Volatility Shares Trust has released its latest NPORT-P report, providing insights into the financial status of its Cardano ETF. This filing is significant as it reflects the fund's performance and overall health in a competitive investment landscape.

Background

Volatility Shares Trust is an investment firm incorporated in Delaware. The company focuses on various investment strategies, including those related to cryptocurrency. The latest filing dated October 30, 2026, is part of a series of recent submissions, all categorized under the NPORT-P form, indicating ongoing regulatory compliance and transparency.

What the Filing Says

The NPORT-P filing reveals that as of August 31, 2026, Volatility Shares Trust reported total assets of approximately $2,096,891, with total liabilities amounting to about $1,186,004. This results in net assets of approximately $910,888. The filing also notes that the fund has invested around $347,628 in various assets.

Impact

This financial update may affect investors and stakeholders interested in the performance of the Cardano ETF. The figures provided could influence investment decisions and strategies within the cryptocurrency-focused ETF market. Other investment firms and funds may also take note of these developments as they navigate their own portfolios.

What's Next

The filing does not say what happens next.

Investment Breakdown

The filing provides a detailed breakdown of the fund's investments. As of the reporting date, the Cardano ETF's assets include a significant position in a United States Treasury Bill valued at approximately $1,197,450, which constitutes about 131.46% of the total asset value. Additionally, the fund holds a money market deposit account with US Bank, valued at around $550,822, accounting for approximately 60.47% of total assets.

Moreover, the fund has a reverse repurchase agreement with Marex, reflecting a balance of approximately -$1,184,436, indicating a short position. The filing also mentions a position in ADA Futures, which has a negative valuation of about -$35,433, representing a small percentage of the overall assets.

Performance Metrics

The report highlights the monthly total returns for the ETF, showing a significant decline of -38.74% in the first month of reporting, followed by recoveries of 13.50% and 16.33% in the subsequent months. This volatility underscores the challenges faced by the fund in the current market environment.

Designated Index

Volatility Shares Trust has designated the CF Cardano Dollar Reference Rate New York Variant (ADAUSDNY) as the benchmark index for the Cardano ETF. This index serves as a critical reference point for evaluating the fund's performance against the broader market trends in Cardano investments.

Regulatory Compliance

As part of its commitment to transparency, the filing indicates that Volatility Shares Trust is adhering to the SEC's regulatory requirements under the 1940 Act. The firm has provided comprehensive disclosures regarding its financial position and investment strategies, which are essential for maintaining investor confidence.

Conclusion

While the filing presents a snapshot of the Cardano ETF's financial health, it does not include forward-looking statements or projections regarding future performance or strategic initiatives. Investors will need to monitor subsequent filings for updates on the fund's direction and market positioning.