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Statements of Operations (Unaudited) - Teucrium Agricultural Fund - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Realized and unrealized gain (loss) on trading of commodity futures contracts:        
Interest income $ 4,196,821 $ 1,779,555 [1] $ 8,527,835 $ 1,999,541 [1]
Total (loss) income (20,400,172) (83,967,875) [1] (48,483,562) (37,184,052) [1]
Expenses        
Professional fees 557,175 399,674 [1] 1,003,227 809,527 [1]
Distribution and marketing fees 976,404 1,127,864 [1] 1,904,116 1,887,941 [1]
Custodian fees and expenses 97,437 97,970 [1] 217,997 129,490 [1]
Business permits and licenses fees 36,511 43,549 [1] 71,128 97,375 [1]
General and administrative expenses 123,941 151,954 [1] 173,083 210,115 [1]
Other expenses 0 5 [1] 0 5 [1]
Total expenses 2,641,732 4,269,708 [1] 5,209,330 6,588,915 [1]
Expenses waived by the Sponsor (213,804) (707,463) [1] (409,868) (1,052,981) [1]
Total expenses, net 2,427,928 3,562,245 [1] 4,799,462 5,535,934 [1]
Net (loss) income (22,828,100) (87,530,120) [1] (53,283,024) (42,719,986) [1]
Teucrium Agricultural Fund [Member]        
Realized and unrealized gain (loss) on trading of commodity futures contracts:        
Realized gain (loss) on securities 216,493 (56,511) 156,399 662,112
Net change in unrealized (depreciation)/appreciation on securities (578,456) (3,725,560) (1,017,582) (1,966,175)
Interest income 160 32 272 50
Total (loss) income (361,803) (3,782,039) (860,911) (1,304,013)
Expenses        
Professional fees 76,537 12,642 152,049 29,893
Distribution and marketing fees 63,325 48,232 102,534 82,149
Custodian fees and expenses 8,329 4,676 15,399 4,869
Business permits and licenses fees 2,122 1,846 10,435 10,721
General and administrative expenses 9,438 5,378 12,876 7,961
Other expenses 0 5 0 5
Total expenses 159,751 72,779 293,293 135,598
Expenses waived by the Sponsor (152,755) (59,160) (278,249) (114,163)
Total expenses, net 6,996 13,619 15,044 21,435
Net (loss) income $ (368,799) $ (3,795,658) $ (875,955) $ (1,325,448)
Net (loss) gain per share (in dollars per share) $ (0.72) $ (1.36) $ (1.02) $ 4.08
Net (loss) gain per weighted average share (in dollars per share) $ (0.37) $ (3.08) $ (0.80) $ (1.46)
Weighted average shares outstanding (in shares) 1,006,870 1,230,634 1,091,508 909,394
[1] The Hashdex Bitcoin Futures ETF commenced operations on September 15, 2022.