Schedule of Investments (Unaudited) - Hashdex Bitcoin Futures ETF

6 Months Ended

Jun. 30, 2023

Notes to Financial Statements

Schedule of Investments [Text Block]

TEUCRIUM COMMODITY TRUST

COMBINED SCHEDULE OF INVESTMENTS

June 30, 2023

(Unaudited)

								Percentage of
Description: Assets	Yield			Cost		Fair Value		Net Assets			Shares
Cash equivalents
Money market funds
First American Government Obligations Fund - Class X		5.015	%	$	30,916,840	$	30,916,840		9.68	%		30,916,840
Goldman Sachs Financial Square Government Fund - Institutional Class		5.022	%		87,776,584		87,776,584		27.49			87,776,584
Total money market funds				$	118,693,424	$	118,693,424		37.17	%

	Maturity								Percentage of			Principal
	Date	Yield			Cost		Fair Value		Net Assets			Amount
Commercial Paper
American Electric Power Company, Inc.	August 17, 2023		5.285	%	$	5,962,734	$	5,962,734		1.87	%		6,000,000
BASF SE	September 20, 2023		5.352	%		4,940,210		4,940,938		1.55			5,000,000
Bayer Corporation	July 10, 2023		5.200	%		9,906,319		9,987,225		3.13			10,000,000
Brookfield Infrastructure Holdings (Canada) Inc.	August 2, 2023		5.639	%		4,962,298		4,975,378		1.56			5,000,000
Brookfield Infrastructure Holdings (Canada) Inc.	August 9, 2023		5.702	%		7,441,667		7,454,500		2.33			7,500,000
CNH Industrial Capital LLC	August 17, 2023		5.396	%		12,384,064		12,413,506		3.89			12,500,000
Enbridge (U.S.) Inc.	July 10, 2023		5.317	%		9,934,624		9,986,924		3.13			10,000,000
Enbridge (U.S.) Inc.	July 10, 2023		5.317	%		4,966,586		4,993,462		1.56			5,000,000
General Motors Financial Company, Inc.	July 5, 2023		5.296	%		5,937,600		5,996,534		1.88			6,000,000
General Motors Financial Company, Inc.	July 20, 2023		5.368	%		4,948,032		4,986,094		1.56			5,000,000
General Motors Financial Company, Inc.	August 9, 2023		5.397	%		4,970,500		4,971,238		1.56			5,000,000
Glencore Funding LLC	July 13, 2023		5.341	%		19,827,981		19,965,013		6.25			20,000,000
Harley-Davidson Financial Services, Inc.	July 14, 2023		5.602	%		4,954,166		4,990,070		1.56			5,000,000
Harley-Davidson Financial Services, Inc.	August 1, 2023		5.728	%		7,400,658		7,463,769		2.34			7,500,000
Harley-Davidson Financial Services, Inc.	August 18, 2023		5.557	%		2,480,283		2,481,800		0.78			2,500,000
Jabil Inc.	July 14, 2023		5.587	%		1,245,417		1,247,517		0.39			1,250,000
Jabil Inc.	July 28, 2023		5.651	%		4,977,606		4,979,150		1.56			5,000,000
Walgreens Boots Alliance, Inc.	July 6, 2023		5.674	%		4,972,876		4,996,125		1.56			5,000,000
Walgreens Boots Alliance, Inc.	July 13, 2023		5.707	%		4,951,778		4,990,666		1.56			5,000,000
Walgreens Boots Alliance, Inc.	July 14, 2023		5.737	%		7,429,626		7,484,752		2.34			7,500,000
WGL Holdings, Inc.	July 11, 2023		5.584	%		9,972,500		9,984,723		3.13			10,000,000
Total Commercial Paper					$	144,567,525	$	145,252,118		45.49	%
Total Cash Equivalents							$	263,945,542		82.66	%

	Number of				Percentage of			Notional Amount
	Contracts		Fair Value		Net Assets			(Long Exposure)
Commodity and Cryptocurrency futures contracts
United States soybean futures contracts
CBOT soybean futures NOV23		197	$	51,011		0.02	%	$	13,231,013
CBOT soybean futures JAN24		167		767,339		0.24			11,245,363
United States sugar futures contracts
ICE sugar futures MAR24		317		772,957		0.24			8,126,865
ICE sugar futures MAY24		287		148,913		0.05			6,955,962
United States CME Bitcoin futures contracts
CME Bitcoin futures JUL23		6		124,509		0.04			920,400
CME Bitcoin futures AUG23		7		2,163		0.00			1,083,425
Total commodity and cryptocurrency futures contracts			$	1,866,892		0.59	%	$	41,563,028

	Number of				Percentage of			Notional Amount
Description: Liabilities	Contracts		Fair Value		Net Assets			(Long Exposure)
Commodity and Cryptocurrency futures contracts
United States corn futures contracts
CBOT corn futures SEP23		1,302	$	4,516,994		1.41	%	$	31,801,350
CBOT corn futures DEC23		1,104		7,636,709		2.39			27,310,200
CBOT corn futures DEC24		1,356		1,273,890		0.40			33,679,650
United States soybean futures contracts
CBOT soybean futures NOV24		206		685,954		0.21			12,429,525
United States sugar futures contracts
ICE sugar futures MAR25		348		97,357		0.03			8,110,906
United States wheat futures contracts
CBOT wheat futures SEP23		1,760		3,721,805		1.04			57,288,000
CBOT wheat futures DEC23		1,471		19,533,670		5.47			49,223,338
CBOT wheat futures DEC24		1,622		96,354		0.03			57,966,225
Total commodity and cryptocurrency futures contracts			$	37,562,733		10.98	%	$	277,809,194

					Percentage of
Exchange-traded funds*	Cost		Fair Value		Net Assets			Shares
Teucrium Corn Fund			$	5,612,366		1.76	%		252,559
Teucrium Soybean Fund				6,305,393		1.98			230,720
Teucrium Sugar Fund				6,112,821		1.91			481,279
Teucrium Wheat Fund				5,838,773		1.83			903,597
Total exchange-traded funds	$	24,739,524	$	23,869,353		7.48	%

*The Trust eliminates the shares owned by the Teucrium Agricultural Fund from its combined statements of assets and liabilities due to the fact that these represent holdings of the other four Funds (“Underlying Funds”) owned by the Teucrium Agricultural Fund, which are included as shares outstanding of the Underlying Funds.

The accompanying notes are an integral part of these financial statements.

TEUCRIUM COMMODITY TRUST

COMBINED SCHEDULE OF INVESTMENTS

December 31, 2022

								Percentage of
Description: Assets	Yield			Cost		Fair Value		Net Assets			Shares
Cash equivalents
Money market funds
First American Government Obligations Fund - Class X		4.105	%	$	28,382,122	$	28,382,122		6.10	%		28,382,122
Goldman Sachs Financial Square Government Fund - Institutional Class		4.140	%		160,258,295		160,258,295		34.44			160,258,295
Total money market funds				$	188,640,417	$	188,640,417		40.54	%

	Maturity								Percentage of			Principal
	Date	Yield			Cost		Fair Value		Net Assets			Amount
Commercial Paper
American Electric Power Company, Inc.	January 17, 2023		4.565	%	$	4,968,750	$	4,990,000		1.07	%		5,000,000
Brookfield Infrastructure Holdings (Canada) Inc.	January 17, 2023		4.742	%		14,877,488		14,968,886		3.22			15,000,000
Brookfield Infrastructure Holdings (Canada) Inc.	January 17, 2023		4.734	%		4,959,225		4,989,644		1.07			5,000,000
CNH Industrial Capital LLC	January 23, 2023		4.566	%		9,935,000		9,972,500		2.14			10,000,000
CNH Industrial Capital LLC	February 13, 2023		4.780	%		9,899,472		9,943,862		2.14			10,000,000
Crown Castle Inc.	January 10, 2023		4.877	%		7,443,000		7,491,000		1.61			7,500,000
Crown Castle Inc.	January 12, 2023		4.765	%		12,449,410		12,482,050		2.68			12,500,000
Entergy Corporation	January 4, 2023		4.311	%		9,926,808		9,996,460		2.15			10,000,000
General Motors Financial Company, Inc.	January 10, 2023		4.276	%		12,400,060		12,486,207		2.68			12,500,000
General Motors Financial Company, Inc.	January 18, 2023		4.473	%		7,418,417		7,484,417		1.61			7,500,000
Glencore Funding LLC	January 10, 2023		4.506	%		9,934,607		9,988,895		2.15			10,000,000
Glencore Funding LLC	January 13, 2023		4.526	%		5,461,843		5,491,823		1.18			5,500,000
Harley-Davidson Financial Services, Inc.	January 3, 2023		4.721	%		5,263,032		5,298,631		1.14			5,300,000
Harley-Davidson Financial Services, Inc.	January 25, 2023		4.944	%		7,458,402		7,475,650		1.61			7,500,000
Harley-Davidson Financial Services, Inc.	February 2, 2023		5.104	%		4,959,561		4,977,688		1.07			5,000,000
Humana Inc.	January 9, 2023		4.670	%		7,448,250		7,492,333		1.61			7,500,000
Hyundai Capital America	January 10, 2023		4.000	%		9,903,645		9,990,145		2.15			10,000,000
ITT Inc.	January 19, 2023		4.475	%		4,965,088		4,988,975		1.07			5,000,000
Jabil Inc.	January 13, 2023		5.073	%		4,980,555		4,991,667		1.07			5,000,000
Oracle Corporation	January 5, 2023		4.358	%		4,973,125		4,997,611		1.07			5,000,000
Oracle Corporation	January 17, 2023		4.361	%		9,931,919		9,980,889		2.14			10,000,000
V.F. Corporation	January 17, 2023		4.364	%		4,959,390		4,990,444		1.07			5,000,000
V.F. Corporation	February 2, 2023		4.669	%		6,456,811		6,473,422		1.39			6,500,000
VW Credit, Inc.	January 19, 2023		4.434	%		7,448,106		7,483,613		1.61			7,500,000
Walgreens Boots Alliance, Inc.	February 13, 2023		4.842	%		4,970,188		4,971,512		1.07			5,000,000
Walgreens Boots Alliance, Inc.	February 28, 2023		4.827	%		4,959,098		4,961,736		1.07			5,000,000
Total Commercial Paper					$	198,351,250	$	199,360,060		42.84	%
Total Cash Equivalents							$	388,000,477		83.37	%

	Number of				Percentage of			Notional Amount
	Contracts		Fair Value		Net Assets			(Long Exposure)
Commodity and Cryptocurrency futures contracts
United States corn futures contracts
CBOT corn futures JUL23		1,363	$	1,585,798		0.34	%	$	45,779,763
United States soybean futures contracts
CBOT soybean futures MAR23		268		642,912		0.14			20,421,600
CBOT soybean futures MAY23		229		807,218		0.17			17,518,500
CBOT soybean futures NOV23		289		1,070,240		0.23			20,472,038
United States sugar futures contracts
ICE sugar futures MAY23		401		356,963		0.08			8,407,526
ICE sugar futures JUL23		362		554,366		0.12			7,289,811
United States wheat futures contracts
CBOT wheat futures JUL23		1,711		3,160,732		0.68			68,696,650
United States CME Bitcoin futures contracts
CME Bitcoin futures JAN23		6		24,979		0.01			496,050
CME Bitcoin futures FEB23		7		4,173		0.00			575,575
Total commodity and cryptocurrency futures contracts			$	8,207,381		1.77	%	$	189,657,513

	Number of				Percentage of			Notional Amount
Description: Liabilities	Contracts		Fair Value		Net Assets			(Long Exposure)
Commodity and Cryptocurrency futures contracts
United States corn futures contracts
CBOT corn futures MAY23		1,575	$	751,309		0.16	%	$	53,392,500
CBOT corn futures DEC23		1,750		2,215,794		0.48			53,440,625
United States sugar futures contracts
ICE sugar futures MAR24		427		85,128		0.02			8,565,278
United States wheat futures contracts
CBOT wheat futures MAY23		2,005		7,079,231		1.52			80,074,688
CBOT wheat futures DEC23		1,956		19,301,607		4.15			80,220,450
Total commodity and cryptocurrency futures contracts			$	29,433,069		6.33	%	$	275,693,541

					Percentage of
Exchange-traded funds*	Cost		Fair Value		Net Assets			Shares
Teucrium Corn Fund			$	9,885,980		2.12	%		367,555
Teucrium Soybean Fund				9,921,042		2.13			348,075
Teucrium Sugar Fund				9,745,653		2.09			1,024,284
Teucrium Wheat Fund				10,020,023		2.15			1,254,840
Total exchange-traded funds	$	39,425,287	$	39,572,698		8.49	%

*The Trust eliminates the shares owned by the Teucrium Agricultural Fund from its combined statements of assets and liabilities due to the fact that these represent holdings of the Underlying Funds owned by the Teucrium Agricultural Fund, which are included as shares outstanding of the Underlying Funds.

The accompanying notes are an integral part of these financial statements.

Hashdex Bitcoin Futures ETF [Member]

Notes to Financial Statements

Schedule of Investments [Text Block]

HASHDEX BITCOIN FUTURES ETF

SCHEDULE OF INVESTMENTS

June 30, 2023

(Unaudited)

								Percentage of
Description: Assets	Yield			Cost		Fair Value		Net Assets			Shares
Cash equivalents
Money market funds
First American Government Obligations Fund - Class X		5.015	%	$	1,414,157	$	1,414,157		72.93	%		1,414,157

	Number of				Percentage of			Notional Amount
	Contracts		Fair Value		Net Assets			(Long Exposure)
Cryptocurrency futures contracts
United States CME Bitcoin futures contracts
CME Bitcoin futures JUL23		6	$	124,509		6.42	%	$	920,400
CME Bitcoin futures AUG23		7		2,163		0.11			1,083,425
Total cryptocurrency futures contracts			$	126,672		6.53	%	$	2,003,825

The accompanying notes are an integral part of these financial statements.

HASHDEX BITCOIN FUTURES ETF

SCHEDULE OF INVESTMENTS

December 31, 2022

								Percentage of
Description: Assets	Yield			Cost		Fair Value		Net Assets			Shares
Cash equivalents
Money market funds
First American Government Obligations Fund - Class X		4.105	%	$	701,969	$	701,969		65.59	%		701,969

	Number of				Percentage of			Notional Amount
	Contracts		Fair Value		Net Assets			(Long Exposure)
Cryptocurrency futures contracts
United States CME Bitcoin futures contracts
CME Bitcoin futures JAN23		6	$	24,979		2.33	%	$	496,050
CME Bitcoin futures FEB23		7		4,173		0.39			575,575
Total cryptocurrency futures contracts			$	29,152		2.72	%	$	1,071,625