Investments
Principal
Amount
Value
Short-Term
Investments
—
37
.8
%
Repurchase
Agreements
(a)
—
37
.8
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.67%,
dated
2/27/2026,
due
3/2/2026,
total
to
be
received
$789,917
(Cost
$789,684)
$
789,684
$
789,684
Total
Investments
—
37.8%
(Cost
$789,684)
789,684
Other
assets
less
liabilities
—
62.2%
1,299,480
Net
Assets
—
100.0%
$
2,089,164
(a)
The
Fund
invests
in
Repurchase
Agreements
jointly
with
other
funds
in
the
Trust.
See
"Repurchase
Agreements"
in
the
Notes
to
Schedules
of
Portfolio
Investments
to
view
the
details
of
each
individual
agreement
and
counterparty
as
well
as
a
description
of
the
securities
subject
to
repurchase.
Swap
Agreements
Ultra
COIN
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
February
28,
2026:
Notional
Amount
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Appreciation
/
(Depreciation)
($)
886,987
12/16/2026
Bank
of
America
NA
8.14%
Coinbase
Global,
Inc.
(COIN)
65,010
752,111
11/6/2026
Citibank
NA
10.14%
Coinbase
Global,
Inc.
(COIN)
38,776
1,013,248
12/16/2026
Nomura
Global
Financial
Products
Inc.
13.14%
Coinbase
Global,
Inc.
(COIN)
78,021
1,524,971
11/6/2026
Societe
Generale
7.64%
Coinbase
Global,
Inc.
(COIN)
(
706,892
)
4,177,317
(
525,085
)
Total
Unrealized
Appreciation
181,807
Total
Unrealized
Depreciation
(
706,892
)
a
Agreements
may
be
terminated
at
will
by
either
party
without
penalty.
Payment
is
due
at
termination/maturity.
b
Reflects
the
floating
financing
rate,
as
of
February
28,
2026,
on
the
notional
amount
of
the
swap
agreement
paid
to
the
counterparty
or
received
from
the
counterparty,
excluding
any
commissions.
This
amount
is
included
as
part
of
the
unrealized
appreciation/(depreciation).