XML 51 R21.htm IDEA: XBRL DOCUMENT v3.25.0.1
Statements of Cash Flows - Teucrium Wheat Fund - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net loss [1] $ (47,859,482) $ (73,462,767) $ (78,172,611)
Adjustments to reconcile net loss to net cash used in operating activities:      
Net change in unrealized (appreciation) depreciation on commodity and cryptocurrency futures contracts [1] 6,160,194 (12,703,858) 33,905,514
Changes in operating assets and liabilities:      
Due from broker 2,342,506 30,627,611 (60,950,291)
Interest receivable 192,048 (93,245) (300,369)
Other assets (1,119) 3,707 (8,069)
Due to broker 0 0 (888,877)
Management fee payable to Sponsor (87,568) (155,982) 205,103
Other liabilities (195,600) 164,102 (37,523)
Net cash used in operating activities (39,449,021) (55,620,432) (106,260,173)
Cash flows from financing activities:      
Proceeds from sale of Shares 80,683,035 158,884,957 1,249,793,734
Redemption of Shares (125,883,714) (264,948,395) (935,239,671)
Net cash (used in) provided by financing activities (41,847,988) (86,204,502) 288,110,526
Net change in cash and cash equivalents (81,297,009) (141,824,934) 181,850,353
Cash and cash equivalents, beginning of period 292,237,362 434,062,296 252,211,943
Cash and cash equivalents, end of period 210,940,353 292,237,362 434,062,296
Teucrium Wheat Fund [Member]      
Cash flows from operating activities:      
Net loss (30,079,927) (55,972,973) (108,450,550)
Adjustments to reconcile net loss to net cash used in operating activities:      
Net change in unrealized (appreciation) depreciation on commodity and cryptocurrency futures contracts 9,636,211 (20,881,933) 26,279,809
Changes in operating assets and liabilities:      
Due from broker (2,090,556) 30,826,302 (48,610,031)
Interest receivable 159,980 (134,208) (87,547)
Other assets 3,822 (1,059) (2,498)
Due to broker 0 0 (213,708)
Management fee payable to Sponsor (58,084) (50,564) 143,050
Other liabilities (55,029) 26,918 40,857
Net cash used in operating activities (22,483,583) (46,187,517) (130,900,618)
Cash flows from financing activities:      
Proceeds from sale of Shares 23,443,368 96,589,613 896,636,750
Redemption of Shares (55,395,903) (91,400,835) (628,846,923)
Net cash (used in) provided by financing activities (31,952,535) 5,188,778 267,789,827
Net change in cash and cash equivalents (54,436,118) (40,998,739) 136,889,209
Cash and cash equivalents, beginning of period 168,732,086 209,730,825 72,841,616
Cash and cash equivalents, end of period $ 114,295,968 $ 168,732,086 $ 209,730,825
[1] The Hashdex Bitcoin Futures ETF was transferred to the Tidal Commodities Trust I as described in Note 1 to these financials. The operations include the activity of the Hashdex Bitcoin Futures ETF from September 15, 2022, the date of inception, through January 3, 2024, the date of liquidation.