| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | The Vanguard Group, Inc. | 11,760,267 | 4,903,940 | 16,817,181.81 | 0.0002 | 4.3962 | 06/30/2025 |
| 2 | Invesco Capital Management LLC | 6,337,853 | 667,676 | 9,063,129.79 | 0.0023 | 2.3692 | 06/30/2025 |
| 3 | Tidal Investments LLC | 5,480,080 | 234,028 | 7,836,514.4 | 0.042 | 2.0485 | 06/30/2025 |
| 4 | Global X Management Co. LLC | 4,191,715 | 250,200 | 5,994,152.45 | 0.0082 | 1.5669 | 06/30/2025 |
| 5 | Renaissance Technologies LLC | 4,057,001 | 1,184,647 | 5,801,511.43 | 0.0072 | 1.5166 | 06/30/2025 |
| 6 | Geode Capital Management LLC | 3,452,553 | 1,409,812 | 4,937,150.79 | 0.0003 | 1.2906 | 06/30/2025 |
| 7 | Baader Bank AG (Investment Management) | 3,260,663 | 876,402 | 4,662,748.09 | 0.2773 | 1.2189 | 06/30/2025 |
| 8 | UBS Securities LLC | 3,231,845 | 1,303,848 | 4,621,538.35 | 0.0019 | 1.2081 | 06/30/2025 |
| 9 | Vanguard Fiduciary Trust Co. | 3,186,712 | 1,361,221 | 4,556,998.16 | 0.0043 | 1.1912 | 06/30/2025 |
| 10 | Marshall Wace LLP | 3,058,206 | -2,236,565 | 4,373,234.58 | 0.0047 | 1.1432 | 06/30/2025 |
| 11 | Two Sigma Advisers LP | 2,914,400 | -32,900 | 4,167,592 | 0.0078 | 1.0895 | 06/30/2025 |
| 12 | Vident Advisory LLC | 2,405,185 | 370,978 | 3,439,414.55 | 0.0277 | 0.8991 | 06/30/2025 |
| 13 | Goldman Sachs & Co. LLC (Private Banking) | 2,277,937 | 1,690,486 | 3,257,449.91 | 0.0013 | 0.8515 | 06/30/2025 |
| 14 | Pyfore Capital GmbH | 2,243,492 | 400,000 | 3,208,193.56 | 3.5666 | 0.8387 | 07/31/2025 |
| 15 | Invesco Asset Management (Japan) Ltd. | 1,887,933 | 322,966 | 2,699,744.19 | 0.0164 | 0.7057 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | Schwab Crypto Thematic ETF | 9,579,079 | 9,579,079 | 13,698,082.97 | 4.6167 | 3.5808 | 09/30/2025 |
| 2 | Invesco Mkts. II Plc - CoinShares Global Blockchain UCITS ETF | 8,010,721 | 2,615,369 | 11,455,331.03 | 1.1327 | 2.9945 | 09/30/2025 |
| 3 | Amplify Blockchain Technology ETF | 6,301,231 | 1,228,159 | 9,010,760.33 | 0.5978 | 2.3555 | 09/30/2025 |
| 4 | Global X Blockchain ETF | 4,843,779 | 1,664,726 | 6,926,603.97 | 1.7283 | 1.8107 | 09/30/2025 |
| 5 | Fidelity Crypto Industry & Digital Payments ETF | 3,449,807 | 1,651,059 | 4,933,224.01 | 1.5523 | 1.2896 | 09/30/2025 |
| 6 | Digital Leaders Fund (The) | 2,243,492 | 400,000 | 3,208,193.56 | 3.3292 | 0.8387 | 07/31/2025 |
| 7 | CoinShares Bitcoin Mining ETF | 1,347,822 | -684,495 | 1,927,385.46 | 0.5408 | 0.5038 | 09/30/2025 |
| 8 | Global X ETFs ICAV - Blockchain UCITS ETF | 1,199,260 | 439,338 | 1,714,941.8 | 1.2782 | 0.4483 | 09/30/2025 |
| 9 | iShares III Plc - iShares Blockchain Technology UCITS ETF | 1,164,024 | 302,733 | 1,664,554.32 | 0.3891 | 0.4351 | 09/30/2025 |
| 10 | EM Digital Leaders - Anteilklasse Fund | 1,013,171 | 470,000 | 1,448,834.53 | 7.8712 | 0.3787 | 07/31/2025 |
| 11 | WisdomTree Issuer ICAV - Blockchain UCITS ETF | 928,423 | 254,900 | 1,327,644.89 | 2.0583 | 0.3471 | 09/30/2025 |
| 12 | Melanion Bitcoin Equities UCITS ETF | 807,404 | 418,549 | 1,154,587.72 | 7.4863 | 0.3018 | 09/30/2025 |
| 13 | Lumyna - MW TOPS UCITS Fund | 769,421 | 0 | 1,100,272.03 | 0.042 | 0.2876 | 03/31/2025 |
| 14 | Government Pension Fund - Global (The) | 749,928 | -380,588 | 1,072,397.04 | 0.0001 | 0.2803 | 06/30/2025 |
| 15 | Bitwise Bitcoin Standard Corporations ETF | 681,537 | 622,584 | 974,597.91 | 2.5655 | 0.2548 | 09/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | The Vanguard Group, Inc. | 11,760,267 | 4,903,940 | 16,817,181.81 | 0.0002 | 4.3962 | 06/30/2025 |
| 2 | Brevan Howard Asset Management LLP | 1,750,000 | 1,750,000 | 2,502,500 | 0.0272 | 0.6542 | 06/30/2025 |
| 3 | Goldman Sachs & Co. LLC (Private Banking) | 2,277,937 | 1,690,486 | 3,257,449.91 | 0.0013 | 0.8515 | 06/30/2025 |
| 4 | Geode Capital Management LLC | 3,452,553 | 1,409,812 | 4,937,150.79 | 0.0003 | 1.2906 | 06/30/2025 |
| 5 | Vanguard Fiduciary Trust Co. | 3,186,712 | 1,361,221 | 4,556,998.16 | 0.0043 | 1.1912 | 06/30/2025 |
| 6 | UBS Securities LLC | 3,231,845 | 1,303,848 | 4,621,538.35 | 0.0019 | 1.2081 | 06/30/2025 |
| 7 | Lion Global Investors Ltd. | 1,265,627 | 1,265,627 | 1,809,846.61 | 0.0645 | 0.4731 | 09/30/2025 |
| 8 | Renaissance Technologies LLC | 4,057,001 | 1,184,647 | 5,801,511.43 | 0.0072 | 1.5166 | 06/30/2025 |
| 9 | Baader Bank AG (Investment Management) | 3,260,663 | 876,402 | 4,662,748.09 | 0.2773 | 1.2189 | 06/30/2025 |
| 10 | BlackRock Advisors (UK) Ltd. | 1,497,418 | 697,111 | 2,141,307.74 | 0.0002 | 0.5598 | 06/30/2025 |
| # | Holder Name | Position | Position Change | $ Market Value | % Port | % O/S | Rpt Date |
|---|---|---|---|---|---|---|---|
| 1 | SSgA Funds Management, Inc. | 368,966 | -4,044,282 | 527,621.38 | 0 | 0.1379 | 06/30/2025 |
| 2 | Millennium Management LLC | 0 | -3,613,622 | 0 | 0 | 0 | |
| 3 | Marshall Wace LLP | 3,058,206 | -2,236,565 | 4,373,234.58 | 0.0047 | 1.1432 | 06/30/2025 |
| 4 | Exchange Traded Concepts LLC | 0 | -1,855,479 | 0 | 0 | 0 | |
| 5 | Jane Street Capital LLC | 746,000 | -1,686,642 | 1,066,780 | 0.0014 | 0.2789 | 06/30/2025 |
| 6 | Quadrature Capital Ltd. | 0 | -1,352,153 | 0 | 0 | 0 | |
| 7 | Citadel Securities LLC | 0 | -1,015,895 | 0 | 0 | 0 | |
| 8 | Prime Capital Investment Advisors LLC | 0 | -972,346 | 0 | 0 | 0 | |
| 9 | Morgan Stanley & Co. LLC | 300,970 | -806,844 | 430,387.1 | 0.0001 | 0.1125 | 06/30/2025 |
| 10 | Mitsubishi UFJ Asset Management Co., Ltd. | 0 | -763,259 | 0 | 0 | 0 |
Data provided by FactSet Research Systems Inc.