v3.25.4
Combined Statements of Changes in Net Assets (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Net Assets at Beginning of Period $ 40,283,545 $ 27,345,575 $ 67,146,259 $ 41,200,971
Increase (decrease) in Net Assets from share transactions        
Addition shares 2,491,248 22,040,013 16,025,186 23,258,581
Redemption shares (13,923,768) (4,773,077) (76,772,026) (15,292,145)
Net increase (decrease) in Net Assets from share transactions (11,432,520) 17,266,936 (60,746,840) 7,966,436
Increase (decrease) in Net Assets from operations        
Net investment income (loss) (134,882) (106,048) (229,282) (172,256)
Net realized gain (loss) 6,695,995 (9,923,014) 29,088,434 (15,059,674)
Change in net unrealized gain (loss) (258,899) (2,230,702) (105,332) (1,582,730)
Net Increase (decrease) in Net Assets from operations 6,302,214 (12,259,764) 28,753,820 (16,814,660)
Net Assets at End of Period 35,153,239 32,352,747 35,153,239 32,352,747
BREAKWAVE DRY BULK SHIPPING ETF        
Net Assets at Beginning of Period 38,451,594 24,374,853 65,816,264 39,113,154
Increase (decrease) in Net Assets from share transactions        
Addition shares 22,040,013 13,258,118 22,040,013
Redemption shares (10,777,958) (3,808,987) (73,337,328) (14,328,055)
Net increase (decrease) in Net Assets from share transactions (10,777,958) 18,231,026 (60,079,210) 7,711,958
Increase (decrease) in Net Assets from operations        
Net investment income (loss) (122,278) (98,876) (209,124) (156,540)
Net realized gain (loss) 5,395,507 (9,194,227) 27,482,465 (14,038,246)
Change in net unrealized gain (loss) 276,975 (2,196,210) 213,445 (1,513,760)
Net Increase (decrease) in Net Assets from operations 5,550,204 (11,489,313) 27,486,786 (15,708,546)
Net Assets at End of Period 33,223,840 31,116,566 33,223,840 31,116,566
BREAKWAVE TANKER SHIPPING ETF        
Net Assets at Beginning of Period 1,831,951 2,970,722 1,329,995 2,087,817
Increase (decrease) in Net Assets from share transactions        
Addition shares 2,491,248 2,767,068 1,218,568
Redemption shares (3,145,810) (964,090) (3,434,698) (964,090)
Net increase (decrease) in Net Assets from share transactions (654,562) (964,090) (667,630) 254,478
Increase (decrease) in Net Assets from operations        
Net investment income (loss) (12,604) (7,172) (20,158) (15,716)
Net realized gain (loss) 1,300,488 (728,787) 1,605,969 (1,021,428)
Change in net unrealized gain (loss) (535,874) (34,492) (318,777) (68,970)
Net Increase (decrease) in Net Assets from operations 752,010 (770,451) 1,267,034 (1,106,114)
Net Assets at End of Period $ 1,929,399 $ 1,236,181 $ 1,929,399 $ 1,236,181