ETF OPPORTUNITIES TRUST

Ticker: CRCD CUSIP: 26923Q457 Class: T-REX 2X INVERSE

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (5)

Belvedere Trading LLC
Value ($000) $236 Shares 6,865
SUSQUEHANNA INTERNATIONAL GROUP, LLP
Value ($000) $266 Shares 7,753
Optiver Holding B.V.
Value ($000) $63 Shares 1,826
UBS Group AG
Value ($000) $33 Shares 963
Tower Research Capital LLC (TRC)
Value ($000) $4 Shares 114

Exited Positions (1)

GTS SECURITIES LLC
Value ($000) $349 Shares 15,929