XML 54 R24.htm IDEA: XBRL DOCUMENT v3.25.0.1
Statements of Operations - Teucrium Agricultural Fund - USD ($)
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Realized and unrealized gain (loss) on trading of securities, commodity and cryptocurrency futures contracts:      
Realized (loss) gain on securities $ 0 $ 0 $ 0
Net change in unrealized depreciation appreciation on securities 0 0 0
Interest income [1] 12,977,276 17,736,627 10,664,323
Total loss (39,411,089) [1] (63,808,357) (66,417,861)
Expenses      
Professional fees [1] 1,402,207 1,919,411 1,432,587
Distribution and marketing fees [1] 3,950,590 4,007,582 4,075,048
Custodian fees and expenses [1] 391,341 428,243 410,660
Business permits and licenses fees [1] 139,505 141,582 157,326
General and administrative expenses [1] 326,509 281,413 323,468
Other expenses [1] 131 8 2,147
Total expenses [1] 8,746,449 10,365,981 13,031,787
Expenses waived by the Sponsor [1] (298,056) (711,571) (1,277,037)
Total expenses, net [1] 8,448,393 9,654,410 11,754,750
Net (loss) income [1] (47,859,482) (73,462,767) (78,172,611)
Teucrium Agricultural Fund [Member]      
Realized and unrealized gain (loss) on trading of securities, commodity and cryptocurrency futures contracts:      
Realized (loss) gain on securities (1,102,822) (96,992) 182,252
Net change in unrealized depreciation appreciation on securities (1,220,384) (1,214,870) (1,231,110)
Interest income 495 590 432
Total loss (2,322,711) (1,311,272) (1,048,426)
Expenses      
Professional fees 69,463 217,608 79,712
Distribution and marketing fees 139,704 190,696 187,385
Custodian fees and expenses 12,874 23,747 19,180
Business permits and licenses fees 13,617 14,109 13,601
General and administrative expenses 11,991 18,990 13,821
Other expenses 131 8 39
Total expenses 247,780 465,158 313,738
Expenses waived by the Sponsor (235,747) (440,191) (262,928)
Total expenses, net 12,033 24,967 50,810
Net (loss) income $ (2,334,744) $ (1,336,239) $ (1,099,236)
Net (decrease) increase in net asset value per share (in dollars per share) $ (4.35) $ (1.9) $ 4.34
Net (loss) gain per weighted average share (in dollars per share) $ (4.72) $ (1.49) $ (0.92)
Weighted average Shares outstanding (in shares) 494,947 897,742 1,189,659
[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.