Note 9 - Segment Reporting (ASC Topic 280) - Schedule of Segment Information (Details) - USD ($)
|
3 Months Ended |
6 Months Ended |
|
|
|
|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
Mar. 31, 2026 |
[1] |
Dec. 31, 2025 |
Mar. 31, 2025 |
Dec. 31, 2024 |
| Cash and cash equivalents |
|
$ 533,029,161
|
|
|
$ 533,029,161
|
|
|
|
$ 205,272,839
|
|
|
|
| Investments in bitcoin, at fair value |
|
1,071,328
|
|
|
1,071,328
|
|
|
|
|
|
|
|
| Commodity and Cryptocurrency Futures Contracts |
|
47,115,683
|
|
|
47,115,683
|
|
|
|
10,821,457
|
|
|
|
| Net Assets |
|
|
|
|
|
|
|
|
213,588,976
|
|
|
|
| Realized Gain on Commodity Futures Contracts |
|
5,395,531
|
|
$ (8,033,749)
|
9,844,299
|
|
$ (11,383,322)
|
|
|
|
|
|
| Net Change in Unrealized Depreciation on Commodity Futures Contracts |
|
(61,541,179)
|
|
(1,124,376)
|
(35,942,395)
|
|
(1,265,461)
|
|
|
|
|
|
| Realized gain (loss) on commodity futures contracts |
|
5,395,531
|
|
(8,033,749)
|
9,844,299
|
|
(11,383,322)
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on commodity futures contracts |
|
(61,541,179)
|
|
(1,124,376)
|
(35,942,395)
|
|
(1,265,461)
|
|
|
|
|
|
| Teucrium Commodity Trust, Combined [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Cash and cash equivalents |
|
533,029,161
|
|
|
533,029,161
|
|
|
|
205,272,839
|
[1] |
|
|
| Interest receivable |
|
508,685
|
|
|
508,685
|
|
|
|
186,896
|
[1] |
|
|
| Commodity futures contracts |
|
402,086
|
|
|
402,086
|
|
|
|
50,255
|
[1] |
|
|
| Due from broker |
|
81,685,551
|
|
|
81,685,551
|
|
|
|
20,425,626
|
[1] |
|
|
| Investments in bitcoin, at fair value |
|
1,071,328
|
|
|
1,071,328
|
|
|
|
0
|
[1] |
|
|
| Investments in securities, at fair value (cost $18,935,459 as of June 30, 2026) |
|
0
|
|
|
0
|
|
|
|
0
|
|
|
|
| Total equity in trading accounts |
|
83,158,965
|
|
|
83,158,965
|
|
|
|
20,475,881
|
[1] |
|
|
| Total assets |
|
616,696,811
|
|
|
616,696,811
|
|
|
|
225,935,616
|
[1] |
|
|
| Management fee payable to Sponsor |
|
(514,954)
|
|
|
(514,954)
|
|
|
|
(196,887)
|
[1] |
|
|
| Current taxes payable |
|
2,578
|
|
|
2,578
|
|
|
|
0
|
[1] |
|
|
| Other liabilities |
|
(839,133)
|
|
|
(839,133)
|
|
|
|
(234,056)
|
[1] |
|
|
| Payable for Shares redeemed |
|
6,111,903
|
|
|
6,111,903
|
|
|
|
|
|
|
|
| Commodity and Cryptocurrency Futures Contracts |
|
47,115,683
|
|
|
47,115,683
|
|
|
|
10,821,457
|
[1] |
|
|
| Total equity in trading accounts |
|
47,115,683
|
|
|
47,115,683
|
|
|
|
10,821,457
|
|
|
|
| Total liabilities |
|
54,584,251
|
|
|
54,584,251
|
|
|
|
12,346,640
|
[1] |
|
|
| Net Assets |
|
562,112,560
|
[1] |
198,950,468
|
562,112,560
|
[1] |
198,950,468
|
$ 733,901,572
|
213,588,976
|
[1] |
$ 203,084,395
|
$ 224,647,418
|
| Payable for Shares redeemed |
|
6,111,903
|
|
|
6,111,903
|
|
|
|
1,094,240
|
[1] |
|
|
| Realized Gain on Commodity Futures Contracts |
|
5,395,531
|
[1] |
(8,033,749)
|
9,844,299
|
[1] |
(11,383,322)
|
|
|
|
|
|
| Net Change in Unrealized Depreciation on Commodity Futures Contracts |
|
(61,541,179)
|
[1] |
(1,124,376)
|
(35,942,395)
|
[1] |
(1,265,461)
|
|
|
|
|
|
| Realized gain (loss) on securities |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on securities |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Realized gain (loss) on foreign currency |
|
(185)
|
[1] |
0
|
(185)
|
[1] |
0
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on bitcoin |
|
(39,394)
|
[1] |
0
|
(39,394)
|
[1] |
0
|
|
|
|
|
|
| Interest income |
[1] |
6,004,934
|
|
2,207,509
|
8,563,840
|
|
4,576,754
|
|
|
|
|
|
| Total income (loss) |
[1] |
(50,180,293)
|
|
(6,950,616)
|
(17,573,835)
|
|
(8,072,029)
|
|
|
|
|
|
| Management fees |
[1] |
1,694,229
|
|
511,158
|
2,396,106
|
|
1,062,772
|
|
|
|
|
|
| Professional fees |
[1] |
537,997
|
|
291,785
|
997,861
|
|
594,992
|
|
|
|
|
|
| Amount Recognized for Distribution Services |
[1] |
1,352,302
|
|
947,882
|
2,223,265
|
|
1,850,564
|
|
|
|
|
|
| Amount Recognized for Custody Services |
[1] |
121,643
|
|
92,662
|
239,366
|
|
202,790
|
|
|
|
|
|
| Amount Recognized for Wilmington Trust |
[1] |
59,111
|
|
40,432
|
108,365
|
|
112,161
|
|
|
|
|
|
| General and administrative expenses |
[1] |
73,489
|
|
75,677
|
147,609
|
|
170,234
|
|
|
|
|
|
| Other expenses |
[1] |
1
|
|
5,118
|
8
|
|
8,125
|
|
|
|
|
|
| Total expenses |
[1] |
3,838,772
|
|
1,964,714
|
6,112,580
|
|
4,001,638
|
|
|
|
|
|
| Expenses waived by the Sponsor |
[1] |
(58,560)
|
|
(59,263)
|
(112,830)
|
|
(110,117)
|
|
|
|
|
|
| Total expenses, net |
[1] |
3,780,212
|
|
1,905,451
|
5,999,750
|
|
3,891,521
|
|
|
|
|
|
| Net income (loss) before taxes |
|
(53,960,505)
|
|
(8,856,067)
|
(23,573,585)
|
|
(11,963,550)
|
|
|
|
|
|
| Current Tax Expense |
|
2,578
|
|
0
|
2,578
|
|
0
|
|
|
|
|
|
| Net income (loss) after taxes |
|
(53,963,083)
|
[1] |
(8,856,067)
|
(23,576,163)
|
[1] |
(11,963,550)
|
|
|
|
|
|
| Realized gain (loss) on commodity futures contracts |
|
5,395,531
|
[1] |
(8,033,749)
|
9,844,299
|
[1] |
(11,383,322)
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on commodity futures contracts |
|
(61,541,179)
|
[1] |
(1,124,376)
|
(35,942,395)
|
[1] |
(1,265,461)
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on securities |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Realized gain (loss) on foreign currency |
|
(185)
|
[1] |
0
|
(185)
|
[1] |
0
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on bitcoin |
|
(39,394)
|
[1] |
0
|
(39,394)
|
[1] |
0
|
|
|
|
|
|
| Consolidation, Eliminations [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Cash and cash equivalents |
|
0
|
|
|
0
|
|
|
|
0
|
|
|
|
| Interest receivable |
|
0
|
|
|
0
|
|
|
|
0
|
|
|
|
| Commodity futures contracts |
|
0
|
|
|
0
|
|
|
|
0
|
|
|
|
| Due from broker |
|
0
|
|
|
0
|
|
|
|
0
|
|
|
|
| Investments in bitcoin, at fair value |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Investments in securities, at fair value (cost $18,935,459 as of June 30, 2026) |
|
(18,201,506)
|
|
|
(18,201,506)
|
|
|
|
(6,298,329)
|
|
|
|
| Total equity in trading accounts |
|
(18,201,506)
|
|
|
(18,201,506)
|
|
|
|
(6,298,329)
|
|
|
|
| Total assets |
|
(18,201,506)
|
|
|
(18,201,506)
|
|
|
|
(6,298,329)
|
|
|
|
| Management fee payable to Sponsor |
|
0
|
|
|
0
|
|
|
|
0
|
|
|
|
| Current taxes payable |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Other liabilities |
|
0
|
|
|
0
|
|
|
|
0
|
|
|
|
| Payable for Shares redeemed |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Commodity and Cryptocurrency Futures Contracts |
|
0
|
|
|
0
|
|
|
|
0
|
|
|
|
| Total equity in trading accounts |
|
0
|
|
|
0
|
|
|
|
0
|
|
|
|
| Total liabilities |
|
0
|
|
|
0
|
|
|
|
0
|
|
|
|
| Net Assets |
|
(18,201,506)
|
|
|
(18,201,506)
|
|
|
|
(6,298,329)
|
|
|
|
| Realized Gain on Commodity Futures Contracts |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Net Change in Unrealized Depreciation on Commodity Futures Contracts |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Realized gain (loss) on securities |
|
1,674,594
|
|
261,858
|
1,801,668
|
|
374,921
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on securities |
|
(71,354)
|
|
164,615
|
(1,124,406)
|
|
(18,481)
|
|
|
|
|
|
| Realized gain (loss) on foreign currency |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on bitcoin |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Interest income |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Total income (loss) |
|
1,603,240
|
|
426,473
|
677,262
|
|
356,440
|
|
|
|
|
|
| Management fees |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Professional fees |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Amount Recognized for Distribution Services |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Amount Recognized for Custody Services |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Amount Recognized for Wilmington Trust |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| General and administrative expenses |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Other expenses |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Total expenses |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Expenses waived by the Sponsor |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Total expenses, net |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Net income (loss) before taxes |
|
1,603,240
|
|
|
677,262
|
|
|
|
|
|
|
|
| Current Tax Expense |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Net income (loss) after taxes |
|
1,603,240
|
|
426,473
|
677,262
|
|
356,440
|
|
|
|
|
|
| Realized gain (loss) on commodity futures contracts |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on commodity futures contracts |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on securities |
|
(71,354)
|
|
164,615
|
(1,124,406)
|
|
(18,481)
|
|
|
|
|
|
| Realized gain (loss) on foreign currency |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on bitcoin |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Teucrium Corn Fund [Member] | Operating Segments [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Cash and cash equivalents |
|
166,316,925
|
|
|
166,316,925
|
|
|
|
45,091,481
|
|
|
|
| Interest receivable |
|
99,749
|
|
|
99,749
|
|
|
|
59,310
|
|
|
|
| Commodity futures contracts |
|
0
|
|
|
0
|
|
|
|
50,255
|
|
|
|
| Due from broker |
|
31,240,675
|
|
|
31,240,675
|
|
|
|
2,065,122
|
|
|
|
| Investments in bitcoin, at fair value |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Investments in securities, at fair value (cost $18,935,459 as of June 30, 2026) |
|
|
|
|
|
|
|
|
0
|
|
|
|
| Total equity in trading accounts |
|
31,240,675
|
|
|
31,240,675
|
|
|
|
2,115,377
|
|
|
|
| Total assets |
|
197,657,349
|
|
|
197,657,349
|
|
|
|
47,266,168
|
|
|
|
| Management fee payable to Sponsor |
|
(167,539)
|
|
|
(167,539)
|
|
|
|
(41,974)
|
|
|
|
| Current taxes payable |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Other liabilities |
|
(215,840)
|
|
|
(215,840)
|
|
|
|
(64,005)
|
|
|
|
| Payable for Shares redeemed |
|
3,347,840
|
|
|
3,347,840
|
|
|
|
|
|
|
|
| Commodity and Cryptocurrency Futures Contracts |
|
20,676,471
|
|
|
20,676,471
|
|
|
|
170,785
|
|
|
|
| Total equity in trading accounts |
|
20,676,471
|
|
|
20,676,471
|
|
|
|
170,785
|
|
|
|
| Total liabilities |
|
24,407,690
|
|
|
24,407,690
|
|
|
|
276,764
|
|
|
|
| Net Assets |
|
173,249,659
|
|
|
173,249,659
|
|
|
|
46,989,404
|
|
|
|
| Payable for Shares redeemed |
|
|
|
|
|
|
|
|
0
|
|
|
|
| Realized Gain on Commodity Futures Contracts |
|
(6,062,166)
|
|
(1,168,091)
|
(5,402,481)
|
|
(181,948)
|
|
|
|
|
|
| Net Change in Unrealized Depreciation on Commodity Futures Contracts |
|
(18,996,621)
|
|
(1,171,337)
|
(20,555,941)
|
|
(2,755,595)
|
|
|
|
|
|
| Realized gain (loss) on securities |
|
|
|
|
0
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on securities |
|
|
|
|
0
|
|
|
|
|
|
|
|
| Realized gain (loss) on foreign currency |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on bitcoin |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Interest income |
|
2,182,737
|
|
536,511
|
2,856,904
|
|
1,197,798
|
|
|
|
|
|
| Total income (loss) |
|
(22,876,050)
|
|
(1,802,917)
|
(23,101,518)
|
|
(1,739,745)
|
|
|
|
|
|
| Management fees |
|
615,090
|
|
123,779
|
794,202
|
|
278,021
|
|
|
|
|
|
| Professional fees |
|
166,716
|
|
65,562
|
275,342
|
|
149,817
|
|
|
|
|
|
| Amount Recognized for Distribution Services |
|
376,077
|
|
245,629
|
599,968
|
|
492,045
|
|
|
|
|
|
| Amount Recognized for Custody Services |
|
35,476
|
|
23,803
|
62,343
|
|
54,973
|
|
|
|
|
|
| Amount Recognized for Wilmington Trust |
|
14,011
|
|
11,444
|
22,967
|
|
23,783
|
|
|
|
|
|
| General and administrative expenses |
|
23,174
|
|
19,804
|
41,085
|
|
44,920
|
|
|
|
|
|
| Other expenses |
|
0
|
|
1,238
|
0
|
|
1,238
|
|
|
|
|
|
| Total expenses |
|
1,230,544
|
|
491,259
|
1,795,907
|
|
1,044,797
|
|
|
|
|
|
| Expenses waived by the Sponsor |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Total expenses, net |
|
1,230,544
|
|
491,259
|
1,795,907
|
|
1,044,797
|
|
|
|
|
|
| Net income (loss) before taxes |
|
(24,106,594)
|
|
|
(24,897,425)
|
|
|
|
|
|
|
|
| Current Tax Expense |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Net income (loss) after taxes |
|
(24,106,594)
|
|
(2,294,176)
|
(24,897,425)
|
|
(2,784,542)
|
|
|
|
|
|
| Realized gain (loss) on commodity futures contracts |
|
(6,062,166)
|
|
(1,168,091)
|
(5,402,481)
|
|
(181,948)
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on commodity futures contracts |
|
(18,996,621)
|
|
(1,171,337)
|
(20,555,941)
|
|
(2,755,595)
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on securities |
|
|
|
|
0
|
|
|
|
|
|
|
|
| Realized gain (loss) on foreign currency |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on bitcoin |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Teucrium Soybean Fund [Member] | Operating Segments [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Cash and cash equivalents |
|
46,384,883
|
|
|
46,384,883
|
|
|
|
39,018,369
|
|
|
|
| Interest receivable |
|
41,047
|
|
|
41,047
|
|
|
|
45,367
|
|
|
|
| Commodity futures contracts |
|
242,041
|
|
|
242,041
|
|
|
|
0
|
|
|
|
| Due from broker |
|
2,622,610
|
|
|
2,622,610
|
|
|
|
3,155,013
|
|
|
|
| Investments in bitcoin, at fair value |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Investments in securities, at fair value (cost $18,935,459 as of June 30, 2026) |
|
|
|
|
|
|
|
|
0
|
|
|
|
| Total equity in trading accounts |
|
2,864,651
|
|
|
2,864,651
|
|
|
|
3,155,013
|
|
|
|
| Total assets |
|
49,290,581
|
|
|
49,290,581
|
|
|
|
42,218,749
|
|
|
|
| Management fee payable to Sponsor |
|
(44,195)
|
|
|
(44,195)
|
|
|
|
(43,174)
|
|
|
|
| Current taxes payable |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Other liabilities |
|
(111,133)
|
|
|
(111,133)
|
|
|
|
(50,703)
|
|
|
|
| Payable for Shares redeemed |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Commodity and Cryptocurrency Futures Contracts |
|
943,813
|
|
|
943,813
|
|
|
|
2,185,227
|
|
|
|
| Total equity in trading accounts |
|
943,813
|
|
|
943,813
|
|
|
|
2,185,227
|
|
|
|
| Total liabilities |
|
1,099,141
|
|
|
1,099,141
|
|
|
|
3,373,344
|
|
|
|
| Net Assets |
|
48,191,440
|
|
|
48,191,440
|
|
|
|
38,845,405
|
|
|
|
| Payable for Shares redeemed |
|
|
|
|
|
|
|
|
1,094,240
|
|
|
|
| Realized Gain on Commodity Futures Contracts |
|
2,097,894
|
|
(35,053)
|
2,460,065
|
|
(409,265)
|
|
|
|
|
|
| Net Change in Unrealized Depreciation on Commodity Futures Contracts |
|
(2,506,884)
|
|
514,312
|
1,483,455
|
|
701,772
|
|
|
|
|
|
| Realized gain (loss) on securities |
|
|
|
|
0
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on securities |
|
|
|
|
0
|
|
|
|
|
|
|
|
| Realized gain (loss) on foreign currency |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on bitcoin |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Interest income |
|
546,267
|
|
276,434
|
922,950
|
|
557,143
|
|
|
|
|
|
| Total income (loss) |
|
137,277
|
|
755,693
|
4,866,470
|
|
849,650
|
|
|
|
|
|
| Management fees |
|
152,391
|
|
63,365
|
256,480
|
|
128,797
|
|
|
|
|
|
| Professional fees |
|
70,605
|
|
33,999
|
134,099
|
|
77,802
|
|
|
|
|
|
| Amount Recognized for Distribution Services |
|
156,040
|
|
131,839
|
260,129
|
|
252,234
|
|
|
|
|
|
| Amount Recognized for Custody Services |
|
14,247
|
|
10,335
|
29,860
|
|
26,693
|
|
|
|
|
|
| Amount Recognized for Wilmington Trust |
|
9,108
|
|
9,299
|
17,435
|
|
14,533
|
|
|
|
|
|
| General and administrative expenses |
|
8,116
|
|
11,406
|
18,525
|
|
24,492
|
|
|
|
|
|
| Other expenses |
|
0
|
|
634
|
0
|
|
634
|
|
|
|
|
|
| Total expenses |
|
410,507
|
|
260,877
|
716,528
|
|
525,185
|
|
|
|
|
|
| Expenses waived by the Sponsor |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Total expenses, net |
|
410,507
|
|
260,877
|
716,528
|
|
525,185
|
|
|
|
|
|
| Net income (loss) before taxes |
|
(273,230)
|
|
|
4,149,942
|
|
|
|
|
|
|
|
| Current Tax Expense |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Net income (loss) after taxes |
|
(273,230)
|
|
494,816
|
4,149,942
|
|
324,465
|
|
|
|
|
|
| Realized gain (loss) on commodity futures contracts |
|
2,097,894
|
|
(35,053)
|
2,460,065
|
|
(409,265)
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on commodity futures contracts |
|
(2,506,884)
|
|
514,312
|
1,483,455
|
|
701,772
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on securities |
|
|
|
|
0
|
|
|
|
|
|
|
|
| Realized gain (loss) on foreign currency |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on bitcoin |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Teucrium Sugar Fund [Member] | Operating Segments [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Cash and cash equivalents |
|
69,693,234
|
|
|
69,693,234
|
|
|
|
14,057,467
|
|
|
|
| Interest receivable |
|
118,497
|
|
|
118,497
|
|
|
|
24,116
|
|
|
|
| Commodity futures contracts |
|
149,012
|
|
|
149,012
|
|
|
|
0
|
|
|
|
| Due from broker |
|
3,723,100
|
|
|
3,723,100
|
|
|
|
1,809,178
|
|
|
|
| Investments in bitcoin, at fair value |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Investments in securities, at fair value (cost $18,935,459 as of June 30, 2026) |
|
|
|
|
|
|
|
|
0
|
|
|
|
| Total equity in trading accounts |
|
3,872,112
|
|
|
3,872,112
|
|
|
|
1,809,178
|
|
|
|
| Total assets |
|
73,683,843
|
|
|
73,683,843
|
|
|
|
15,890,761
|
|
|
|
| Management fee payable to Sponsor |
|
(60,382)
|
|
|
(60,382)
|
|
|
|
(12,645)
|
|
|
|
| Current taxes payable |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Other liabilities |
|
(76,553)
|
|
|
(76,553)
|
|
|
|
(40,508)
|
|
|
|
| Payable for Shares redeemed |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Commodity and Cryptocurrency Futures Contracts |
|
827,027
|
|
|
827,027
|
|
|
|
1,150,617
|
|
|
|
| Total equity in trading accounts |
|
827,027
|
|
|
827,027
|
|
|
|
1,150,617
|
|
|
|
| Total liabilities |
|
963,962
|
|
|
963,962
|
|
|
|
1,203,770
|
|
|
|
| Net Assets |
|
72,719,881
|
|
|
72,719,881
|
|
|
|
14,686,991
|
|
|
|
| Payable for Shares redeemed |
|
|
|
|
|
|
|
|
0
|
|
|
|
| Realized Gain on Commodity Futures Contracts |
|
(5,263,203)
|
|
(750,468)
|
(6,095,759)
|
|
(1,251,722)
|
|
|
|
|
|
| Net Change in Unrealized Depreciation on Commodity Futures Contracts |
|
(2,285,871)
|
|
(421,808)
|
472,602
|
|
1,089,719
|
|
|
|
|
|
| Realized gain (loss) on securities |
|
|
|
|
0
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on securities |
|
|
|
|
0
|
|
|
|
|
|
|
|
| Realized gain (loss) on foreign currency |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on bitcoin |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Interest income |
|
646,692
|
|
112,041
|
819,305
|
|
244,760
|
|
|
|
|
|
| Total income (loss) |
|
(6,902,382)
|
|
(1,060,235)
|
(4,803,852)
|
|
82,757
|
|
|
|
|
|
| Management fees |
|
182,179
|
|
25,999
|
229,656
|
|
57,315
|
|
|
|
|
|
| Professional fees |
|
52,843
|
|
20,392
|
83,703
|
|
47,973
|
|
|
|
|
|
| Amount Recognized for Distribution Services |
|
110,844
|
|
51,926
|
165,443
|
|
123,349
|
|
|
|
|
|
| Amount Recognized for Custody Services |
|
10,656
|
|
6,701
|
20,152
|
|
14,530
|
|
|
|
|
|
| Amount Recognized for Wilmington Trust |
|
12,720
|
|
7,004
|
16,518
|
|
9,509
|
|
|
|
|
|
| General and administrative expenses |
|
5,191
|
|
5,901
|
12,313
|
|
12,164
|
|
|
|
|
|
| Other expenses |
|
0
|
|
260
|
0
|
|
260
|
|
|
|
|
|
| Total expenses |
|
374,433
|
|
118,183
|
527,785
|
|
265,100
|
|
|
|
|
|
| Expenses waived by the Sponsor |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Total expenses, net |
|
374,433
|
|
118,183
|
527,785
|
|
265,100
|
|
|
|
|
|
| Net income (loss) before taxes |
|
(7,276,815)
|
|
|
(5,331,637)
|
|
|
|
|
|
|
|
| Current Tax Expense |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Net income (loss) after taxes |
|
(7,276,815)
|
|
(1,178,418)
|
(5,331,637)
|
|
(182,343)
|
|
|
|
|
|
| Realized gain (loss) on commodity futures contracts |
|
(5,263,203)
|
|
(750,468)
|
(6,095,759)
|
|
(1,251,722)
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on commodity futures contracts |
|
(2,285,871)
|
|
(421,808)
|
472,602
|
|
1,089,719
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on securities |
|
|
|
|
0
|
|
|
|
|
|
|
|
| Realized gain (loss) on foreign currency |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on bitcoin |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Teucrium Wheat Fund [Member] | Operating Segments [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Cash and cash equivalents |
|
250,337,619
|
|
|
250,337,619
|
|
|
|
107,092,260
|
|
|
|
| Interest receivable |
|
248,687
|
|
|
248,687
|
|
|
|
58,047
|
|
|
|
| Commodity futures contracts |
|
0
|
|
|
0
|
|
|
|
0
|
|
|
|
| Due from broker |
|
44,078,278
|
|
|
44,078,278
|
|
|
|
13,396,313
|
|
|
|
| Investments in bitcoin, at fair value |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Investments in securities, at fair value (cost $18,935,459 as of June 30, 2026) |
|
|
|
|
|
|
|
|
0
|
|
|
|
| Total equity in trading accounts |
|
44,078,278
|
|
|
44,078,278
|
|
|
|
13,396,313
|
|
|
|
| Total assets |
|
294,664,584
|
|
|
294,664,584
|
|
|
|
120,546,620
|
|
|
|
| Management fee payable to Sponsor |
|
(242,224)
|
|
|
(242,224)
|
|
|
|
(99,094)
|
|
|
|
| Current taxes payable |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Other liabilities |
|
(424,496)
|
|
|
(424,496)
|
|
|
|
(75,264)
|
|
|
|
| Payable for Shares redeemed |
|
2,764,063
|
|
|
2,764,063
|
|
|
|
|
|
|
|
| Commodity and Cryptocurrency Futures Contracts |
|
24,668,372
|
|
|
24,668,372
|
|
|
|
7,314,828
|
|
|
|
| Total equity in trading accounts |
|
24,668,372
|
|
|
24,668,372
|
|
|
|
7,314,828
|
|
|
|
| Total liabilities |
|
28,099,155
|
|
|
28,099,155
|
|
|
|
7,489,186
|
|
|
|
| Net Assets |
|
266,565,429
|
|
|
266,565,429
|
|
|
|
113,057,434
|
|
|
|
| Payable for Shares redeemed |
|
|
|
|
|
|
|
|
0
|
|
|
|
| Realized Gain on Commodity Futures Contracts |
|
14,624,504
|
|
(6,080,137)
|
18,883,972
|
|
(9,540,387)
|
|
|
|
|
|
| Net Change in Unrealized Depreciation on Commodity Futures Contracts |
|
(37,762,836)
|
|
(45,543)
|
(17,353,544)
|
|
(301,357)
|
|
|
|
|
|
| Realized gain (loss) on securities |
|
|
|
|
0
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on securities |
|
|
|
|
0
|
|
|
|
|
|
|
|
| Realized gain (loss) on foreign currency |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on bitcoin |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Interest income |
|
2,627,693
|
|
1,282,389
|
3,961,684
|
|
2,576,812
|
|
|
|
|
|
| Total income (loss) |
|
(20,510,639)
|
|
(4,843,291)
|
5,492,112
|
|
(7,264,932)
|
|
|
|
|
|
| Management fees |
|
743,955
|
|
298,015
|
1,115,154
|
|
598,639
|
|
|
|
|
|
| Professional fees |
|
234,837
|
|
156,085
|
479,405
|
|
292,184
|
|
|
|
|
|
| Amount Recognized for Distribution Services |
|
667,376
|
|
481,728
|
1,129,168
|
|
918,507
|
|
|
|
|
|
| Amount Recognized for Custody Services |
|
57,094
|
|
49,700
|
116,486
|
|
102,011
|
|
|
|
|
|
| Amount Recognized for Wilmington Trust |
|
21,491
|
|
8,941
|
40,051
|
|
50,767
|
|
|
|
|
|
| General and administrative expenses |
|
33,948
|
|
34,781
|
71,068
|
|
82,881
|
|
|
|
|
|
| Other expenses |
|
0
|
|
2,980
|
0
|
|
5,986
|
|
|
|
|
|
| Total expenses |
|
1,758,701
|
|
1,032,230
|
2,951,332
|
|
2,050,975
|
|
|
|
|
|
| Expenses waived by the Sponsor |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Total expenses, net |
|
1,758,701
|
|
1,032,230
|
2,951,332
|
|
2,050,975
|
|
|
|
|
|
| Net income (loss) before taxes |
|
(22,269,340)
|
|
|
2,540,780
|
|
|
|
|
|
|
|
| Current Tax Expense |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Net income (loss) after taxes |
|
(22,269,340)
|
|
(5,875,521)
|
2,540,780
|
|
(9,315,907)
|
|
|
|
|
|
| Realized gain (loss) on commodity futures contracts |
|
14,624,504
|
|
(6,080,137)
|
18,883,972
|
|
(9,540,387)
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on commodity futures contracts |
|
(37,762,836)
|
|
(45,543)
|
(17,353,544)
|
|
(301,357)
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on securities |
|
|
|
|
0
|
|
|
|
|
|
|
|
| Realized gain (loss) on foreign currency |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on bitcoin |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Teucrium Agricultural Fund [Member] | Operating Segments [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Cash and cash equivalents |
|
28,573
|
|
|
28,573
|
|
|
|
13,162
|
|
|
|
| Interest receivable |
|
80
|
|
|
80
|
|
|
|
56
|
|
|
|
| Commodity futures contracts |
|
0
|
|
|
0
|
|
|
|
0
|
|
|
|
| Due from broker |
|
0
|
|
|
0
|
|
|
|
0
|
|
|
|
| Investments in bitcoin, at fair value |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Investments in securities, at fair value (cost $18,935,459 as of June 30, 2026) |
|
18,201,506
|
|
|
18,201,506
|
|
|
|
6,298,329
|
|
|
|
| Total equity in trading accounts |
|
18,201,506
|
|
|
18,201,506
|
|
|
|
6,298,329
|
|
|
|
| Total assets |
|
18,230,159
|
|
|
18,230,159
|
|
|
|
6,311,547
|
|
|
|
| Management fee payable to Sponsor |
|
0
|
|
|
0
|
|
|
|
0
|
|
|
|
| Current taxes payable |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Other liabilities |
|
(11,111)
|
|
|
(11,111)
|
|
|
|
(3,576)
|
|
|
|
| Payable for Shares redeemed |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Commodity and Cryptocurrency Futures Contracts |
|
0
|
|
|
0
|
|
|
|
0
|
|
|
|
| Total equity in trading accounts |
|
0
|
|
|
0
|
|
|
|
0
|
|
|
|
| Total liabilities |
|
11,111
|
|
|
11,111
|
|
|
|
3,576
|
|
|
|
| Net Assets |
|
18,219,048
|
|
|
18,219,048
|
|
|
|
6,307,971
|
|
|
|
| Payable for Shares redeemed |
|
|
|
|
|
|
|
|
0
|
|
|
|
| Realized Gain on Commodity Futures Contracts |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Net Change in Unrealized Depreciation on Commodity Futures Contracts |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Realized gain (loss) on securities |
|
(1,674,594)
|
|
(261,858)
|
(1,801,668)
|
|
(374,921)
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on securities |
|
71,354
|
|
(164,615)
|
1,124,406
|
|
18,481
|
|
|
|
|
|
| Realized gain (loss) on foreign currency |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on bitcoin |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Interest income |
|
930
|
|
134
|
2,382
|
|
241
|
|
|
|
|
|
| Total income (loss) |
|
(1,602,310)
|
|
(426,339)
|
(674,880)
|
|
(356,199)
|
|
|
|
|
|
| Management fees |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Professional fees |
|
12,996
|
|
15,747
|
25,312
|
|
27,216
|
|
|
|
|
|
| Amount Recognized for Distribution Services |
|
41,965
|
|
36,760
|
68,557
|
|
64,429
|
|
|
|
|
|
| Amount Recognized for Custody Services |
|
4,120
|
|
2,123
|
10,475
|
|
4,583
|
|
|
|
|
|
| Amount Recognized for Wilmington Trust |
|
1,781
|
|
3,744
|
11,394
|
|
13,569
|
|
|
|
|
|
| General and administrative expenses |
|
3,060
|
|
3,785
|
4,618
|
|
5,777
|
|
|
|
|
|
| Other expenses |
|
1
|
|
6
|
8
|
|
7
|
|
|
|
|
|
| Total expenses |
|
63,923
|
|
62,165
|
120,364
|
|
115,581
|
|
|
|
|
|
| Expenses waived by the Sponsor |
|
(58,560)
|
|
(59,263)
|
(112,830)
|
|
(110,117)
|
|
|
|
|
|
| Total expenses, net |
|
5,363
|
|
2,902
|
7,534
|
|
5,464
|
|
|
|
|
|
| Net income (loss) before taxes |
|
(1,607,673)
|
|
|
(682,414)
|
|
|
|
|
|
|
|
| Current Tax Expense |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Net income (loss) after taxes |
|
(1,607,673)
|
|
(429,241)
|
(682,414)
|
|
(361,663)
|
|
|
|
|
|
| Realized gain (loss) on commodity futures contracts |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on commodity futures contracts |
|
0
|
|
0
|
0
|
|
0
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on securities |
|
71,354
|
|
(164,615)
|
1,124,406
|
|
18,481
|
|
|
|
|
|
| Realized gain (loss) on foreign currency |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on bitcoin |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| 7RCC Spot Bitcoin and Carbon Credit Futures ETF [Member] | Operating Segments [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Cash and cash equivalents |
|
267,927
|
|
|
267,927
|
|
|
|
100
|
|
|
|
| Interest receivable |
|
625
|
|
|
625
|
|
|
|
0
|
|
|
|
| Commodity futures contracts |
|
11,033
|
|
|
11,033
|
|
|
|
0
|
|
|
|
| Due from broker |
|
20,888
|
|
|
20,888
|
|
|
|
0
|
|
|
|
| Investments in bitcoin, at fair value |
|
1,071,328
|
|
|
1,071,328
|
|
|
|
|
|
|
|
| Investments in securities, at fair value (cost $18,935,459 as of June 30, 2026) |
|
|
|
|
|
|
|
|
0
|
|
|
|
| Total equity in trading accounts |
|
1,103,249
|
|
|
1,103,249
|
|
|
|
0
|
|
|
|
| Total assets |
|
1,371,801
|
|
|
1,371,801
|
|
|
|
100
|
|
|
|
| Management fee payable to Sponsor |
|
(614)
|
|
|
(614)
|
|
|
|
0
|
|
|
|
| Current taxes payable |
|
2,578
|
|
|
2,578
|
|
|
|
|
|
|
|
| Other liabilities |
|
0
|
|
|
0
|
|
|
|
0
|
|
|
|
| Payable for Shares redeemed |
|
0
|
|
|
0
|
|
|
|
|
|
|
|
| Commodity and Cryptocurrency Futures Contracts |
|
0
|
|
|
0
|
|
|
|
0
|
|
|
|
| Total equity in trading accounts |
|
0
|
|
|
0
|
|
|
|
0
|
|
|
|
| Total liabilities |
|
3,192
|
|
|
3,192
|
|
|
|
0
|
|
|
|
| Net Assets |
|
1,368,609
|
|
|
1,368,609
|
|
|
|
$ 100
|
|
|
|
| Realized Gain on Commodity Futures Contracts |
|
(1,498)
|
|
0
|
|
|
|
|
|
|
|
|
| Net Change in Unrealized Depreciation on Commodity Futures Contracts |
|
11,033
|
|
0
|
|
|
|
|
|
|
|
|
| Realized gain (loss) on securities |
|
|
|
|
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on securities |
|
|
|
|
|
|
|
|
|
|
|
|
| Realized gain (loss) on foreign currency |
|
(185)
|
|
|
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on bitcoin |
|
(39,394)
|
|
|
|
|
|
|
|
|
|
|
| Interest income |
|
615
|
|
0
|
|
|
|
|
|
|
|
|
| Total income (loss) |
|
(29,429)
|
|
0
|
|
|
|
|
|
|
|
|
| Management fees |
|
614
|
|
0
|
|
|
|
|
|
|
|
|
| Professional fees |
|
0
|
|
0
|
|
|
|
|
|
|
|
|
| Amount Recognized for Distribution Services |
|
0
|
|
0
|
|
|
|
|
|
|
|
|
| Amount Recognized for Custody Services |
|
50
|
|
0
|
|
|
|
|
|
|
|
|
| Amount Recognized for Wilmington Trust |
|
0
|
|
0
|
|
|
|
|
|
|
|
|
| General and administrative expenses |
|
0
|
|
0
|
|
|
|
|
|
|
|
|
| Other expenses |
|
0
|
|
0
|
|
|
|
|
|
|
|
|
| Total expenses |
|
664
|
|
0
|
|
|
|
|
|
|
|
|
| Expenses waived by the Sponsor |
|
0
|
|
0
|
|
|
|
|
|
|
|
|
| Total expenses, net |
|
664
|
|
0
|
|
|
|
|
|
|
|
|
| Net income (loss) before taxes |
|
(30,093)
|
|
|
|
|
|
|
|
|
|
|
| Current Tax Expense |
|
2,578
|
|
|
|
|
|
|
|
|
|
|
| Net income (loss) after taxes |
|
(32,671)
|
|
0
|
|
|
|
|
|
|
|
|
| Realized gain (loss) on commodity futures contracts |
|
(1,498)
|
|
0
|
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on commodity futures contracts |
|
11,033
|
|
0
|
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on securities |
|
|
|
|
|
|
|
|
|
|
|
|
| Realized gain (loss) on foreign currency |
|
(185)
|
|
|
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on bitcoin |
|
$ (39,394)
|
|
|
|
|
|
|
|
|
|
|
| Hashdex Bitcoin Futures ETF [Member] | Operating Segments [Member] |
|
|
|
|
|
|
|
|
|
|
|
|
| Realized Gain on Commodity Futures Contracts |
|
|
|
|
(1,498)
|
|
0
|
|
|
|
|
|
| Net Change in Unrealized Depreciation on Commodity Futures Contracts |
|
|
|
|
11,033
|
|
0
|
|
|
|
|
|
| Realized gain (loss) on securities |
|
|
|
|
0
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on securities |
|
|
|
|
0
|
|
|
|
|
|
|
|
| Realized gain (loss) on foreign currency |
|
|
|
|
(185)
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on bitcoin |
|
|
|
|
(39,394)
|
|
|
|
|
|
|
|
| Interest income |
|
|
|
|
615
|
|
0
|
|
|
|
|
|
| Total income (loss) |
|
|
|
|
(29,429)
|
|
0
|
|
|
|
|
|
| Management fees |
|
|
|
|
614
|
|
0
|
|
|
|
|
|
| Professional fees |
|
|
|
|
0
|
|
0
|
|
|
|
|
|
| Amount Recognized for Distribution Services |
|
|
|
|
0
|
|
0
|
|
|
|
|
|
| Amount Recognized for Custody Services |
|
|
|
|
50
|
|
0
|
|
|
|
|
|
| Amount Recognized for Wilmington Trust |
|
|
|
|
0
|
|
0
|
|
|
|
|
|
| General and administrative expenses |
|
|
|
|
0
|
|
0
|
|
|
|
|
|
| Other expenses |
|
|
|
|
0
|
|
0
|
|
|
|
|
|
| Total expenses |
|
|
|
|
664
|
|
0
|
|
|
|
|
|
| Expenses waived by the Sponsor |
|
|
|
|
0
|
|
0
|
|
|
|
|
|
| Total expenses, net |
|
|
|
|
664
|
|
0
|
|
|
|
|
|
| Net income (loss) before taxes |
|
|
|
|
(30,093)
|
|
|
|
|
|
|
|
| Current Tax Expense |
|
|
|
|
2,578
|
|
|
|
|
|
|
|
| Net income (loss) after taxes |
|
|
|
|
(32,671)
|
|
0
|
|
|
|
|
|
| Realized gain (loss) on commodity futures contracts |
|
|
|
|
(1,498)
|
|
0
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on commodity futures contracts |
|
|
|
|
11,033
|
|
0
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on securities |
|
|
|
|
0
|
|
|
|
|
|
|
|
| Realized gain (loss) on foreign currency |
|
|
|
|
(185)
|
|
|
|
|
|
|
|
| Net change in unrealized appreciation (depreciation) on bitcoin |
|
|
|
|
$ (39,394)
|
|
|
|
|
|
|
|
|
|