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Combined Statements of Changes in Net Assets - USD ($)
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operations      
Net loss [1] $ (47,859,482) $ (73,462,767) $ (78,172,611)
Capital transactions      
Distribution of Net Assets to Acquiring Fund (2,574,071) 0 0
Issuance of Shares 80,683,035 157,540,127 1,251,138,564
Redemption of Shares (125,883,714) (254,764,480) (945,423,586)
Net change in the cost of the Underlying Funds 5,734,236 19,858,936 (26,443,537)
Total capital transactions (42,040,514) (77,365,417) 279,271,441
Net change in net assets (89,899,996) (150,828,184) 201,098,830
Net assets, beginning of period 314,547,414 465,375,598 264,276,768
Net assets, end of period $ 224,647,418 $ 314,547,414 $ 465,375,598
[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.