<?xml version="1.0" encoding="US-ASCII"?>  
<!-- Generated by CompSci Transform (tm) - http://www.compsciresources.com -->    
<!-- Created: Mon Mar 30 14:35:10 UTC 2026 -->  
<xs:schema elementFormDefault="qualified" targetNamespace="http://www.VegaSharesETFs.com/20260330" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:us-types="http://xbrl.us/us-types/2009-01-31" xmlns:ck0002068712="http://www.VegaSharesETFs.com/20260330" xmlns:xs="http://www.w3.org/2001/XMLSchema" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:dtr="http://www.xbrl.org/dtr/type/2024-01-31" xmlns:xbrli="http://www.xbrl.org/2003/instance">    
  <xs:annotation>   
    <xs:appinfo>  
      <link:linkbaseRef xlink:type="simple" xlink:href="ck0002068712-20260330_lab.xml" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef"/>    
      <link:linkbaseRef xlink:type="simple" xlink:href="ck0002068712-20260330_pre.xml" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef"/> 
      <link:linkbaseRef xlink:type="simple" xlink:href="ck0002068712-20260330_def.xml" xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef"/>    
      <link:roleType roleURI="http://www.VegaSharesETFs.com/20260330/role/DocumentRiskReturnSummaryUnlabeledVegaSharesUSEquityAutocallableIncomeETF" id="DocumentRiskReturnSummaryUnlabeledVegaSharesUSEquityAutocallableIncomeETF">    
        <link:definition>020100 - Document - Risk/Return Summary {Unlabeled} - VegaShares US Equity Autocallable Income ETF</link:definition>  
        <link:usedOn>link:presentationLink</link:usedOn>  
        <link:usedOn>link:definitionLink</link:usedOn>     
        <link:usedOn>link:calculationLink</link:usedOn> 
      </link:roleType>   
      <link:roleType roleURI="http://www.VegaSharesETFs.com/20260330/role/DisclosureRiskReturnDetailDataElementsVegaSharesUSEquityAutocallableIncomeETF" id="DisclosureRiskReturnDetailDataElementsVegaSharesUSEquityAutocallableIncomeETF">  
        <link:definition>020101 - Disclosure - Risk/Return Detail Data {Elements} - VegaShares US Equity Autocallable Income ETF</link:definition>  
        <link:usedOn>link:presentationLink</link:usedOn>  
        <link:usedOn>link:definitionLink</link:usedOn>     
        <link:usedOn>link:calculationLink</link:usedOn> 
      </link:roleType>   
    </xs:appinfo>   
  </xs:annotation>    
  <xs:import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd"/>  
  <xs:import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd"/>  
  <xs:import namespace="http://xbrl.sec.gov/oef/2025" schemaLocation="https://xbrl.sec.gov/oef/2025/oef-2025.xsd"/> 
  <xs:import namespace="http://xbrl.sec.gov/oef-rr/2025" schemaLocation="https://xbrl.sec.gov/oef/2025/oef-rr-2025.xsd"/>  
  <xs:import namespace="http://xbrl.sec.gov/fnd-oef/2025" schemaLocation="https://xbrl.sec.gov/fnd/2025/fnd-oef-2025.xsd"/>    
  <xs:import namespace="http://xbrl.sec.gov/dei/2025" schemaLocation="https://xbrl.sec.gov/dei/2025/dei-2025.xsd"/> 
  <xs:import namespace="http://www.xbrl.org/2009/role/negated" schemaLocation="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd"/>    
  <xs:import namespace="http://www.xbrl.org/dtr/type/2024-01-31" schemaLocation="https://www.xbrl.org/dtr/type/2024-01-31/types.xsd"/>     
  <xs:import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd"/>   
  <xs:element name="S000102194Member" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002068712_S000102194Member"/>  
  <xs:element name="C000272660Member" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002068712_C000272660Member"/>  
  <xs:element name="MarketRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002068712_MarketRiskMember"/>  
  <xs:element name="EquitySecuritiesRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002068712_EquitySecuritiesRiskMember"/>  
  <xs:element name="SectorRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002068712_SectorRiskMember"/>  
  <xs:element name="AutocallableRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002068712_AutocallableRiskMember"/>    
  <xs:element name="IndirectDebtInstrumentsRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002068712_IndirectDebtInstrumentsRiskMember"/> 
  <xs:element name="SwapAgreementsRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002068712_SwapAgreementsRiskMember"/>   
  <xs:element name="IndexRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002068712_IndexRiskMember"/>     
  <xs:element name="ActiveManagementRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002068712_ActiveManagementRiskMember"/>  
  <xs:element name="DistributionTaxRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002068712_DistributionTaxRiskMember"/>     
  <xs:element name="LimitedHistoryOfOperationsRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002068712_LimitedHistoryOfOperationsRiskMember"/>  
  <xs:element name="NonDiversificationRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002068712_NonDiversificationRiskMember"/> 
  <xs:element name="CashCreateAndRedeemTransactionRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002068712_CashCreateAndRedeemTransactionRiskMember"/>     
<!-- [WMV6][1uFT1Zxf72Cfv0+/9obJYmfQgyrxQbMxEEAv/HVTZb7DQqgoo6NU9X06G+1yjPVgqLYDMB46CEwzl0qgh5pWPgeNEl/rWd9vyVX8rkzaSr1S6z9kUUeRgUr6b3YMA0Hn4fgZ6JvDocBIezL6L7ln0L5A9qqw0LoWbsSRcqz2e6Qs1srVmlBHP7Ld6JYJ/PvRpd3SiMkCHS+T4ffx5VcW/sRPLxHIXlwokO2PNBhbxWRk0TCA+IVHsJga3v8zj1ZF71bQQOJhMYWPTP84HFYqeT5sdC94cvct001Ocdq03chO5BV7/1BWLw0ku4iyLbuT0IutvB7JdeYtwy0a85wwEexlFH67dUXM714zjzY87Ww=] CSR-->     
  <xs:element name="ETFStructureRiskMember" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="ck0002068712_ETFStructureRiskMember"/>    
</xs:schema>
