<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:com="http://www.sec.gov/edgar/common">
	<headerData>
		<submissionType>SCHEDULE 13G/A</submissionType>
		<previousAccessionNumber/>
		<filerInfo>
			<filer>
				<filerCredentials>
					<cik>0001570284</cik>
					<ccc>XXXXXXXX</ccc>
				</filerCredentials>
			</filer>
			<liveTestFlag>LIVE</liveTestFlag>



		</filerInfo>
	</headerData>
	<formData>
		<coverPageHeader>
			<amendmentNo>1</amendmentNo>
			<securitiesClassTitle>CLASS A</securitiesClassTitle>
			<eventDateRequiresFilingThisStatement>05/25/2025</eventDateRequiresFilingThisStatement>
			<issuerInfo>
				<issuerCik>0000754811</issuerCik>
				<issuerName>U.S. GLOBAL INVESTORS, INC.</issuerName>
				<issuerCusip>902952100</issuerCusip>
				<issuerPrincipalExecutiveOfficeAddress>
					<com:street1>7900 Callaghan Road</com:street1>
					<com:city>San Antonio</com:city>
					<com:stateOrCountry>TX</com:stateOrCountry>
					<com:zipCode>78299</com:zipCode>
				</issuerPrincipalExecutiveOfficeAddress>
			</issuerInfo>
			<designateRulesPursuantThisScheduleFiled>
				<designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
			</designateRulesPursuantThisScheduleFiled>
		</coverPageHeader>
		<coverPageHeaderReportingPersonDetails>


			<reportingPersonName>Gator Capital Management, LLC</reportingPersonName>
			<citizenshipOrOrganization>DE</citizenshipOrOrganization>
			<reportingPersonBeneficiallyOwnedNumberOfShares>
				<soleVotingPower>0</soleVotingPower>
				<sharedVotingPower>684223</sharedVotingPower>
				<soleDispositivePower>0</soleDispositivePower>
				<sharedDispositivePower>684223</sharedDispositivePower>
			</reportingPersonBeneficiallyOwnedNumberOfShares>
			<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>684223</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
			<classPercent>6.18</classPercent>
			<typeOfReportingPerson>IA</typeOfReportingPerson>
		</coverPageHeaderReportingPersonDetails>
		<coverPageHeaderReportingPersonDetails>

			<reportingPersonName>Derek Pilecki</reportingPersonName>
			<citizenshipOrOrganization>X1</citizenshipOrOrganization>
			<reportingPersonBeneficiallyOwnedNumberOfShares>
				<soleVotingPower>0</soleVotingPower>
				<sharedVotingPower>684223</sharedVotingPower>
				<soleDispositivePower>0</soleDispositivePower>
				<sharedDispositivePower>684223</sharedDispositivePower>
			</reportingPersonBeneficiallyOwnedNumberOfShares>
			<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>684223</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
			<classPercent>6.18</classPercent>
			<typeOfReportingPerson>HC</typeOfReportingPerson>
		</coverPageHeaderReportingPersonDetails>
		<coverPageHeaderReportingPersonDetails>


			<reportingPersonName>Gator Financial Partners, LLC</reportingPersonName>
			<citizenshipOrOrganization>DE</citizenshipOrOrganization>
			<reportingPersonBeneficiallyOwnedNumberOfShares>
				<soleVotingPower>0</soleVotingPower>
				<sharedVotingPower>625223</sharedVotingPower>
				<soleDispositivePower>0</soleDispositivePower>
				<sharedDispositivePower>625223</sharedDispositivePower>
			</reportingPersonBeneficiallyOwnedNumberOfShares>
			<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>625223</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
			<classPercent>5.64</classPercent>
			<typeOfReportingPerson>OO</typeOfReportingPerson>
		</coverPageHeaderReportingPersonDetails>
		<coverPageHeaderReportingPersonDetails>


			<reportingPersonName>ECA Fund, LP</reportingPersonName>
			<citizenshipOrOrganization>TX</citizenshipOrOrganization>
			<reportingPersonBeneficiallyOwnedNumberOfShares>
				<soleVotingPower>0</soleVotingPower>
				<sharedVotingPower>53000</sharedVotingPower>
				<soleDispositivePower>0</soleDispositivePower>
				<sharedDispositivePower>53000</sharedDispositivePower>
			</reportingPersonBeneficiallyOwnedNumberOfShares>
			<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>53000</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
			<classPercent>0.48</classPercent>
			<typeOfReportingPerson>PN</typeOfReportingPerson>
		</coverPageHeaderReportingPersonDetails>
		<items>
			<item1>
				<issuerName>U.S. GLOBAL INVESTORS, INC.</issuerName>
				<issuerPrincipalExecutiveOfficeAddress>7900 Callaghan Road, San Antonio, TEXAS 78299</issuerPrincipalExecutiveOfficeAddress>
			</item1>
			<item2>
				<filingPersonName>Gator Capital Management, LLC
Derek Pilecki
Gator Financial Partners, LLC
ECA Fund, LP</filingPersonName>
				<principalBusinessOfficeOrResidenceAddress>2502 N. Rocky Point Dr.
Ste 665
Tampa, FL 33607</principalBusinessOfficeOrResidenceAddress>
				<citizenship>Gator Capital Management, LLC is a Delaware limited liability company
Derek Pilecki is a United States citizen
Gator Financial Partners, LLC is a Delaware limited liability company
ECA Fund, LP a Texas Limited Partnership</citizenship>
			</item2>
			<item3>
				<notApplicableFlag>Y</notApplicableFlag>
			</item3>
			<item4>
				<amountBeneficiallyOwned>Gator Capital Management, LLC 684,223
Derek Pilecki 684,223
Gator Financial Partners, LLC 625,223
ECA Fund, LP 53,000</amountBeneficiallyOwned>
				<classPercent>Gator Capital Management, LLC 6.18%
Derek Pileck 6.18%
Gator Financial Partners, LLC 5.64%
ECA Fund, LP 0.48%.</classPercent>
				<numberOfSharesPersonHas>
					<solePowerOrDirectToVote>N/A
N/A
N/A</solePowerOrDirectToVote>
					<sharedPowerOrDirectToVote>Gator Capital Management, LLC 684,223
Derek Pilecki 684,223
Gator Financial Partners, LLC 625,223
ECA Fund, LP 53,000</sharedPowerOrDirectToVote>
					<solePowerOrDirectToDispose>N/A
N/A
N/A</solePowerOrDirectToDispose>
					<sharedPowerOrDirectToDispose>Gator Capital Management, LLC 684,223
Derek Pilecki 684,223
Gator Financial Partners, LLC 625,223
ECA Fund, LP 53,000</sharedPowerOrDirectToDispose>
				</numberOfSharesPersonHas>
			</item4>
			<item5>
				<notApplicableFlag>Y</notApplicableFlag>
			</item5>
			<item6>
				<notApplicableFlag>Y</notApplicableFlag>
			</item6>
			<item7>
				<notApplicableFlag>Y</notApplicableFlag>
			</item7>
			<item8>
				<notApplicableFlag>Y</notApplicableFlag>
			</item8>
			<item9>
				<notApplicableFlag>Y</notApplicableFlag>
			</item9>
			<item10>
				<notApplicableFlag>N</notApplicableFlag>
				<certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
</certifications>
			</item10>
		</items>
		<exhibitInfo>Joint Filing Agreement dated June 30, 2025, among Gator Financial Partners, LLC, Gator Capital Management, LLC, Derek Pilecki, and ECA Fund, LP.</exhibitInfo>
		<signatureInformation>
			<reportingPersonName>Gator Capital Management, LLC</reportingPersonName>
			<signatureDetails>
				<signature>Derek Pilecki</signature>
				<title>Managing Member</title>
				<date>06/30/2025</date>
			</signatureDetails>
		</signatureInformation>
		<signatureInformation>
			<reportingPersonName>Derek Pilecki</reportingPersonName>
			<signatureDetails>
				<signature>Derek Pilecki</signature>
				<title>Individual</title>
				<date>06/30/2025</date>
			</signatureDetails>
		</signatureInformation>
		<signatureInformation>
			<reportingPersonName>Gator Financial Partners, LLC</reportingPersonName>
			<signatureDetails>
				<signature>Derek Pilecki</signature>
				<title>Managing Member</title>
				<date>06/30/2025</date>
			</signatureDetails>
		</signatureInformation>
		<signatureInformation>
			<reportingPersonName>ECA Fund, LP</reportingPersonName>
			<signatureDetails>
				<signature>Derek Pilecki</signature>
				<title>Derek Pilecki</title>
				<date>06/30/2025</date>
			</signatureDetails>
		</signatureInformation>
		<signatureComments>After reasonable inquiry and to the best of each of the undersigned's knowledge and belief, each of the undersigned certifies that the information set forth in this Statement is true, complete and correct.</signatureComments>
	</formData>

</edgarSubmission>