SCHEDULE A

to the

INVESTMENT SUB-ADVISORY AGREEMENT

Dated May 13, 2020 between

Roundhill Financial Inc.

and

Exchange Traded Concepts, LLC

and    

LISTED FUNDS TRUST

The Adviser will pay to the Sub-Adviser as compensation for the Sub-Adviser’s services rendered, a fee, computed daily at an annual rate based on the greater of (1) the minimum fee or (2) the daily net assets of the respective Fund in accordance with the following fee schedule:

Fund	Minimum Fee	Rate
Roundhill Global Esports ETF	$20,000	0.04%
Roundhill Sports Betting & iGaming ETF	$20,000	0.04%

IN WITNESS WHEREOF, the parties hereto have caused this Schedule A to be signed on their behalf by their duly authorized officers as of May 19, 2020.

ROUNDHILL FINANCIAL INC.

By:/s/ Tim Maloney

Name: Tim Maloney

Title: Chief Investment Officer

EXCHANGE TRADED CONCEPTS, LLC

By:/s/ J. Garrett Stevens

Name: J. Garrett Stevens

Title: Chief Executive Officer

LISTED FUNDS TRUST

By:/s/ Kent P. Barnes

Name: Kent P. Barnes

Title: Secretary