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      <registrantType>IM</registrantType>
      <liveTestFlag>LIVE</liveTestFlag>
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          <ccc>XXXXXXXX</ccc>
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        <confirmingCopyFlag>false</confirmingCopyFlag>
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      <periodOfReport>06/30/2024</periodOfReport>
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      <reportingPerson>
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        <phoneNumber>303-228-8983</phoneNumber>
        <address>
          <com:street1>1125 17th Street, Ste. 2550 </com:street1>
          <com:city>Denver</com:city>
          <com:stateOrCountry>CO</com:stateOrCountry>
          <com:zipCode>80202</com:zipCode>
        </address>
      </reportingPerson>
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        <confidentialTreatment>N</confidentialTreatment>
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      <reportingCrdNumber>000104720</reportingCrdNumber>
      <reportingSecFileNumber>801-25205</reportingSecFileNumber>
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    <signaturePage>
      <reportingPerson>SHELTON CAPITAL MANAGEMENT</reportingPerson>
      <txSignature>Greg Pusch</txSignature>
      <txPrintedSignature>Greg Pusch</txPrintedSignature>
      <txTitle>General Counsel &amp; Chief Compliance Officer</txTitle>
      <txAsOfDate>09/16/2024</txAsOfDate>
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