VANECK BITCOIN ETF

CUSIP: 92189k105 Class: COM

Holders for Q4 2025 Position Changes for Q4 2025

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

InstitutionSharesValue ($000)
SOL Capital Management CO10,650$0
L & S Advisors Inc8,670$214
Sandhill Capital Partners LLC8,416$208
Total (3 institutions)27,736$423