Investments
Shares
Value
Exchange
Traded
Funds
—
62
.2
%
ProShares
GENIUS
Money
Market
ETF,
3.50%(a)(b)
(Cost
$1,100,440,000)
11,000,000
$
1,101,210,000
Principal
Amount
Short-Term
Investments
—
5
.1
%
Repurchase
Agreements
(c)
—
5
.1
%
Repurchase
Agreements
with
various
counterparties,
rates
3.00%
-
3.67%,
dated
2/27/2026,
due
3/2/2026,
total
to
be
received
$90,263,491
(Cost
$90,236,735)
$
90,236,735
90,236,735
Total
Investments
—
67.3%
(Cost
$1,190,676,735)
1,191,446,735
Other
assets
less
liabilities
—
32.7%
579,663,578
Net
Assets
—
100.0%
$
1,771,110,313
(a)
Affiliated
company
as
defined
under
the
Investment
Company
Act
of
1940.
(b)
Represents
7-day
effective
yield
as
of
February
28,
2026.
(c)
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.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
February
28,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
May
31,
2025
($)
Purchases
at
Cost
($)
Proceeds
from
Sales
($)
Net
Realized
Gain
($)
Change
in
Unrealized
Appreciation
($)
Value
at
February
28,
2026
($)
Shares
held
at
February
28,
2026
Income
($)
ProShares
GENIUS
Money
Market
ETF
—
1,100,440,000
–
–
770,000
1,101,210,000
11,000,000
–
Futures
Contracts
Purchased
Bitcoin
ETF
had
the
following
open
long
futures
contracts
as
of
February
28,
2026:
Number
of
Contracts
AAAAAA
Expiration
Date
AAAAAA
Trading
Currency
AA
Notional
Amount
AAAAAA
Value
and
Unrealized
Depreciation
AAAAAA
CME
Bitcoin
5,185
3/27/2026
U.S.
Dollar
$
1,707,939,000
$
(
26,226,781
)
Swap
Agreements
Bitcoin
ETF
had
the
following
open
non-exchange
traded
total
return
swap
agreements
as
of
February
28,
2026:
Notional
Amount
($)
Termination
Date
a
Counterparty
Rate
Paid
(Received)
b
Reference
Instrument
Value
and
Unrealized
Depreciation
($)
60,263,266
3/31/2026
Societe
Generale
1.00%
S&P
CME
Bitcoin
Daily
Roll
Index
(
17,020,134
)
60,263,266
(
17,020,134
)
Total
Unrealized
Depreciation
(
17,020,134
)
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).