- 
           
          
                              
              
                $630 Million
               
              54.03%  of portfolio
              
           
          
              - 
           
          
                
                Q3 2025 
                  Reduced 2.67% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $908B
                      
           
          
                              
              
                $76.3 Million
               
              6.54%  of portfolio
              
           
          
              241,816               
           
          
                
                Q3 2025 
                  Reduced 2.05% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $135B
                      
           
          
                              
              
                $49.1 Million
               
              4.21%  of portfolio
              
           
          
              207,900               
           
          
                
                Q3 2023 
                  Added 4.17% 
            
            
           
          
            
               
           
                  
        
        
          
            
                
    
      
    
    
      Ishares Bitcoin Trust ETF 
    
   
             
           
          
              - 
           
          
                              
              
                $27 Million
               
              2.32%  of portfolio
              
           
          
              - 
           
          
                
                Q2 2025 
                  Added 773.57% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $1.5T
                      
           
          
                              
              
                $24.5 Million
               
              2.1%  of portfolio
              
           
          
              100,780               
           
          
                
                Q3 2025 
                  Added 125.54% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $4.36T
                      
           
          
                              
              
                $19.6 Million
               
              1.69%  of portfolio
              
           
          
              77,186               
           
          
                
                Q3 2025 
                  Reduced 12.4% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $194B
                      
           
          
                              
              
                $17.8 Million
               
              1.53%  of portfolio
              
           
          
              175,783               
           
          
                
                Q2 2025 
                  Reduced 12.45% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $506B
                      
           
          
                              
              
                $15.1 Million
               
              1.29%  of portfolio
              
           
          
              80,787               
           
          
                
                Q3 2025 
                  Reduced 5.29% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $407B
                      
           
          
                              
              
                $14.3 Million
               
              1.23%  of portfolio
              
           
          
              15,477               
           
          
                
                Q2 2025 
                  Reduced 39.25% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $59.5B
                      
           
          
                              
              
                $13.4 Million
               
              1.15%  of portfolio
              
           
          
              171,000               
           
          
                
                Q2 2025 
                  Reduced 22.62% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $528B
                      
           
          
                              
              
                $12.9 Million
               
              1.1%  of portfolio
              
           
          
              22,621               
           
          
                
                Q2 2025 
                  Reduced 0.62% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $426B
                      
           
          
                              
              
                $12.5 Million
               
              1.07%  of portfolio
              
           
          
              241,805               
           
          
                
                Q2 2025 
                  Reduced 29.26% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $0
                      
           
          
                              
              
                $11.7 Million
               
              1.01%  of portfolio
              
           
          
              310,219               
           
          
                
                Q4 2023 
                  Added 3.09% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $1.57T
                      
           
          
                              
              
                $11.8 Million
               
              1.01%  of portfolio
              
           
          
              42,368               
           
          
                
                Q3 2025 
                  Reduced 30.66% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $1.04B
                      
           
          
                              
              
                $11.1 Million
               
              0.96%  of portfolio
              
           
          
              363,258               
           
          
                
                Q3 2022 
                  Added 60.38% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $0
                      
           
          
                              
              
                $10 Million
               
              0.86%  of portfolio
              
           
          
              85,500               
           
          
                
                Q3 2025 
                  New 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $1.72T
                      
           
          
                              
              
                $9.77 Million
               
              0.84%  of portfolio
              
           
          
              40,101               
           
          
                
                Q3 2025 
                  Reduced 5.1% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $2.27T
                      
           
          
                              
              
                $9.81 Million
               
              0.84%  of portfolio
              
           
          
              44,672               
           
          
                
                Q3 2025 
                  Added 0.8% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $0
                      
           
          
                              
              
                $9.22 Million
               
              0.79%  of portfolio
              
           
          
              13,834               
           
          
                
                Q3 2025 
                  Reduced 1.13% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $0
                      
           
          
                              
              
                $7.88 Million
               
              0.68%  of portfolio
              
           
          
              13,128               
           
          
                
                Q3 2025 
                  Reduced 0.69% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $268B
                      
           
          
                              
              
                $7.47 Million
               
              0.64%  of portfolio
              
           
          
              22,500               
           
          
                
                Q2 2025 
                  Reduced 18.18% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $431B
                      
           
          
                              
              
                $6.79 Million
               
              0.58%  of portfolio
              
           
          
              9               
           
          
                
                Q4 2023 
                  Added 28.57% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $43.1B
                      
           
          
                              
              
                $6.39 Million
               
              0.55%  of portfolio
              
           
          
              712,229               
           
          
                
                Q3 2025 
                  Added 120.67% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $149B
                      
           
          
                              
              
                $5.7 Million
               
              0.49%  of portfolio
              
           
          
              71,315               
           
          
                
                Q2 2022 
                  Reduced 0.33% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $49.1B
                      
           
          
                              
              
                $5.51 Million
               
              0.47%  of portfolio
              
           
          
              35,000               
           
          
                
                Q2 2025 
                  Reduced 30.0% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $646B
                      
           
          
                              
              
                $5.33 Million
               
              0.46%  of portfolio
              
           
          
              10,599               
           
          
                
                Q3 2025 
                  New 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $83.8B
                      
           
          
                              
              
                $5.31 Million
               
              0.46%  of portfolio
              
           
          
              25,000               
           
          
                
                Q3 2025 
                  Reduced 14.73% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $33.2B
                      
           
          
                              
              
                $5.33 Million
               
              0.46%  of portfolio
              
           
          
              75,000               
           
          
                
                Q2 2025 
                  Reduced 31.82% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $0
                      
           
          
                              
              
                $4.93 Million
               
              0.42%  of portfolio
              
           
          
              8,055               
           
          
                
                Q2 2025 
                  Reduced 8.85% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $0
                      
           
          
                              
              
                $4.7 Million
               
              0.4%  of portfolio
              
           
          
              7,026               
           
          
                
                Q3 2024 
                  Reduced 88.17% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $0
                      
           
          
                              
              
                $3.92 Million
               
              0.34%  of portfolio
              
           
          
              48,837               
           
          
                
                Q3 2024 
                  Reduced 6.37% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $1.51B
                      
           
          
                              
              
                $3.89 Million
               
              0.33%  of portfolio
              
           
          
              191,856               
           
          
                
                Q4 2023 
                  New 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $128B
                      
           
          
                              
              
                $3.89 Million
               
              0.33%  of portfolio
              
           
          
              10,953               
           
          
                
                Q2 2025 
                  Added 16.82% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $0
                      
           
          
                              
              
                $3.82 Million
               
              0.33%  of portfolio
              
           
          
              141,964               
           
          
                
                Q4 2024 
                  Added 100.0% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $15.5B
                      
           
          
                              
              
                $3.62 Million
               
              0.31%  of portfolio
              
           
          
              105,110               
           
          
                
                Q3 2025 
                  Added 1.13% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $76.4B
                      
           
          
                              
              
                $3.28 Million
               
              0.28%  of portfolio
              
           
          
              40,000               
           
          
                
                Q3 2021 
                  New 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $3.92T
                      
           
          
                              
              
                $3.29 Million
               
              0.28%  of portfolio
              
           
          
              6,345               
           
          
                
                Q3 2025 
                  Added 5.19% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $0
                      
           
          
                              
              
                $3.19 Million
               
              0.27%  of portfolio
              
           
          
              6,868               
           
          
                
                Q4 2024 
                  Reduced 1.62% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $1.65T
                      
           
          
                              
              
                $3 Million
               
              0.26%  of portfolio
              
           
          
              4,080               
           
          
                
                Q3 2025 
                  Added 0.54% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $0
                      
           
          
                              
              
                $2.78 Million
               
              0.24%  of portfolio
              
           
          
              32,152               
           
          
                
                Q2 2025 
                  Reduced 2.14% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $14.7B
                      
           
          
                              
              
                $2.71 Million
               
              0.23%  of portfolio
              
           
          
              301,972               
           
          
                
                Q2 2025 
                  Reduced 24.88% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $59.6B
                      
           
          
                              
              
                $2.35 Million
               
              0.2%  of portfolio
              
           
          
              60,000               
           
          
                
                Q2 2025 
                  Reduced 25.0% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $460B
                      
           
          
                              
              
                $2.25 Million
               
              0.19%  of portfolio
              
           
          
              12,600               
           
          
                
                Q3 2025 
                  Reduced 4.33% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $204B
                      
           
          
                              
              
                $2.19 Million
               
              0.19%  of portfolio
              
           
          
              19,150               
           
          
                
                Q3 2025 
                  Added 0.02% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $7.17B
                      
           
          
                              
              
                $2.08 Million
               
              0.18%  of portfolio
              
           
          
              184,687               
           
          
                
                Q2 2025 
                  Reduced 24.52% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $693B
                      
           
          
                              
              
                $1.78 Million
               
              0.15%  of portfolio
              
           
          
              6,337               
           
          
                
                Q3 2025 
                  Added 0.11% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $382B
                      
           
          
                              
              
                $1.48 Million
               
              0.13%  of portfolio
              
           
          
              8,099               
           
          
                
                Q1 2025 
                  Reduced 16.92% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $0
                      
           
          
                              
              
                $1.56 Million
               
              0.13%  of portfolio
              
           
          
              29,904               
           
          
                
                Q3 2025 
                  Added 6.8% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $0
                      
           
          
                              
              
                $1.51 Million
               
              0.13%  of portfolio
              
           
          
              2,028               
           
          
                
                Q1 2025 
                  Reduced 30.21% 
            
            
           
          
            
               
           
                  
        
        
          
            
           
          
              
                $78.6B
                      
           
          
                              
              
                $1.51 Million
               
              0.13%  of portfolio
              
           
          
              22,580               
           
          
                
                Q2 2025 
                  Reduced 30.69%