Amplify Stablecoin Technology ETF
  
Consolidated Schedule of Investments
  
December 31, 2025 (Unaudited)
  
   
COMMON STOCKS - 73.6%
Shares
  
Value
 
Financials - 60.1% (a)
      
Bakkt Holdings, Inc. (b)
    
1,670
    
$
16,767
  
Block, Inc. (b)
    
338
      
22,000
  
Coinbase Global, Inc. - Class A (b)
    
78
      
17,639
  
Dlocal Ltd.
    
1,534
      
21,691
  
Etoro Group Ltd. - Class A (b)
    
526
      
18,478
  
Flywire Corp. (b)
    
1,522
      
21,552
  
Galaxy Digital, Inc. - Class A (b)
    
726
      
16,233
  
Gemini Space Station, Inc. - Class A (b)
    
1,890
      
18,749
  
GMO Payment Gateway, Inc.
    
400
      
24,889
  
Marqeta, Inc. - Class A (b)
    
4,348
      
20,653
  
Mastercard, Inc. - Class A
    
38
      
21,693
  
OBOOK Holdings, Inc. (b)
    
706
      
4,716
  
OSL Group Ltd. (b)
    
6,000
      
13,105
  
PayPal Holdings, Inc.
    
348
      
20,316
  
Shift4 Payments, Inc. - Class A (b)
    
312
      
19,647
  
Visa, Inc. - Class A
    
64
      
22,445
  
             
300,573
  
                 
Information Technology - 13.5%
          
Circle Internet Group, Inc. (b)
    
242
      
19,191
  
CompoSecure, Inc. (b)
    
1,058
      
20,398
  
Exodus Movement, Inc. - Class A (b)
    
416
      
6,153
  
Opera Ltd. - ADR
    
1,534
      
21,721
  
             
67,463
  
TOTAL COMMON STOCKS (Cost $382,877)
      
368,036
  
                 
EXCHANGE TRADED FUNDS - 23.9%
Shares
  
Value
 
Bitwise Solana Staking ETF (b)
    
1,864
      
30,570
  
Bitwise XRP ETF (b)
    
1,466
      
30,082
  
Grayscale Chainlink Trust ETF (b)
    
2,642
      
28,782
  
iShares Ethereum Trust ETF (b)
    
1,336
      
29,967
  
TOTAL EXCHANGE TRADED FUNDS (Cost $121,090)
      
119,401
  
                 
SHORT-TERM INVESTMENTS
  
MONEY MARKET FUNDS - 2.5%
Shares
  
Value
 
Invesco Government & Agency Portfolio - Institutional Class, 3.68% (c)
    
12,633
      
12,633
  
TOTAL MONEY MARKET FUNDS (Cost $12,633)
      
12,633
  
                 
TOTAL INVESTMENTS - 100.0% (Cost $516,600)
      
500,070
  
Liabilities in Excess of Other Assets - (0.0)% (d)
      
(54
)
TOTAL NET ASSETS - 100.0%
          
$
500,016
  
                 
Percentages are stated as a percent of net assets.
          
   
The Global Industry Classification Standard (“GICS®”) was developed by and/or is the exclusive property of MSCI, Inc. (“MSCI”) and Standard & Poor’s Financial Services LLC (“S&P”). GICS® is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services.
  

ADR - American Depositary Receipt

(a)
To the extent that the Fund invests more heavily in a particular industries or sectors of the economy, its performance will be especially sensitive to developments that significantly affect those industries or sectors.
(b)
Non-income producing security.
(c)
The rate shown represents the 7-day annualized yield as of December 31, 2025.
(d)
Represents less than 0.05% of net assets.


Summary of Fair Value Disclosure as of December 31, 2025 (Unaudited)
 
Amplify Stablecoin Technology ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
 
Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.
 
Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.
 
Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.
 
The following is a summary of the fair valuation hierarchy of the Fund’s securities as of December 31, 2025:

   
Level 1
    
Level 2
    
Level 3
    
Total
  
Investments:
                        
  Common Stocks
  
$
368,036
    
$
–
    
$
–
    
$
368,036
  
  Exchange Traded Funds
    
119,401
      
–
      
–
      
119,401
  
  Money Market Funds
    
12,633
      
–
      
–
      
12,633
  
Total Investments
  
$
500,070
    
$
–
    
$
–
    
$
500,070
  
   
Refer to the Consolidated Schedule of Investments for further disaggregation of investment categories.