| FRANKLIN RESOURCES INC |
| <0.01% | — | #28 | $16.6M | 15.8M | $0 | 0 | +15.8M | New Buy |
| CoinFund Management LLC |
| 46.36% | 42.98% | #1 | $15.2M | 16.3M | $15.2M | 16.3M | 00.00% | Unchanged |
| MOZAYYX MANAGEMENT LLC |
| 11.03% | 15.57% | #2 | $11.4M | 16.4M | $15.3M | 16.4M | 00.00% | Unchanged |
| FMR LLC |
| <0.01% | — | #54 | $9.8M | 14.1M | $0 | 0 | +14.1M | New Buy |
| Alyeska Investment Group, L.P. |
| 0.02% | 0.04% | #10 | $9.6M | 13.8M | $15.0M | 16.1M | -2.2M-13.95% | Reduce |
| Pantera Capital Partners LP |
| 7.63% | 6.6% | #3 | $7.8M | 11.2M | $10.4M | 11.2M | 00.00% | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC |
| 0.01% | <0.01% | #21 | $4.0M | 5.7M | $564,635 | 605,702 | +5.1M+848.80% | Add |
| BlackRock, Inc. |
| <0.01% | <0.01% | #93 | $4.0M | 5.7M | $2.6M | 2.8M | +2.9M+101.38% | Add |
| BIT Capital GmbH |
| 0.11% | — | #7 | $3.6M | 5.2M | $0 | 0 | +5.2M | New Buy |
| GEODE CAPITAL MANAGEMENT, LLC |
| <0.01% | <0.01% | #75 | $2.8M | 4.0M | $1.8M | 1.9M | +2.1M+107.49% | Add |
| VANGUARD CAPITAL MANAGEMENT LLC |
| <0.01% | <0.01% | #93 | $2.7M | 3.9M | $1.7M | 1.9M | +2.1M+111.68% | Add |
| Brevan Howard Capital Management LP |
| 0.02% | <0.01% | #13 | $2.7M | 3.9M | $362,322 | 388,675 | +3.5M+901.66% | Add |
| Galaxy Digital Inc. |
| 0.16% | — | #5 | $2.6M | 3.8M | $0 | 0 | +3.8M | New Buy |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP |
| <0.01% | <0.01% | #74 | $2.0M | 2.9M | $1.6M | 1.7M | +1.1M+64.72% | Add |
| JPMORGAN CHASE & CO |
| <0.01% | <0.01% | #81 | $1.8M | 2.6M | $2.3M | 2.6M | -8,611-0.33% | Reduce |
| COMPASS FINANCIAL MANAGEMENT LLC |
| 0.19% | — | #4 | $1.7M | 2.4M | $0 | 0 | +2.4M | New Buy |
| AQR CAPITAL MANAGEMENT LLC |
| <0.01% | <0.01% | #51 | $1.5M | 2.1M | $1.8M | 1.9M | +193,684+10.11% | Add |
| MMCAP International Inc. SPC |
| 0.12% | 0.17% | #6 | $1.4M | 2.1M | $1.9M | 2.1M | 00.00% | Unchanged |
| Oasis Management Co Ltd. |
| 0.07% | 0.11% | #8 | $1.4M | 2.0M | $1.9M | 2.0M | 00.00% | Unchanged |
| STATE STREET CORP |
| <0.01% | <0.01% | #109 | $1.3M | 1.9M | $799,812 | 857,983 | +1.0M+116.84% | Add |
| VANGUARD FIDUCIARY TRUST CO |
| <0.01% | <0.01% | #63 | $1.3M | 1.9M | $826,796 | 887,120 | +969,046+109.24% | Add |
| JUPITER ASSET MANAGEMENT LTD |
| 0.01% | — | #19 | $1.2M | 1.7M | $0 | 0 | +1.7M | New Buy |
| UBS Group AG |
| <0.01% | <0.01% | #77 | $962,202 | 1.4M | $2.7M | 2.9M | -1.5M-51.60% | Reduce |
| MORGAN STANLEY |
| <0.01% | <0.01% | #104 | $797,117 | 1.1M | $747,125 | 81,653 | +1.1M+1,303.63% | Add |
| CANTOR FITZGERALD, L. P. |
| 0.01% | — | #16 | $747,663 | 1.1M | $0 | 0 | +1.1M | New Buy |
| JANE STREET GROUP, LLC |
| <0.01% | <0.01% | #97 | $621,035 | 892,933 | $3.1M | 3.3M | -2.4M-73.16% | Reduce |
| PEAK6 LLC |
| <0.01% | <0.01% | #39 | $602,605 | 866,434 | $115,355 | 123,745 | +742,689+600.18% | Add |
| Lido Advisors, LLC |
| <0.01% | — | #35 | $595,662 | 856,451 | $0 | 0 | +856,451 | New Buy |
| PRELUDE CAPITAL MANAGEMENT, LLC |
| 0.04% | <0.01% | #9 | $595,462 | 856,164 | $14,456 | 15,507 | +840,657+5,421.15% | Add |
| NORTHERN TRUST CORP |
| <0.01% | <0.01% | #89 | $562,256 | 808,420 | $405,187 | 434,656 | +373,764+85.99% | Add |
| CITADEL ADVISORS LLC |
| <0.01% | <0.01% | #91 | $561,150 | 806,830 | $567,201 | 608,454 | +198,376+32.60% | Add |
| SIMPLEX TRADING, LLC |
| <0.01% | <0.01% | #59 | $552,157 | 793,900 | $386,024 | 414,100 | +379,800+91.72% | Add |
| GROUP ONE TRADING LLC |
| <0.01% | <0.01% | #48 | $479,353 | 689,220 | $259,142 | 277,990 | +411,230+147.93% | Add |
| Polar Asset Management Partners Inc. |
| 0.01% | 0.01% | #18 | $381,096 | 547,945 | $510,794 | 547,945 | 00.00% | Unchanged |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC |
| <0.01% | — | #112 | $259,173 | 372,643 | $0 | 0 | +372,643 | New Buy |
| MERCER GLOBAL ADVISORS INC /ADV |
| <0.01% | <0.01% | #61 | $252,809 | 363,493 | $41,812 | 44,853 | +318,640+710.41% | Add |
| XTX Topco Ltd |
| <0.01% | <0.01% | #30 | $240,014 | 345,095 | $81,612 | 87,548 | +257,547+294.18% | Add |
| VANGUARD PORTFOLIO MANAGEMENT LLC |
| <0.01% | <0.01% | #126 | $226,595 | 325,567 | $219,096 | 235,082 | +90,485+38.49% | Add |
| ALLSTATE CORP |
| <0.01% | — | #33 | $219,589 | 315,728 | $0 | 0 | +315,728 | New Buy |
| Intesa Sanpaolo S.p.A. |
| 0.01% | — | #17 | $208,650 | 300,000 | $0 | 0 | +300,000 | New Buy |
| Cerity Partners LLC |
| <0.01% | <0.01% | #66 | $196,861 | 283,050 | $61,821 | 66,318 | +216,732+326.81% | Add |
| Marex Group plc |
| <0.01% | <0.01% | #45 | $166,920 | 240,000 | $9,602 | 10,300 | +229,700+2,230.10% | Add |
| IEQ CAPITAL, LLC |
| <0.01% | <0.01% | #44 | $159,466 | 229,283 | $270,215 | 289,868 | -60,585-20.90% | Reduce |
| LPL Financial LLC |
| <0.01% | <0.01% | #113 | $136,438 | 196,173 | $26,378 | 28,297 | +167,876+593.26% | Add |
| Swiss National Bank |
| <0.01% | <0.01% | #92 | $113,923 | 163,800 | $150,550 | 161,500 | +2,300+1.42% | Add |
| J. Derek Lewis & Associates Inc. |
| 0.02% | — | #12 | $111,280 | 160,000 | $0 | 0 | +160,000 | New Buy |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC |
| <0.01% | <0.01% | #120 | $109,238 | 156,950 | $51,819 | 55,600 | +101,350+182.28% | Add |
| Cresset Asset Management, LLC |
| <0.01% | <0.01% | #56 | $106,412 | 153,000 | $536,015 | 575,000 | -422,000-73.39% | Reduce |
| HUB Investment Partners, LLC |
| <0.01% | — | #36 | $89,448 | 128,610 | $0 | 0 | +128,610 | New Buy |
| Vanguard Global Advisers, LLC |
| <0.01% | <0.01% | #105 | $87,651 | 125,935 | $55,579 | 59,634 | +66,301+111.18% | Add |
