VANECK BITCOIN ETF

CUSIP: 92189k105 Class: COM

Holders for Q4 2025 Position Changes for Q4 2025

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

New Positions (1)

SOL Capital Management CO
Value ($000) $0 Shares 10,650

Increased Positions (1)

L & S Advisors Inc
Value ($000) $214 (-19.0%) Shares 8,670 (+6.0%)