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Combined Statements of Changes in Net Assets - USD ($)
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
BREAKWAVE DRY BULK SHIPPING ETF    
Net Assets at Beginning of Year $ 61,193,899 $ 46,487,168
Increase (decrease) in Net Assets from share transactions    
Addition shares 38,500,878 112,635,604
Redemption shares (107,351,823) (61,398,051)
Net increase (decrease) in Net Assets from share transactions (68,850,945) 51,237,553
Increase (decrease) in Net Assets from operations    
Net investment income (loss) (601,921) (1,142,432)
Net realized gain (loss) 34,476,191 (30,983,820)
Change in net unrealized gain (loss) 12,895,930 (4,404,570)
Net increase (decrease) in Net Assets from operations 46,770,200 (36,530,822)
Net Assets at End of Year 39,113,154 61,193,899
BREAKWAVE TANKER SHIPPING ETF    
Net Assets at Beginning of Year 4,168,752
Increase (decrease) in Net Assets from share transactions    
Addition shares 13,460,368 3,001,500
Redemption shares (15,222,375)
Net increase (decrease) in Net Assets from share transactions (1,762,007) 3,001,500
Increase (decrease) in Net Assets from operations    
Net investment income (loss) (205,014) (33,551)
Net realized gain (loss) 827,253 375,516
Change in net unrealized gain (loss) (941,167) 825,287
Net increase (decrease) in Net Assets from operations (318,928) 1,167,252
Net Assets at End of Year 2,087,817 4,168,752
COMBINED    
Net Assets at Beginning of Year 65,362,651 46,487,168
Increase (decrease) in Net Assets from share transactions    
Addition shares 51,961,246 115,637,104
Redemption shares (122,574,198) (61,398,051)
Net increase (decrease) in Net Assets from share transactions (70,612,952) 54,239,053
Increase (decrease) in Net Assets from operations    
Net investment income (loss) (806,935) (1,175,983)
Net realized gain (loss) 35,303,444 (30,608,304)
Change in net unrealized gain (loss) 11,954,763 (3,579,283)
Net increase (decrease) in Net Assets from operations 46,451,272 (35,363,570)
Net Assets at End of Year $ 41,200,971 $ 65,362,651