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Statements of Cash Flows (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
-1x Short VIX Futures ETF        
CASH FLOW FROM OPERATING ACTIVITIES        
Net increase (decrease) in net assets resulting from operations $ 36,060,399 $ (242,779) $ 47,275,949 $ (4,121,170)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities        
Purchase of investments (117,945,818) (86,248,199) (227,091,533) (87,243,243)
Proceeds from sales or maturities of investments held 123,386,374 78,851,911 227,091,533 78,951,910
Decrease (Increase) in Deposits at broker for futures contracts 12,091,557 (20,559,259) (39,872,983)
Decrease (Increase) in Variation margin receivable (777,982) 835,808 (1,242,108)
Decrease (Increase) in interest receivable 19,618 (4,573,051) (294) (9,602)
Decrease (Increase) in other receivables 492 (37,960,927) 318
Decrease (Increase) in Prepaid expenses and other assets (13,235) 4,018,702 (24,085)
Decrease (Increase) in Due from Other 26 (9,596)  
Increase (Decrease) in Due to Custodian (3,086,000) 764 1,023,713
Increase (Decrease) in Due to Other  
Increase (Decrease) in Variation margin payable 4,105,647 (187,030) 583,031
Increase (Decrease) in Payable to Sponsor (6,936) 62,014 16,246 62,124
Increase (Decrease) in Administrative, accounting and custodian fees payable 6,731 21,906 (1,163) 22,421
Increase (Decrease) in Professional fees payable 13,987 15,000 43,758 15,210
Increase (Decrease) in Licensing and registration fees payable 8,348 34,725 14,166 35,642
Net cash provided by (used in) operating activities 49,757,561 (41,088,075) 26,360,211 (51,576,659)
CASH FLOW FROM FINANCING ACTIVITIES        
Proceeds from shares sold, net of cost from shares purchased 30,240,210 45,490,185 114,890,805 131,987,206
Cost of shares redeemed (79,997,771) (141,755,616) (76,871,017)
Net cash provided by (used in) financing activities (49,757,561) 45,490,185 (26,864,811) 55,116,189
NET INCREASE (DECREASE) IN CASH 4,402,110 (504,600) 3,539,530
Beginning of Period (862,580) 504,600
End of Period 3,539,530 3,539,530
2x Long VIX Futures ETF        
CASH FLOW FROM OPERATING ACTIVITIES        
Net increase (decrease) in net assets resulting from operations (147,606,672) (180,611) (197,444,087) 7,364,866
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities        
Purchase of investments (170,380,218) (60,472,471) (309,353,524) (60,968,753)
Proceeds from sales or maturities of investments held 176,796,775 43,818,993 308,086,262 43,818,993
Decrease (Increase) in Deposits at broker for futures contracts (9,303,378)   31,518,493 (40,554,763)
Decrease (Increase) in Variation margin receivable (256,944) 830,840 (1,433,096)
Decrease (Increase) in interest receivable 9,245 7,528,449 (14,869) (12,375)
Decrease (Increase) in other receivables 1,775 (39,378,470) 19
Decrease (Increase) in Prepaid expenses and other assets (10,933) (121,254) (10,101)
Decrease (Increase) in Due from Other (12,371)  
Increase (Decrease) in Due to Custodian 2,491,372 200 2,874,781
Increase (Decrease) in Due to Other (161,534)   1,016,260
Increase (Decrease) in Variation margin payable 2,165,122 3,406,049
Increase (Decrease) in Payable to Sponsor 4,019 70,197 (37,988) 70,335
Increase (Decrease) in Administrative, accounting and custodian fees payable 1,677 22,082 (1,860) 22,597
Increase (Decrease) in Professional fees payable 12,757 14,963 42,621 15,174
Increase (Decrease) in Licensing and registration fees payable 15,892 36,514 27,868 37,431
Net cash provided by (used in) operating activities (145,802,567) (49,092,257) (160,075,496) (50,623,331)
CASH FLOW FROM FINANCING ACTIVITIES        
Proceeds from shares sold, net of cost from shares purchased 192,593,274 49,351,251 278,976,878 102,394,101
Cost of shares redeemed (46,790,707) (118,901,382) (51,662,990)
Net cash provided by (used in) financing activities 145,802,567 49,351,251 160,075,496 50,731,111
NET INCREASE (DECREASE) IN CASH 258,994 107,781
Beginning of Period (151,213)
End of Period $ 107,781 $ 107,781