# EDGAR Filing Document

**Accession Number:** 0001877493
**File Stem:** 0000894189-25-016320
**Filing Date:** 2025-11
**Character Count:** 6366
**Document Hash:** 5028be2a9cc84de4777978742515a2ad
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-25-016320.hdr.sgml**: 20251128

**ACCESSION NUMBER**: 0000894189-25-016320

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251128

**DATE AS OF CHANGE**: 20251128

**PERIOD START**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Valkyrie ETF Trust II
- **CENTRAL INDEX KEY:** 0001877493

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23725
- **FILM NUMBER:** 251533390

**BUSINESS ADDRESS:**
- **STREET 1:** 320 SEVEN SPRINGS WAY
- **STREET 2:** SUITE 250
- **CITY:** NASHVILLE
- **STATE:** TN
- **ZIP:** 37027
- **BUSINESS PHONE:** 800-617-0004

**MAIL ADDRESS:**
- **STREET 1:** 320 SEVEN SPRINGS WAY
- **STREET 2:** SUITE 250
- **CITY:** NASHVILLE
- **STATE:** TN
- **ZIP:** 37027

## Series and Classes Contracts Data

### CoinShares Bitcoin and Ether ETF (Series ID: S000074058)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000231452 | CoinShares Bitcoin and Ether ETF | BTF             |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Valkyrie ETF Trust II

- **b. Investment Company Act file number:** 811-23725

- **c. CIK number of Registrant:** 0001877493

- **d. LEI of Registrant:** 549300MWH27O1ZGIJ534

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

  - **Street Address 1:** 437 Madison Avenue, 28th Floor

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10022

  - **Telephone number:** 800-617-0004

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

- **a. Name of Series:** Valkyrie Bitcoin and Ether Strategy ETF

- **b. EDGAR series identifier (if any):** S000074058

- **c. LEI of Series:** 549300MWH27O1ZGIJ534

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

- **a. Date of fiscal year-end:** 2025-09-30

- **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:** $60334853.31

**Total Liabilities:** $19570507.52

**Net Assets:** $40764345.79

**Amount of Assets Invested in Other Investment Companies:** $13657063.41

**Cash Not Reported:** $18364220.42

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 183.399503000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.000000000000 | **1-Year:** 0.000000000000 | **5-Year:** 0.000000000000 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000231452 | 26.53%               | 4.19%                | 0.37%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-328.10                                   |
| Month 2  | $0.00                    | $2511.00                                   |
| Month 3  | $0.00                    | $-1036.47                                  |

**Designated Index Information**

- **Index Name:** Valkyrie Blended Index 50 BTC 50 ETH

- **Index Identifier:** VUBLEND01

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| First American Treasury Obliga | First American Treasury Obligations Fund | CUSIP: 31846V328<br>LEI: 549300UU586IAH2B8H03 | Long             | STIV             | RF                | US        |  19174708 | NS      | $19174707.72  | 47.04%            |  |  |  | No            |                  1 | On Loan: No      |
| TREASURY BILL                  | United States Treasury Bill              | CUSIP: 912797NA1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  23000000 | PA      | $22924937.89  | 56.24%            | 2025-10-30      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                            | CME Bitcoin Fut   Oct25                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |        35 | NC      | $599216.80    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| BTFREPO100125                  | BTFREPO100125                            | CUSIP: N/A<br>LEI: N/A                        | Short            | RA               | CORP              | US        |  -3905300 | PA      | $-3905300.00  | -9.58%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                            | CME Ether Future  Oct25                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DFE              |  | US        |        98 | NC      | $644700.70    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| VALKREPO100125                 | VALKREPO100125                           | CUSIP: N/A<br>LEI: N/A                        | Short            | RA               | CORP              | US        | -15621200 | PA      | $-15621200.00 | -38.32%           |  |  |  | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** Valkyrie ETF Trust II

**Signature:** /s/ Benjamin Gaffey

**Name of Signer:** Benjamin Gaffey

**Title:** Treasurer