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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Cohen Circle Acquisition Corp II</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>M3-Brigade Acquisition V Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>DIH Holding US Inc</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Legato Merger Corp IV</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>Leapfrog Acquisition Corp</name>
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          <isin value="KYG5414D1299"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>SILVER SPIKE SPONSOR II LLC</name>
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          <isin value="N/A"/>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
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        <name>Archimedes Tech SPAC Partners III Co</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NEWBURY STREET ACQUISITION C</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>2</fairValLevel>
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        <name>CSLM Digital Asset Acquisition III Corp Ltd</name>
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        <name>Tribeca Strategic Acquisition Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Cantor Equity Partners Vi, Inc</name>
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        <name>Wilco 63 Corp</name>
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        <name>Cantor Equity Partners I Inc</name>
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        <name>Miluna Acquisition Corp</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Berto Acquisition Corp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Praetorian Acquisition Corp</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>RRE Ventures Acquisition Corp</name>
        <lei>N/A</lei>
        <title>RRE VENTURES ACQUISITION CORP</title>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Melar Acquisition Corp I</name>
        <lei>N/A</lei>
        <title>MELAR ACQUISITION CORP I</title>
        <cusip>G6004G100</cusip>
        <identifiers>
          <isin value="KYG6004G1001"/>
          <other otherDesc="Internal" value="G6004G100"/>
        </identifiers>
        <balance>16154.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>175755.52000000</valUSD>
        <pctVal>2.134819747324</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rithm Acquisition Corp</name>
        <lei>N/A</lei>
        <title>RITHM ACQUISITION CORP</title>
        <cusip>G75751100</cusip>
        <identifiers>
          <isin value="KYG757511004"/>
          <other otherDesc="Internal" value="G75751100"/>
        </identifiers>
        <balance>5385.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>56327.10000000</valUSD>
        <pctVal>0.684178826301</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Spacsphere Acquisition Corp</name>
        <lei>N/A</lei>
        <title>SPACSPHERE ACQUISITION CORP</title>
        <cusip>G8T088109</cusip>
        <identifiers>
          <isin value="KYG8T0881094"/>
          <other otherDesc="Internal" value="G8T088109"/>
        </identifiers>
        <balance>20000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>199600.00000000</valUSD>
        <pctVal>2.424447445895</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Collective Acquisition Corp. II</name>
        <lei>N/A</lei>
        <title>COLLECTIVE ACQUISITION CORP II</title>
        <cusip>G22741121</cusip>
        <identifiers>
          <isin value="KYG227411215"/>
          <other otherDesc="Internal" value="G22741121"/>
        </identifiers>
        <balance>26923.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>270576.15000000</valUSD>
        <pctVal>3.286561401741</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Digital Asset Acquisition Corp</name>
        <lei>N/A</lei>
        <title>DIGITAL ASSET ACQUISITION CORP</title>
        <cusip>G2868C129</cusip>
        <identifiers>
          <isin value="KYG2868C1298"/>
          <other otherDesc="Internal" value="G2868C129"/>
        </identifiers>
        <balance>10769.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>113612.95000000</valUSD>
        <pctVal>1.380003138517</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Social Commerce Partners Corp</name>
        <lei>N/A</lei>
        <title>SOCIAL COMMERCE PARTNERS CORP</title>
        <cusip>G8254P129</cusip>
        <identifiers>
          <isin value="KYG8254P1292"/>
          <other otherDesc="Internal" value="G8254P129"/>
        </identifiers>
        <balance>10769.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>110382.25000000</valUSD>
        <pctVal>1.340761343109</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Drugs Made In America Acquisition II Corp</name>
        <lei>N/A</lei>
        <title>DRUGS MADE IN AMERICA ACQUISITION II CORP</title>
        <cusip>G2851K104</cusip>
        <identifiers>
          <isin value="KYG2851K1040"/>
          <other otherDesc="Internal" value="G2851K104"/>
        </identifiers>
        <balance>10769.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>108336.14000000</valUSD>
        <pctVal>1.315908206017</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Apogee Acquisition Corp</name>
        <lei>N/A</lei>
        <title>APOGEE ACQUISITION CORP</title>
        <cusip>G04126127</cusip>
        <identifiers>
          <isin value="KYG041261275"/>
          <other otherDesc="Internal" value="G04126127"/>
        </identifiers>
        <balance>21538.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>220333.74000000</valUSD>
        <pctVal>2.676290446831</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cambridge Acquisition Corp</name>
        <lei>N/A</lei>
        <title>CAMBRIDGE ACQUISITION CORP</title>
        <cusip>G1871M124</cusip>
        <identifiers>
          <isin value="KYG1871M1244"/>
          <other otherDesc="Internal" value="G1871M124"/>
        </identifiers>
        <balance>16154.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>161216.92000000</valUSD>
        <pctVal>1.958226202049</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="UNITS"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Art Technology Acquisition Corp</name>
        <lei>N/A</lei>
        <title>ART TECHNOLOGY ACQUISITION CORP</title>
        <cusip>G0579E103</cusip>
        <identifiers>
          <isin value="KYG0579E1035"/>
          <other otherDesc="Internal" value="G0579E103"/>
        </identifiers>
        <balance>21538.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>214087.72000000</valUSD>
        <pctVal>2.600422975709</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SPRINGWATER SITS ACQUITISION</name>
        <lei>N/A</lei>
        <title>SPRINGWATER SITS ACQUITISION</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="N/A"/>
          <other otherDesc="Internal" value="SPRNGWSHS"/>
        </identifiers>
        <balance>59668.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.00000000</valUSD>
        <pctVal>0.000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        
        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-07-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Collaborative Investment Series Trust</ncom:nameOfApplicant>
      <ncom:signature>Bill McCormick</ncom:signature>
      <ncom:signerName>Bill McCormick</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
