v3.25.4
Net Asset Value and Financial Highlights - Schedule of Net Asset Value (Details) - $ / shares
3 Months Ended 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
BreakWave Dry Bulk Shipping ETF [Member]        
Net Asset Value        
Net asset value per Share, beginning of period $ 7.61 $ 10.71 $ 5.63 $ 12.13
Net investment loss [1] (0.03) (0.03) (0.04) (0.05)
Net realized and unrealized gain (loss) 1.16 (4.64) 3.15 [2] (6.04)
Net Income (Loss) 1.13 (4.67) 3.11 (6.09)
Net Asset Value per Share, end of period 8.74 6.04 8.74 6.04
Market Value per Share, end of period $ 8.77 $ 6.08 $ 8.77 $ 6.08
Ratios to Average Net Assets**        
Expense Ratio [3] 4.31% 5.24% 3.99% 4.78%
Expense Ratio before Waiver/Assumption [3],[4] 4.38% 7.45% 4.02% 6.43%
Net Investment Loss after waiver [3] (1.27%) (1.74%) (0.91%) (1.19%)
Total Return, at Net Asset Value [3],[5] 14.81% (43.62%) 55.42% (50.18%)
Total Return, at Market Value [3],[5] 16.78% (43.39%) 58.02% (50.33%)
BreakWave Tanker Shipping ETF [Member]        
Net Asset Value        
Net asset value per Share, beginning of period $ 14.64 $ 14.85 $ 10.63 $ 16.69
Net investment loss [1] (0.09) (0.05) (0.14) (0.1)
Net realized and unrealized gain (loss) 4.72 (4.92) 8.78 (6.71)
Net Income (Loss) 4.63 (4.97) 8.64 (6.81)
Net Asset Value per Share, end of period 19.27 9.88 19.27 9.88
Market Value per Share, end of period $ 19.26 $ 9.82 $ 19.26 $ 9.82
Ratios to Average Net Assets**        
Expense Ratio [3] 5.20% 5.18% 5.07% 5.06%
Expense Ratio before Waiver/Assumption [3],[4] 20.89% 22.48% 23.25% 19.23%
Net Investment Loss after waiver [3] (1.76%) (1.44%) (1.77%) (1.31%)
Total Return, at Net Asset Value [3],[5] 31.63% (33.44%) 81.25% (40.79%)
Total Return, at Market Value [3],[5] 30.65% (33.46%) 80.97% (41.52%)
[1] Calculated based on average shares outstanding during the period.
[2] Realized and unrealized gains and losses per shares in this caption are balancing amounts necessary to reconcile the change in net asset value per share for the period, and may not reconcile with aggregate gains and losses in the Combined Statement of Operations due to share transactions for the period.
[3] Percentages are annualized
[4] Fund expenses have been capped at 3.50% of average daily net assets, plus brokerage commissions, interest expense, and extraordinary expenses, if any
[5] Percentages are not annualized