                     | iShares MSCI Hong Kong ETF                            | CUSIP: 464286871<br>LEI: 5493006QGDOVMY5SAY54 | Long             | EC               | RF                | US        |      7941 | NS      | $171049.14    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core S&P 500 ETF                       | iShares Core S&P 500 ETF                              | CUSIP: 464287200<br>LEI: 5493007M4YMN8XL48C14 | Long             | EC               | RF                | US        |       707 | NS      | $484457.61    | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Peru and Global Exposure ETF      | iShares MSCI Peru and Global Exposure ETF             | CUSIP: 464289842<br>LEI: 5493004LUWWHLLHWFK32 | Long             | EC               | RF                | US        |        89 | NS      | $5587.42      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Philippines ETF                   | iShares MSCI Philippines ETF                          | CUSIP: 46429B408<br>LEI: 54930043SLQ30SHQRM91 | Long             | EC               | RF                | US        |      1633 | NS      | $40090.15     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Denmark ETF                       | iShares MSCI Denmark ETF                              | CUSIP: 46429B523<br>LEI: 549300CQQ6UKHYV14P09 | Long             | EC               | RF                | US        |       262 | NS      | $28465.30     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI India ETF                         | iShares MSCI India ETF                                | CUSIP: 46429B598<br>LEI: 549300282VMCFH7S5848 | Long             | EC               | RF                | US        |     10824 | NS      | $584171.28    | 4.11%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI China ETF                         | iShares MSCI China ETF                                | CUSIP: 46429B671<br>LEI: 549300Q0IWAYMYXW0R77 | Long             | EC               | RF                | US        |     20196 | NS      | $1283859.72   | 9.03%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Taiwan ETF                        | iShares MSCI Taiwan ETF                               | CUSIP: 46434G772<br>LEI: NOTS2OVXOI43240U2196 | Long             | EC               | RF                | US        |      3304 | NS      | $220211.60    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Singapore ETF                     | iShares MSCI Singapore ETF                            | CUSIP: 46434G780<br>LEI: 549300C97NIRWFCB5A22 | Long             | EC               | RF                | US        |     17986 | NS      | $511701.70    | 3.60%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Japan ETF                         | iShares MSCI Japan ETF                                | CUSIP: 46434G822<br>LEI: 5493008I6YRUC6I0S051 | Long             | EC               | RF                | US        |     23635 | NS      | $1972340.75   | 13.87%            |  |  |  | No            |                  1 | On Loan: —       |
| iShares MSCI Italy ETF                         | iShares MSCI Italy ETF                                | CUSIP: 46434G830<br>LEI: 549300S0PVI5CQLC2571 | Long             | EC               | RF                | US        |      7223 | NS      | $374223.63    | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Saudi Arabia ETF                  | iShares MSCI Saudi Arabia ETF                         | CUSIP: 46434V423<br>LEI: 5493004P512V6ELEIL59 | Long             | EC               | RF                | US        |      1490 | NS      | $60017.20     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI Qatar ETF                         | iShares MSCI Qatar ETF                                | CUSIP: 46434V779<br>LEI: 549300B5RXPZMUBIPL06 | Long             | EC               | RF                | US        |      6915 | NS      | $133459.50    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares MSCI United Kingdom ETF                | iShares MSCI United Kingdom ETF                       | CUSIP: 46435G334<br>LEI: 549300D5PVRLB9ULJS58 | Long             | EC               | RF                | US        |     24999 | NS      | $1066707.33   | 7.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S                               | Novo Nordisk A/S                                      | CUSIP: 670100205<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |       213 | NS      | $10534.98     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd      | Taiwan Semiconductor Manufacturing Co Ltd             | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      1215 | NS      | $365022.45    | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Funds III                            | BlackRock Cash Funds: Institutional, SL Agency Shares | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   1056871 | NS      | $1057399.23   | 7.44%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES | BlackRock Cash Funds: Treasury, SL Agency Shares      | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |     20000 | NS      | $20000.00     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                                | ASML Holding NV                                       | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |        90 | NS      | $95330.70     | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-28

**Name of Applicant:** BlackRock ETF Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer