<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13D" xmlns:com="http://www.sec.gov/edgar/common">
  <schemaVersion>X0202</schemaVersion>
<headerData>
    <submissionType>SCHEDULE 13D/A</submissionType>
    <previousAccessionNumber>0001056823-25-000020</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001056823</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>4</amendmentNo>
      <securitiesClassTitle>Common Stock</securitiesClassTitle>
      <dateOfEvent>05/19/2026</dateOfEvent>
      <previouslyFiledFlag>false</previouslyFiledFlag>
      <issuerInfo>
        <issuerCIK>0001438472</issuerCIK>
        <issuerCusips>
          <issuerCusipNumber>59356Q108</issuerCusipNumber>
        </issuerCusips>
        <issuerName>MIAMI INTERNATIONAL HOLDINGS, INC.</issuerName>
        <address>
          <com:street1>7 ROSZEL ROAD</com:street1>
          <com:street2>FIFTH FLOOR, SUITE 1-A</com:street2>
          <com:city>PRINCETON</com:city>
          <com:stateOrCountry>NJ</com:stateOrCountry>
          <com:zipCode>08540</com:zipCode>
        </address>
      </issuerInfo>
      <authorizedPersons>
        <notificationInfo>
          <personName>Jay Kesslen</personName>
          <personPhoneNum>646-867-1176</personPhoneNum>
          <personAddress>
            <com:street1>470 Park Ave S</com:street1>
            <com:street2>8th Fl S</com:street2>
            <com:city>New York</com:city>
            <com:stateOrCountry>NY</com:stateOrCountry>
            <com:zipCode>10016</com:zipCode>
          </personAddress>
        </notificationInfo>
      </authorizedPersons>
    </coverPageHeader>
    <reportingPersons>
      <reportingPersonInfo>
        <reportingPersonCIK>0001056823</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>HORIZON KINETICS ASSET MANAGEMENT LLC</reportingPersonName>
        <fundType>WC</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>DE</citizenshipOrOrganization>
        <soleVotingPower>7400316.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>7400316.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>7400316.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>7.8</percentOfClass>
        <typeOfReportingPerson>IA</typeOfReportingPerson>
        <commentContent>Horizon Kinetics Asset Management LLC ("HKAM"), a Delaware limited liability company and a wholly owned subsidiary of Horizon Kinetics Holding Corporation ("HKHC"), a Delaware corporation, manages funds and accounts ("Managed Accounts") that hold securities of the Issuer.

The following constitutes Amendment No. 4 to the Schedule 13D filed by the undersigned. This Amendment No. 4 amends, supplements and to the extent inconsistent with, supersedes the initial Schedule 13D filed with the Securities and Exchange Commission on August 13, 2025, as amended by Amendment No. 1 filed November 24, 2025, Amendment No. 2 filed April 14, 2026, and Amendment No. 3 filed April 27, 2026.</commentContent>
      </reportingPersonInfo>
      <reportingPersonInfo>
        <reportingPersonCIK>0000088000</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Horizon Kinetics Holding Corp</reportingPersonName>
        <fundType>AF</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>DE</citizenshipOrOrganization>
        <soleVotingPower>7400316.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>7400316.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>7400316.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>7.8</percentOfClass>
        <typeOfReportingPerson>HC</typeOfReportingPerson>
        <commentContent>HKHC is the parent company to HKAM, a registered investment adviser. HKHC may be deemed to beneficially own the 7,400,316 shares beneficially owned by HKAM. HKHC has not entered into any separate transactions in the shares other than those listed under Schedule A, and as described in Item 4 below, which were effectuated by HKAM.</commentContent>
      </reportingPersonInfo>
    </reportingPersons>
    <items1To7>
      <item1>
        <securityTitle>Common Stock</securityTitle>
        <issuerName>MIAMI INTERNATIONAL HOLDINGS, INC.</issuerName>
        <issuerPrincipalAddress>
          <com:street1>7 ROSZEL ROAD</com:street1>
          <com:street2>FIFTH FLOOR, SUITE 1-A</com:street2>
          <com:city>PRINCETON</com:city>
          <com:stateOrCountry>NJ</com:stateOrCountry>
          <com:zipCode>08540</com:zipCode>
        </issuerPrincipalAddress>
      </item1>
      <item4>
        <transactionPurpose>HKAM acquired the securities reported herein on behalf of the Managed Accounts for investment purposes. In the ordinary course of its business, HKAM intends to regularly review its equity interest in the Issuer and may, from time to time, acquire additional shares or other securities of the Issuer. While HKAM has no present intention to dispose of all or any portion of the shares beneficially owned by Managed Accounts, it may sell shares from time to time for a number of reasons, not limited to client requests, regulatory or investment limitations or other reasons. Any such sales of securities of the Issuer may be in the open market, privately negotiated transactions or otherwise.

On May 19, 2026, HKAM distributed 4,084,261 shares in-kind on a pro rata basis without consideration to the beneficial owners of the Managed Accounts in response to client requests.</transactionPurpose>
      </item4>
      <item5>
        <percentageOfClassSecurities>Item 5 is hereby amended and restated in its entirety to read as follows:

As of the close of business on May 19, 2026, HKAM beneficially owned 7,400,316 shares of common stock.

The 7,400,316 shares beneficially owned represented 7.8% of the outstanding shares of common stock.

Neither the filing of this Schedule 13D nor any of its contents shall be deemed to constitute an admission that HKAM is the beneficial owner of the common stock referred to herein for purposes of Sections 13(d) and or 16 of the Securities Exchange Act of 1934, or for any other purpose, and such beneficial ownership is expressly disclaimed, except to the extent of its pecuniary interest therein.</percentageOfClassSecurities>
        <numberOfShares>HKAM's sole power to vote is 7,400,316 shares.</numberOfShares>
        <transactionDesc>Except as set forth in this Schedule 13D, Item 4 above, and Schedule A attached hereto as Exhibit 99, HKAM has not effected any transaction in common stock in the past 60 days.</transactionDesc>
        <listOfShareholders>Except for Managed Accounts, who may have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, common stock, no other person is known by HKAM to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, any common stock that may be beneficially owned by HKAM.</listOfShareholders>
        <date5PercentOwnership>n/a</date5PercentOwnership>
      </item5>
      <item7>
        <filedExhibits>Exhibit 99 - 60 Day Trading History</filedExhibits>
      </item7>
    </items1To7>
    <signatureInfo>
      <signaturePerson>
        <signatureReportingPerson>HORIZON KINETICS ASSET MANAGEMENT LLC</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/Jay Kesslen</signature>
          <title>Jay Kesslen, General Counsel</title>
          <date>05/21/2026</date>
        </signatureDetails>
      </signaturePerson>
      <signaturePerson>
        <signatureReportingPerson>Horizon Kinetics Holding Corp</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/Jay Kesslen</signature>
          <title>Jay Kesslen /General Counsel</title>
          <date>05/21/2026</date>
        </signatureDetails>
      </signaturePerson>
    </signatureInfo>
  </formData>

</edgarSubmission>