Correspondence 0001213900-23-031674 from VS Trust (SVIX, UVIX) (CIK 0001793497) (SVIX)
VS Trust (SVIX, UVIX) (CIK 0001793497)
Date: April 21, 2023 · CIK: 0001793497 · Accession: 0001213900-23-031674
AI Filing Summary & Sentiment
File numbers found in text: 333-248430
Referenced dates: April 20, 2023
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CORRESP
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Barry Pershkow
Partner
Chapman and Cutler LLP
1717 Rhode Island Avenue NW
Washington, DC 20036-3026
Tel: 202.478.6492
Mobile: 202.276.4046
pershkow@chapman.com
April 21, 2023
Mr. Eric Envall
Division of Corporation Finance
U.S. Securities and Exchange Commission
100 F Street NE
Washington, DC. 20549
Re:
VS Trust
Post-Effective Amendment No. 2 to Form S-1 Registration Statement
Filed April 6, 2023
File No. 333-248430 (the “Post-Effective Amendment”)
Dear Mr. Envall:
We are writing in response to your letter dated April
20, 2023, providing a comment with respect to the Post-Effective Amendment. Our response to your comment is set forth herein and is reflected
in the accompanying filing of pre-effective amendment no. 1 to the Post-Effective Amendment.
The Funds, page 5
Comment 1 – We note that you have added disclosure to this
section stating that “[t]he Funds also may invest in SPIKES futures contracts.” Please tell us whether and to what extent
the Funds have invested in SPIKES futures contracts to date. Please also tell us whether CBOE BZX Exchange has, or intends to, update
its listing rules to include SPIKES futures contracts as permitted investments.
Response: The Funds have not invested in SPIKES futures
contracts to date and have no current plans to so invest. Accordingly, all references to SPIKES futures contracts as a permissible investment
contained in the Post-Effective Amendment have been removed.
If you have any questions or comments in connection
with the foregoing, please contact the undersigned at (202) 478-6492.
Sincerely,
/s/ Barry Pershkow
Barry Pershkow