ETF Managers Group Commodity Tr (BWET) 10-Q14 Nov 242025 Q1 Quarterly reportFinancial data

Company Profile

Cover

Cover - shares	3 Months Ended
Cover - shares	Sep. 30, 2024	Nov. 01, 2024
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Entity Interactive Data Current	Yes
Amendment Flag	false
Document Period End Date	Sep. 30, 2024
Document Fiscal Year Focus	2025
Document Fiscal Period Focus	Q1
Entity Information [Line Items]
Entity Registrant Name	Amplify Commodity Trust
Entity Central Index Key	0001610940
Entity File Number	001-36851
Entity Tax Identification Number	36-4793446
Entity Incorporation, State or Country Code	DE
Current Fiscal Year End Date	--06-30
Entity Current Reporting Status	Yes
Entity Shell Company	false
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Contact Personnel [Line Items]
Entity Address, Address Line One	3333 Warrenville Road
Entity Address, Address Line Two	Suite 350
Entity Address, City or Town	Lisle
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	60532
Entity Phone Fax Numbers [Line Items]
City Area Code	855
Local Phone Number	267-3837
Shares of Breakwave Dry Bulk Shipping ETF
Entity Listings [Line Items]
Title of 12(b) Security	Shares of Breakwave Dry Bulk Shipping ETF
Trading Symbol	BDRY
Security Exchange Name	NYSE
Shares of Breakwave Tanker Shipping ETF
Entity Listings [Line Items]
Title of 12(b) Security	Shares of Breakwave Tanker Shipping ETF
Trading Symbol	BWET
Security Exchange Name	NYSE
BDRY
Entity Listings [Line Items]
Entity Common Stock, Shares Outstanding		2,525,040
BWET
Entity Listings [Line Items]
Entity Common Stock, Shares Outstanding		150,100

Combined Statements of Assets a

Combined Statements of Assets and Liabilities - USD ($)	Sep. 30, 2024		Jun. 30, 2024
Assets
Investment in securities, at fair value	$ 4,465,013		$ 9,378,115
Segregated cash held by broker	23,545,374	[1]	32,983,489
Due from Sponsor	19,235		22,674
Interest receivable	88,189		124,030
Total assets	28,117,811		42,508,308
Liabilities
Due to Sponsor	2,029		36,204
Payable on open futures contracts	21,605		904,555
Unrealized depreciation on futures contracts	234,978
Other accrued expenses	513,624		366,578
Total liabilities	772,236		1,307,337
Net Assets	27,345,575		41,200,971
Paid-in Capital	(10,357,740)		(1,057,240)
Total Distributable Earnings (Accumulated Deficit)	37,703,315		42,258,211
Net Assets	27,345,575		41,200,971
BREAKWAVE DRY BULK SHIPPING ETF
Assets
Investment in securities, at fair value	2,699,007		8,348,195
Segregated cash held by broker	22,095,032	[1]	31,739,612
Due from Sponsor
Interest receivable	78,098		119,526
Total assets	24,872,137		40,207,333
Liabilities
Due to Sponsor	2,029		36,204
Payable on open futures contracts	21,605		788,675
Unrealized depreciation on futures contracts	84,620
Other accrued expenses	389,030		269,300
Total liabilities	497,284		1,094,179
Net Assets	24,374,853		39,113,154
Paid-in Capital	(12,815,801)		(2,296,733)
Total Distributable Earnings (Accumulated Deficit)	37,190,654		41,409,887
Net Assets	$ 24,374,853		$ 39,113,154
Net Assets Consist Of:
Shares outstanding (unlimited authorized) (in Shares)	2,275,040		3,225,040
Net asset value per share (in Dollars per share)	$ 10.71		$ 12.13
Market value per share (in Dollars per share)	$ 10.74		$ 12.24
BREAKWAVE TANKER SHIPPING ETF
Assets
Investment in securities, at fair value	$ 1,766,006		$ 1,029,920
Segregated cash held by broker	1,450,342	[1]	1,243,877
Due from Sponsor	19,235		22,674
Interest receivable	10,091		4,504
Total assets	3,245,674		2,300,975
Liabilities
Due to Sponsor
Payable on open futures contracts			115,880
Unrealized depreciation on futures contracts	150,358
Other accrued expenses	124,594		97,278
Total liabilities	274,952		213,158
Net Assets	2,970,722		2,087,817
Paid-in Capital	2,458,061		1,239,493
Total Distributable Earnings (Accumulated Deficit)	512,661		848,324
Net Assets	$ 2,970,722		$ 2,087,817
Net Assets Consist Of:
Shares outstanding (unlimited authorized) (in Shares)	200,100		125,100
Net asset value per share (in Dollars per share)	$ 14.85		$ 16.69
Market value per share (in Dollars per share)	$ 14.76		$ 16.79

[1]Required margin held as collateral for open futures contracts

Combined Statements of Assets_2

Combined Statements of Assets and Liabilities (Parentheticals) - USD ($)	3 Months Ended	12 Months Ended
	Sep. 30, 2024	Jun. 30, 2024
Required margin held as collateral for open futures contracts	$ 6,331,099
Unlimited authorized	Unlimited	Unlimited
BREAKWAVE DRY BULK SHIPPING ETF
Securities, at fair value	$ 2,699,007	$ 8,348,195
Required margin held as collateral for open futures contracts	$ 5,800,659
Unlimited authorized	Unlimited	Unlimited
BREAKWAVE TANKER SHIPPING ETF
Securities, at fair value	$ 1,766,006	$ 1,029,920
Required margin held as collateral for open futures contracts	$ 530,440
Unlimited authorized	Unlimited	Unlimited

Combined Schedules of Investmen

Combined Schedules of Investments (Unaudited) - USD ($)	Sep. 30, 2024		Jun. 30, 2024
MONEY MARKET FUNDS - 11.1% and 59.4%, respectively
TOTAL NET ASSETS	$ 27,345,575		$ 41,200,971
Investments [Member]
MONEY MARKET FUNDS - 11.1% and 59.4%, respectively
Total Investments	4,465,013		9,378,115
Other Assets in Excess of Liabilities [Member]
MONEY MARKET FUNDS - 11.1% and 59.4%, respectively
Other Assets in Excess of Liabilities	22,880,562	[1]	31,822,856	[2]
Money Market Funds [Member]
MONEY MARKET FUNDS - 11.1% and 59.4%, respectively
MONEY MARKET FUNDS	4,465,013		9,378,115
BREAKWAVE DRY BULK SHIPPING ETF
MONEY MARKET FUNDS - 11.1% and 59.4%, respectively
TOTAL NET ASSETS	24,374,853		39,113,154
BREAKWAVE DRY BULK SHIPPING ETF \| Investments [Member]
MONEY MARKET FUNDS - 11.1% and 59.4%, respectively
Total Investments	2,699,007		8,348,195
BREAKWAVE DRY BULK SHIPPING ETF \| Other Assets in Excess of Liabilities [Member]
MONEY MARKET FUNDS - 11.1% and 59.4%, respectively
Other Assets in Excess of Liabilities	21,675,846	[1]	30,764,959	[2]
BREAKWAVE DRY BULK SHIPPING ETF \| Money Market Funds [Member]
MONEY MARKET FUNDS - 11.1% and 59.4%, respectively
MONEY MARKET FUNDS	2,699,007		8,348,195
BREAKWAVE TANKER SHIPPING ETF
MONEY MARKET FUNDS - 11.1% and 59.4%, respectively
TOTAL NET ASSETS	2,970,722		2,087,817
BREAKWAVE TANKER SHIPPING ETF \| Investments [Member]
MONEY MARKET FUNDS - 11.1% and 59.4%, respectively
Total Investments	1,766,006		1,029,920
BREAKWAVE TANKER SHIPPING ETF \| Other Assets in Excess of Liabilities [Member]
MONEY MARKET FUNDS - 11.1% and 59.4%, respectively
Other Assets in Excess of Liabilities	1,204,716	[1]	1,057,897	[2]
BREAKWAVE TANKER SHIPPING ETF \| Money Market Funds [Member]
MONEY MARKET FUNDS - 11.1% and 59.4%, respectively
MONEY MARKET FUNDS	1,766,006		1,029,920
Invesco Government & Agency Portfolio - Institutional Class [Member] \| Money Market Funds [Member]
MONEY MARKET FUNDS - 11.1% and 59.4%, respectively
MONEY MARKET FUNDS	4,465,013	[3]	9,378,115	[4]
Invesco Government & Agency Portfolio - Institutional Class [Member] \| BREAKWAVE DRY BULK SHIPPING ETF \| Money Market Funds [Member]
MONEY MARKET FUNDS - 11.1% and 59.4%, respectively
MONEY MARKET FUNDS	2,699,007	[3]	8,348,195	[4]
Invesco Government & Agency Portfolio - Institutional Class [Member] \| BREAKWAVE TANKER SHIPPING ETF \| Money Market Funds [Member]
MONEY MARKET FUNDS - 11.1% and 59.4%, respectively
MONEY MARKET FUNDS	$ 1,766,006	[3]	$ 1,029,920	[4]

[1] $22,095,032 and $1,450,342, respectively, of cash is pledged as collateral for futures contracts. $31,739,612 and $1,243,877, respectively, of cash is pledged as collateral for futures contracts. Annualized seven-day yield as of September 30, 2024. Annualized seven-day yield as of June 30, 2024.

Combined Schedules of Investm_2

Combined Schedules of Investments (Unaudited) (Parentheticals) - USD ($)	Sep. 30, 2024		Jun. 30, 2024
BREAKWAVE DRY BULK SHIPPING ETF
Schedule of Investments [Line Items]
Investments Cost (in Dollars)	$ 2,699,007		$ 8,348,195
Net Assets Percentage	100%		100%
BREAKWAVE DRY BULK SHIPPING ETF \| Investments [Member]
Schedule of Investments [Line Items]
Investments Cost (in Dollars)	$ 2,699,007		$ 8,348,195
Investments Percentage	11.10%		21.30%
BREAKWAVE DRY BULK SHIPPING ETF \| Other Assets in Excess of Liabilities [Member]
Schedule of Investments [Line Items]
Other Assets in Excess of Liabilities Percentage	88.90%	[1]	78.70%	[2]
BREAKWAVE DRY BULK SHIPPING ETF \| Money Market Funds [Member]
Schedule of Investments [Line Items]
Money Market Funds, Cost (in Dollars)	$ 2,699,007		$ 8,348,195
BREAKWAVE TANKER SHIPPING ETF
Schedule of Investments [Line Items]
Investments Cost (in Dollars)	$ 1,766,006		$ 1,029,920
Net Assets Percentage	100%		100%
BREAKWAVE TANKER SHIPPING ETF \| Investments [Member]
Schedule of Investments [Line Items]
Investments Cost (in Dollars)	$ 1,766,006		$ 1,029,920
Investments Percentage	59.40%		49.30%
BREAKWAVE TANKER SHIPPING ETF \| Other Assets in Excess of Liabilities [Member]
Schedule of Investments [Line Items]
Other Assets in Excess of Liabilities Percentage	40.60%	[1]	50.70%	[2]
BREAKWAVE TANKER SHIPPING ETF \| Money Market Funds [Member]
Schedule of Investments [Line Items]
Money Market Funds, Cost (in Dollars)	$ 1,766,006		$ 1,029,920
Invesco Government & Agency Portfolio - Institutional Class [Member] \| BREAKWAVE DRY BULK SHIPPING ETF \| Money Market Funds [Member]
Schedule of Investments [Line Items]
Invesco Government & Agency Portfolio, Par Value Percentage	4.85%	[3]	5.24%	[4]
Invesco Government & Agency Portfolio, Shares (in Shares)	2,699,007	[3]	8,348,195	[4]
Invesco Government & Agency Portfolio, Percentage	11.10%		21.30%
Invesco Government & Agency Portfolio - Institutional Class [Member] \| BREAKWAVE TANKER SHIPPING ETF \| Money Market Funds [Member]
Schedule of Investments [Line Items]
Invesco Government & Agency Portfolio, Par Value Percentage	4.85%	[3]	5.24%	[4]
Invesco Government & Agency Portfolio, Shares (in Shares)	1,766,006	[3]	1,029,920	[4]
Invesco Government & Agency Portfolio, Percentage	59.40%		49.30%

[1] $22,095,032 and $1,450,342, respectively, of cash is pledged as collateral for futures contracts. $31,739,612 and $1,243,877, respectively, of cash is pledged as collateral for futures contracts. Annualized seven-day yield as of September 30, 2024. Annualized seven-day yield as of June 30, 2024.

Schedule of Futures Contracts

Schedule of Futures Contracts - Unrealized Appreciation/ (Depreciation) - Futures Contracts - USD ($)	Sep. 30, 2024	Jun. 30, 2024
Breakwave Dry Bulk Shipping ETF [Member]
Unrealized Appreciation/(Depreciation)	$ (106,225)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Capesize T/C Average Shipping Route Index Expiring October 31, 2024 [Member]
Unrealized Appreciation/(Depreciation)	562,980
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Capesize T/C Average Shipping Route Index Expiring November 30, 2024 [Member]
Unrealized Appreciation/(Depreciation)	142,560
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Capesize T/C Average Shipping Route Index Expiring December 31, 2024 [Member]
Unrealized Appreciation/(Depreciation)	(940)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Panamax T/C Average Shipping Route Index Expiring October 31, 2024 [Member]
Unrealized Appreciation/(Depreciation)	(379,250)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Panamax T/C Average Shipping Route Index Expiring November 30, 2024 [Member]
Unrealized Appreciation/(Depreciation)	(165,165)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Panamax T/C Average Shipping Route Index Expiring December 31, 2024 [Member]
Unrealized Appreciation/(Depreciation)	(209,815)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Supramax T/C Average Shipping Route Expiring October 31, 2024 [Member]
Unrealized Appreciation/(Depreciation)	(7,810)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Supramax T/C Average Shipping Route Expiring November 30, 2024 [Member]
Unrealized Appreciation/(Depreciation)	(12,815)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Supramax T/C Average Shipping Route Expiring December 31, 2024 [Member]
Unrealized Appreciation/(Depreciation)	(35,970)
Breakwave Tanker Shipping ETF [Member]
Unrealized Appreciation/(Depreciation)	(150,358)	$ (115,880)
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route Middle East Gulf to China Expiring October 31, 2024 [Member]
Unrealized Appreciation/(Depreciation)	(122,529)
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route Middle East Gulf to China Expiring November 30, 2024 [Member]
Unrealized Appreciation/(Depreciation)	(22,547)
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route Middle East Gulf to China Expiring December 31, 2024 [Member]
Unrealized Appreciation/(Depreciation)	19,852
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route West Africa to Continent Expiring October 31, 2024 [Member]
Unrealized Appreciation/(Depreciation)	(14,995)
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route West Africa to Continent Expiring November 30, 2024 [Member]
Unrealized Appreciation/(Depreciation)	(9,585)
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route West Africa to Continent Expiring December 31, 2024 [Member]
Unrealized Appreciation/(Depreciation)	(554)
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route Middle East Gulf to China Expiring July 31, 2024 [Member]
Unrealized Appreciation/(Depreciation)		(53,469)
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route Middle East Gulf to China Expiring August 31, 2024 [Member]
Unrealized Appreciation/(Depreciation)		(45,569)
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route Middle East Gulf to China Expiring September 30, 2024 [Member]
Unrealized Appreciation/(Depreciation)		(15,569)
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route West Africa to Continent Expiring July 31, 2024 [Member]
Unrealized Appreciation/(Depreciation)		(1,232)
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route West Africa to Continent Expiring August 31, 2024 [Member]
Unrealized Appreciation/(Depreciation)		(41)
Breakwave Dry Bulk Shipping ETF [Member]
AMPLIFY COMMODITY TRUST	(106,225)	(788,675)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Capesize T/C Average Shipping Route Index Expiring October 31, 2024 [Member]
AMPLIFY COMMODITY TRUST	562,980
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Capesize T/C Average Shipping Route Index Expiring November 30, 2024 [Member]
AMPLIFY COMMODITY TRUST	142,560
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Capesize T/C Average Shipping Route Index Expiring December 31, 2024 [Member]
AMPLIFY COMMODITY TRUST	(940)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Panamax T/C Average Shipping Route Index Expiring October 31, 2024 [Member]
AMPLIFY COMMODITY TRUST	(379,250)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Panamax T/C Average Shipping Route Index Expiring November 30, 2024 [Member]
AMPLIFY COMMODITY TRUST	(165,165)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Panamax T/C Average Shipping Route Index Expiring December 31, 2024 [Member]
AMPLIFY COMMODITY TRUST	(209,815)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Supramax T/C Average Shipping Route Expiring October 31, 2024 [Member]
AMPLIFY COMMODITY TRUST	(7,810)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Supramax T/C Average Shipping Route Expiring November 30, 2024 [Member]
AMPLIFY COMMODITY TRUST	(12,815)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Supramax T/C Average Shipping Route Expiring December 31, 2024 [Member]
AMPLIFY COMMODITY TRUST	(35,970)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Capesize T/C Average Shipping Route Index Expiring July 31, 2024 [Member]
AMPLIFY COMMODITY TRUST		328,945
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Capesize T/C Average Shipping Route Index Expiring August 31, 2024 [Member]
AMPLIFY COMMODITY TRUST		(229,410)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Capesize T/C Average Shipping Route Index Expiring September 30, 2024 [Member]
AMPLIFY COMMODITY TRUST		(94,660)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Panamax T/C Average Shipping Route Index Expiring July 31, 2024 [Member]
AMPLIFY COMMODITY TRUST		(454,310)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Panamax T/C Average Shipping Route Index Expiring August 31, 2024 [Member]
AMPLIFY COMMODITY TRUST		(244,935)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Panamax T/C Average Shipping Route Index Expiring September 30, 2024 [Member]
AMPLIFY COMMODITY TRUST		(15,125)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Supramax T/C Average Shipping Route Expiring July 31, 2024 [Member]
AMPLIFY COMMODITY TRUST		(33,195)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Supramax T/C Average Shipping Route Expiring August 31, 2024 [Member]
AMPLIFY COMMODITY TRUST		(25,715)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Supramax T/C Average Shipping Route Expiring September 30, 2024 [Member]
AMPLIFY COMMODITY TRUST		(20,270)
Breakwave Tanker Shipping ETF [Member]
AMPLIFY COMMODITY TRUST	(150,358)	(115,880)
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route Middle East Gulf to China Expiring October 31, 2024 [Member]
AMPLIFY COMMODITY TRUST	(122,529)
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route Middle East Gulf to China Expiring November 30, 2024 [Member]
AMPLIFY COMMODITY TRUST	(22,547)
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route Middle East Gulf to China Expiring December 31, 2024 [Member]
AMPLIFY COMMODITY TRUST	19,852
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route West Africa to Continent Expiring October 31, 2024 [Member]
AMPLIFY COMMODITY TRUST	(14,995)
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route West Africa to Continent Expiring November 30, 2024 [Member]
AMPLIFY COMMODITY TRUST	(9,585)
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route West Africa to Continent Expiring December 31, 2024 [Member]
AMPLIFY COMMODITY TRUST	$ (554)
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route Middle East Gulf to China Expiring July 31, 2024 [Member]
AMPLIFY COMMODITY TRUST		(53,469)
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route Middle East Gulf to China Expiring August 31, 2024 [Member]
AMPLIFY COMMODITY TRUST		(45,569)
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route Middle East Gulf to China Expiring September 30, 2024 [Member]
AMPLIFY COMMODITY TRUST		(15,569)
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route West Africa to Continent Expiring July 31, 2024 [Member]
AMPLIFY COMMODITY TRUST		(1,232)
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route West Africa to Continent Expiring August 31, 2024 [Member]
AMPLIFY COMMODITY TRUST		(41)
Breakwave Dry Bulk Shipping ETF [Member]
Unrealized Appreciation/(Depreciation)		(788,675)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Capesize T/C Average Shipping Route Index Expiring July 31, 2024 [Member]
Unrealized Appreciation/(Depreciation)		328,945
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Capesize T/C Average Shipping Route Index Expiring August 31, 2024 [Member]
Unrealized Appreciation/(Depreciation)		(229,410)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Capesize T/C Average Shipping Route Index Expiring September 30, 2024 [Member]
Unrealized Appreciation/(Depreciation)		(94,660)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Panamax T/C Average Shipping Route Index Expiring July 31, 2024 [Member]
Unrealized Appreciation/(Depreciation)		(454,310)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Panamax T/C Average Shipping Route Index Expiring August 31, 2024 [Member]
Unrealized Appreciation/(Depreciation)		(244,935)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Panamax T/C Average Shipping Route Index Expiring September 30, 2024 [Member]
Unrealized Appreciation/(Depreciation)		(15,125)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Supramax T/C Average Shipping Route Expiring July 31, 2024 [Member]
Unrealized Appreciation/(Depreciation)		(33,195)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Supramax T/C Average Shipping Route Expiring August 31, 2024 [Member]
Unrealized Appreciation/(Depreciation)		(25,715)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Supramax T/C Average Shipping Route Expiring September 30, 2024 [Member]
Unrealized Appreciation/(Depreciation)		$ (20,270)

Schedule of Futures Contracts (

Schedule of Futures Contracts (Parentheticals) - Unrealized Appreciation/ (Depreciation) - Futures Contracts	Sep. 30, 2024 USD ($)	Jun. 30, 2024 USD ($)
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Capesize T/C Average Shipping Route Index Expiring October 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 4,456,480
AMPLIFY COMMODITY TRUST, Market Value	$ 4,456,480
Unrealized Appreciation/(Depreciation), Expiring Date	Oct. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Oct. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts	140
AMPLIFY COMMODITY TRUST, Contracts	140
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Capesize T/C Average Shipping Route Index Expiring November 30, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 4,036,060
AMPLIFY COMMODITY TRUST, Market Value	$ 4,036,060
Unrealized Appreciation/(Depreciation), Expiring Date	Nov. 30, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Nov. 30, 2024
Unrealized Appreciation/(Depreciation), Contracts	140
AMPLIFY COMMODITY TRUST, Contracts	140
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Capesize T/C Average Shipping Route Index Expiring December 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 3,892,560
AMPLIFY COMMODITY TRUST, Market Value	$ 3,892,560
Unrealized Appreciation/(Depreciation), Expiring Date	Dec. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Dec. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts	140
AMPLIFY COMMODITY TRUST, Contracts	140
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Panamax T/C Average Shipping Route Index Expiring October 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 3,043,250
AMPLIFY COMMODITY TRUST, Market Value	$ 3,043,250
Unrealized Appreciation/(Depreciation), Expiring Date	Oct. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Oct. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts	235
AMPLIFY COMMODITY TRUST, Contracts	235
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Panamax T/C Average Shipping Route Index Expiring November 30, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 3,257,335
AMPLIFY COMMODITY TRUST, Market Value	$ 3,257,335
Unrealized Appreciation/(Depreciation), Expiring Date	Nov. 30, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Nov. 30, 2024
Unrealized Appreciation/(Depreciation), Contracts	235
AMPLIFY COMMODITY TRUST, Contracts	235
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Panamax T/C Average Shipping Route Index Expiring December 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 3,212,685
AMPLIFY COMMODITY TRUST, Market Value	$ 3,212,685
Unrealized Appreciation/(Depreciation), Expiring Date	Dec. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Dec. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts	235
AMPLIFY COMMODITY TRUST, Contracts	235
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Supramax T/C Average Shipping Route Expiring October 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 803,440
AMPLIFY COMMODITY TRUST, Market Value	$ 803,440
Unrealized Appreciation/(Depreciation), Expiring Date	Oct. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Oct. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts	55
AMPLIFY COMMODITY TRUST, Contracts	55
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Supramax T/C Average Shipping Route Expiring November 30, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 798,435
AMPLIFY COMMODITY TRUST, Market Value	$ 798,435
Unrealized Appreciation/(Depreciation), Expiring Date	Nov. 30, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Nov. 30, 2024
Unrealized Appreciation/(Depreciation), Contracts	55
AMPLIFY COMMODITY TRUST, Contracts	55
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Supramax T/C Average Shipping Route Expiring December 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 775,280
AMPLIFY COMMODITY TRUST, Market Value	$ 775,280
Unrealized Appreciation/(Depreciation), Expiring Date	Dec. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Dec. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts	55
AMPLIFY COMMODITY TRUST, Contracts	55
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route Middle East Gulf to China Expiring October 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 797,454
AMPLIFY COMMODITY TRUST, Market Value	$ 797,454
Unrealized Appreciation/(Depreciation), Expiring Date	Oct. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Oct. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts	63
AMPLIFY COMMODITY TRUST, Contracts	63
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route Middle East Gulf to China Expiring November 30, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 897,435
AMPLIFY COMMODITY TRUST, Market Value	$ 897,435
Unrealized Appreciation/(Depreciation), Expiring Date	Nov. 30, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Nov. 30, 2024
Unrealized Appreciation/(Depreciation), Contracts	63
AMPLIFY COMMODITY TRUST, Contracts	63
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route Middle East Gulf to China Expiring December 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 939,834
AMPLIFY COMMODITY TRUST, Market Value	$ 939,834
Unrealized Appreciation/(Depreciation), Expiring Date	Dec. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Dec. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts	63
AMPLIFY COMMODITY TRUST, Contracts	63
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route West Africa to Continent Expiring October 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 75,095
AMPLIFY COMMODITY TRUST, Market Value	$ 75,095
Unrealized Appreciation/(Depreciation), Expiring Date	Oct. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Oct. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts	5
AMPLIFY COMMODITY TRUST, Contracts	5
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route West Africa to Continent Expiring November 30, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 172,740
AMPLIFY COMMODITY TRUST, Market Value	$ 172,740
Unrealized Appreciation/(Depreciation), Expiring Date	Nov. 30, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Nov. 30, 2024
Unrealized Appreciation/(Depreciation), Contracts	10
AMPLIFY COMMODITY TRUST, Contracts	10
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route West Africa to Continent Expiring December 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 96,400
AMPLIFY COMMODITY TRUST, Market Value	$ 96,400
Unrealized Appreciation/(Depreciation), Expiring Date	Dec. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Dec. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts	5
AMPLIFY COMMODITY TRUST, Contracts	5
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route Middle East Gulf to China Expiring July 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 584,600
AMPLIFY COMMODITY TRUST, Market Value		$ 584,600
Unrealized Appreciation/(Depreciation), Expiring Date		Jul. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Jul. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts		50
AMPLIFY COMMODITY TRUST, Contracts		50
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route Middle East Gulf to China Expiring August 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 592,500
AMPLIFY COMMODITY TRUST, Market Value		$ 592,500
Unrealized Appreciation/(Depreciation), Expiring Date		Aug. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Aug. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts		50
AMPLIFY COMMODITY TRUST, Contracts		50
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route Middle East Gulf to China Expiring September 30, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 622,500
AMPLIFY COMMODITY TRUST, Market Value		$ 622,500
Unrealized Appreciation/(Depreciation), Expiring Date		Sep. 30, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Sep. 30, 2024
Unrealized Appreciation/(Depreciation), Contracts		50
AMPLIFY COMMODITY TRUST, Contracts		50
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route West Africa to Continent Expiring July 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 83,710
AMPLIFY COMMODITY TRUST, Market Value		$ 83,710
Unrealized Appreciation/(Depreciation), Expiring Date		Jul. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Jul. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts		5
AMPLIFY COMMODITY TRUST, Contracts		5
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route West Africa to Continent Expiring August 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 78,895
AMPLIFY COMMODITY TRUST, Market Value		$ 78,895
Unrealized Appreciation/(Depreciation), Expiring Date		Aug. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Aug. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts		5
AMPLIFY COMMODITY TRUST, Contracts		5
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Capesize T/C Average Shipping Route Index Expiring October 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 4,456,480
AMPLIFY COMMODITY TRUST, Market Value	$ 4,456,480
Unrealized Appreciation/(Depreciation), Expiring Date	Oct. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Oct. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts	140
AMPLIFY COMMODITY TRUST, Contracts	140
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Capesize T/C Average Shipping Route Index Expiring November 30, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 4,036,060
AMPLIFY COMMODITY TRUST, Market Value	$ 4,036,060
Unrealized Appreciation/(Depreciation), Expiring Date	Nov. 30, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Nov. 30, 2024
Unrealized Appreciation/(Depreciation), Contracts	140
AMPLIFY COMMODITY TRUST, Contracts	140
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Capesize T/C Average Shipping Route Index Expiring December 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 3,892,560
AMPLIFY COMMODITY TRUST, Market Value	$ 3,892,560
Unrealized Appreciation/(Depreciation), Expiring Date	Dec. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Dec. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts	140
AMPLIFY COMMODITY TRUST, Contracts	140
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Panamax T/C Average Shipping Route Index Expiring October 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 3,043,250
AMPLIFY COMMODITY TRUST, Market Value	$ 3,043,250
Unrealized Appreciation/(Depreciation), Expiring Date	Oct. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Oct. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts	235
AMPLIFY COMMODITY TRUST, Contracts	235
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Panamax T/C Average Shipping Route Index Expiring November 30, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 3,257,335
AMPLIFY COMMODITY TRUST, Market Value	$ 3,257,335
Unrealized Appreciation/(Depreciation), Expiring Date	Nov. 30, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Nov. 30, 2024
Unrealized Appreciation/(Depreciation), Contracts	235
AMPLIFY COMMODITY TRUST, Contracts	235
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Panamax T/C Average Shipping Route Index Expiring December 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Expiring Date	Dec. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Dec. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts	235
AMPLIFY COMMODITY TRUST, Contracts	235
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Supramax T/C Average Shipping Route Expiring October 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 803,440
AMPLIFY COMMODITY TRUST, Market Value	$ 803,440
Unrealized Appreciation/(Depreciation), Expiring Date	Oct. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Oct. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts	55
AMPLIFY COMMODITY TRUST, Contracts	55
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Supramax T/C Average Shipping Route Expiring November 30, 2024 [Member]
Unrealized Appreciation/(Depreciation), Expiring Date	Nov. 30, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Nov. 30, 2024
Unrealized Appreciation/(Depreciation), Contracts	55
AMPLIFY COMMODITY TRUST, Contracts	55
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Supramax T/C Average Shipping Route Expiring December 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 775,280
AMPLIFY COMMODITY TRUST, Market Value	$ 775,280
Unrealized Appreciation/(Depreciation), Expiring Date	Dec. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Dec. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts	55
AMPLIFY COMMODITY TRUST, Contracts	55
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Capesize T/C Average Shipping Route Index Expiring July 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 6,807,570
AMPLIFY COMMODITY TRUST, Market Value		$ 6,807,570
Unrealized Appreciation/(Depreciation), Expiring Date		Jul. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Jul. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts		245
AMPLIFY COMMODITY TRUST, Contracts		245
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Capesize T/C Average Shipping Route Index Expiring August 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 6,249,215
AMPLIFY COMMODITY TRUST, Market Value		$ 6,249,215
Unrealized Appreciation/(Depreciation), Expiring Date		Aug. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Aug. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts		245
AMPLIFY COMMODITY TRUST, Contracts		245
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Capesize T/C Average Shipping Route Index Expiring September 30, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 6,383,965
AMPLIFY COMMODITY TRUST, Market Value		$ 6,383,965
Unrealized Appreciation/(Depreciation), Expiring Date		Sep. 30, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Sep. 30, 2024
Unrealized Appreciation/(Depreciation), Contracts		245
AMPLIFY COMMODITY TRUST, Contracts		245
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Panamax T/C Average Shipping Route Index Expiring July 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 4,895,690
AMPLIFY COMMODITY TRUST, Market Value		$ 4,895,690
Unrealized Appreciation/(Depreciation), Expiring Date		Jul. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Jul. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts		335
AMPLIFY COMMODITY TRUST, Contracts		335
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Panamax T/C Average Shipping Route Index Expiring August 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 5,105,065
AMPLIFY COMMODITY TRUST, Market Value		$ 5,105,065
Unrealized Appreciation/(Depreciation), Expiring Date		Aug. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Aug. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts		335
AMPLIFY COMMODITY TRUST, Contracts		335
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Panamax T/C Average Shipping Route Index Expiring September 30, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 5,334,875
AMPLIFY COMMODITY TRUST, Market Value		$ 5,334,875
Unrealized Appreciation/(Depreciation), Expiring Date		Sep. 30, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Sep. 30, 2024
Unrealized Appreciation/(Depreciation), Contracts		335
AMPLIFY COMMODITY TRUST, Contracts		335
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Supramax T/C Average Shipping Route Expiring July 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 1,273,555
AMPLIFY COMMODITY TRUST, Market Value		$ 1,273,555
Unrealized Appreciation/(Depreciation), Expiring Date		Jul. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Jul. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts		85
AMPLIFY COMMODITY TRUST, Contracts		85
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Supramax T/C Average Shipping Route Expiring August 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 1,281,035
AMPLIFY COMMODITY TRUST, Market Value		$ 1,281,035
Unrealized Appreciation/(Depreciation), Expiring Date		Aug. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Aug. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts		85
AMPLIFY COMMODITY TRUST, Contracts		85
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Supramax T/C Average Shipping Route Expiring September 30, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 1,286,730
AMPLIFY COMMODITY TRUST, Market Value		$ 1,286,730
Unrealized Appreciation/(Depreciation), Expiring Date		Sep. 30, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Sep. 30, 2024
Unrealized Appreciation/(Depreciation), Contracts		85
AMPLIFY COMMODITY TRUST, Contracts		85
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route Middle East Gulf to China Expiring October 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 797,454
AMPLIFY COMMODITY TRUST, Market Value	$ 797,454
Unrealized Appreciation/(Depreciation), Expiring Date	Oct. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Oct. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts	63
AMPLIFY COMMODITY TRUST, Contracts	63
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route Middle East Gulf to China Expiring November 30, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 897,435
AMPLIFY COMMODITY TRUST, Market Value	$ 897,435
Unrealized Appreciation/(Depreciation), Expiring Date	Nov. 30, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Nov. 30, 2024
Unrealized Appreciation/(Depreciation), Contracts	63
AMPLIFY COMMODITY TRUST, Contracts	63
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route Middle East Gulf to China Expiring December 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 939,834
AMPLIFY COMMODITY TRUST, Market Value	$ 939,834
Unrealized Appreciation/(Depreciation), Expiring Date	Dec. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Dec. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts	63
AMPLIFY COMMODITY TRUST, Contracts	63
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route West Africa to Continent Expiring October 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 75,095
AMPLIFY COMMODITY TRUST, Market Value	$ 75,095
Unrealized Appreciation/(Depreciation), Expiring Date	Oct. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Oct. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts	5
AMPLIFY COMMODITY TRUST, Contracts	5
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route West Africa to Continent Expiring November 30, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 172,740
AMPLIFY COMMODITY TRUST, Market Value	$ 172,740
Unrealized Appreciation/(Depreciation), Expiring Date	Nov. 30, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Nov. 30, 2024
Unrealized Appreciation/(Depreciation), Contracts	10
AMPLIFY COMMODITY TRUST, Contracts	10
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route West Africa to Continent Expiring December 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value	$ 96,400
AMPLIFY COMMODITY TRUST, Market Value	$ 96,400
Unrealized Appreciation/(Depreciation), Expiring Date	Dec. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date	Dec. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts	5
AMPLIFY COMMODITY TRUST, Contracts	5
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route Middle East Gulf to China Expiring July 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 584,600
AMPLIFY COMMODITY TRUST, Market Value		$ 584,600
Unrealized Appreciation/(Depreciation), Expiring Date		Jul. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Jul. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts		50
AMPLIFY COMMODITY TRUST, Contracts		50
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route Middle East Gulf to China Expiring August 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 592,500
AMPLIFY COMMODITY TRUST, Market Value		$ 592,500
Unrealized Appreciation/(Depreciation), Expiring Date		Aug. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Aug. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts		50
AMPLIFY COMMODITY TRUST, Contracts		50
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route Middle East Gulf to China Expiring September 30, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 622,500
AMPLIFY COMMODITY TRUST, Market Value		$ 622,500
Unrealized Appreciation/(Depreciation), Expiring Date		Sep. 30, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Sep. 30, 2024
Unrealized Appreciation/(Depreciation), Contracts		50
AMPLIFY COMMODITY TRUST, Contracts		50
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route West Africa to Continent Expiring July 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 83,710
AMPLIFY COMMODITY TRUST, Market Value		$ 83,710
Unrealized Appreciation/(Depreciation), Expiring Date		Jul. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Jul. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts		5
AMPLIFY COMMODITY TRUST, Contracts		5
Breakwave Tanker Shipping ETF [Member] \| Baltic Freight Route West Africa to Continent Expiring August 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 78,895
AMPLIFY COMMODITY TRUST, Market Value		$ 78,895
Unrealized Appreciation/(Depreciation), Expiring Date		Aug. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Aug. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts		5
AMPLIFY COMMODITY TRUST, Contracts		5
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Capesize T/C Average Shipping Route Index Expiring July 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 6,807,570
AMPLIFY COMMODITY TRUST, Market Value		$ 6,807,570
Unrealized Appreciation/(Depreciation), Expiring Date		Jul. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Jul. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts		245
AMPLIFY COMMODITY TRUST, Contracts		245
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Capesize T/C Average Shipping Route Index Expiring August 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 6,249,215
AMPLIFY COMMODITY TRUST, Market Value		$ 6,249,215
Unrealized Appreciation/(Depreciation), Expiring Date		Aug. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Aug. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts		245
AMPLIFY COMMODITY TRUST, Contracts		245
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Capesize T/C Average Shipping Route Index Expiring September 30, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 6,383,965
AMPLIFY COMMODITY TRUST, Market Value		$ 6,383,965
Unrealized Appreciation/(Depreciation), Expiring Date		Sep. 30, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Sep. 30, 2024
Unrealized Appreciation/(Depreciation), Contracts		245
AMPLIFY COMMODITY TRUST, Contracts		245
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Panamax T/C Average Shipping Route Index Expiring July 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 4,895,690
AMPLIFY COMMODITY TRUST, Market Value		$ 4,895,690
Unrealized Appreciation/(Depreciation), Expiring Date		Jul. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Jul. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts		335
AMPLIFY COMMODITY TRUST, Contracts		335
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Panamax T/C Average Shipping Route Index Expiring August 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 5,105,065
AMPLIFY COMMODITY TRUST, Market Value		$ 5,105,065
Unrealized Appreciation/(Depreciation), Expiring Date		Aug. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Aug. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts		335
AMPLIFY COMMODITY TRUST, Contracts		335
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Panamax T/C Average Shipping Route Index Expiring September 30, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 5,334,875
AMPLIFY COMMODITY TRUST, Market Value		$ 5,334,875
Unrealized Appreciation/(Depreciation), Expiring Date		Sep. 30, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Sep. 30, 2024
Unrealized Appreciation/(Depreciation), Contracts		335
AMPLIFY COMMODITY TRUST, Contracts		335
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Supramax T/C Average Shipping Route Expiring July 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 1,273,555
AMPLIFY COMMODITY TRUST, Market Value		$ 1,273,555
Unrealized Appreciation/(Depreciation), Expiring Date		Jul. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Jul. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts		85
AMPLIFY COMMODITY TRUST, Contracts		85
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Supramax T/C Average Shipping Route Expiring August 31, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 1,281,035
AMPLIFY COMMODITY TRUST, Market Value		$ 1,281,035
Unrealized Appreciation/(Depreciation), Expiring Date		Aug. 31, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Aug. 31, 2024
Unrealized Appreciation/(Depreciation), Contracts		85
AMPLIFY COMMODITY TRUST, Contracts		85
Breakwave Dry Bulk Shipping ETF [Member] \| Baltic Exchange Supramax T/C Average Shipping Route Expiring September 30, 2024 [Member]
Unrealized Appreciation/(Depreciation), Market Value		$ 1,286,730
AMPLIFY COMMODITY TRUST, Market Value		$ 1,286,730
Unrealized Appreciation/(Depreciation), Expiring Date		Sep. 30, 2024
AMPLIFY COMMODITY TRUST, Expiring Date		Sep. 30, 2024
Unrealized Appreciation/(Depreciation), Contracts		85
AMPLIFY COMMODITY TRUST, Contracts		85

Combined Statements of Operatio

Combined Statements of Operations (Unaudited) - USD ($)	3 Months Ended
Combined Statements of Operations (Unaudited) - USD ($)	Sep. 30, 2024	Sep. 30, 2023
Investment Income
Interest	$ 300,847	$ 544,116
Expenses
Sponsor fee	44,110	44,004
CTA fee	119,069	251,069
Audit fees	34,224	37,212
Tax preparation fees	80,936	63,010
Admin/accounting/custodian/transfer agent fees	31,759	31,633
Legal fees	31,464	22,632
Chief Compliance Officer fees	12,512	12,576
Principal Financial Officer fees	12,512	12,576
Regulatory reporting fees	12,512	12,576
Brokerage commission fees	79,647	207,802
Distribution fees	5,770	7,896
NJ filing fees	25,300	73,288
Insurance fees	3,290	7,546
Listing and calculation agent fees	3,400	4,017
Marketing fees	7,544	11,961
Other expenses		2,959
Website Support and Marketing Materials		7,791
Trustee fees	1,288
Printing and postage fees	16,365	5,152
Wholesale support fees	20,093	31,112
Miscellaneous fees	1,656
Total Expenses	543,451	846,812
Less: Waiver of CTA fee	(102,562)	(12,783)
Less: Expenses absorbed by Sponsor	(73,835)	(86,109)
Net Expenses	367,054	747,920
Net Investment Loss	(66,207)	(203,804)
Net Realized Loss on
Futures contracts	(5,136,661)	(18,217,640)
Change in Unrealized Gain (Loss) on
Futures contracts	647,972	18,840,035
Net realized and unrealized gain (loss)	(4,488,689)	622,395
Net Loss	(4,554,896)	418,591
BREAKWAVE DRY BULK SHIPPING ETF
Investment Income
Interest	274,416	537,710
Expenses
Sponsor fee	31,507	31,430
CTA fee	108,876	238,286
Audit fees	21,160	19,837
Tax preparation fees	78,297	55,427
Admin/accounting/custodian/transfer agent fees	16,089	16,597
Legal fees	15,732	11,316
Chief Compliance Officer fees	6,256	6,288
Principal Financial Officer fees	6,256	6,288
Regulatory reporting fees	6,256	6,288
Brokerage commission fees	69,277	192,298
Distribution fees	3,937	3,949
NJ filing fees	24,380	63,129
Insurance fees	1,645	3,775
Listing and calculation agent fees	1,700	2,319
Marketing fees	3,772	8,190
Other expenses		1,062
Website Support and Marketing Materials		6,535
Trustee fees	644
Printing and postage fees	12,571	2,639
Wholesale support fees	15,266	26,018
Miscellaneous fees	828
Total Expenses	424,449	701,671
Less: Waiver of CTA fee	(92,369)
Less: Expenses absorbed by Sponsor
Net Expenses	332,080	701,671
Net Investment Loss	(57,664)	(163,961)
Net Realized Loss on
Futures contracts	(4,844,019)	(18,251,265)
Change in Unrealized Gain (Loss) on
Futures contracts	682,450	19,736,724
Net realized and unrealized gain (loss)	(4,161,569)	1,485,459
Net Loss	(4,219,233)	1,321,498
BREAKWAVE TANKER SHIPPING ETF
Investment Income
Interest	26,431	6,406
Expenses
Sponsor fee	12,603	12,574
CTA fee	10,193	12,783
Audit fees	13,064	17,375
Tax preparation fees	2,639	7,583
Admin/accounting/custodian/transfer agent fees	15,670	15,036
Legal fees	15,732	11,316
Chief Compliance Officer fees	6,256	6,288
Principal Financial Officer fees	6,256	6,288
Regulatory reporting fees	6,256	6,288
Brokerage commission fees	10,370	15,504
Distribution fees	1,833	3,947
NJ filing fees	920	10,159
Insurance fees	1,645	3,771
Listing and calculation agent fees	1,700	1,698
Marketing fees	3,772	3,771
Other expenses		1,897
Website Support and Marketing Materials		1,256
Trustee fees	644
Printing and postage fees	3,794	2,513
Wholesale support fees	4,827	5,094
Miscellaneous fees	828
Total Expenses	119,002	145,141
Less: Waiver of CTA fee	(10,193)	(12,783)
Less: Expenses absorbed by Sponsor	(73,835)	(86,109)
Net Expenses	34,974	46,249
Net Investment Loss	(8,543)	(39,843)
Net Realized Loss on
Futures contracts	(292,642)	33,625
Change in Unrealized Gain (Loss) on
Futures contracts	(34,478)	(896,689)
Net realized and unrealized gain (loss)	(327,120)	(863,064)
Net Loss	$ (335,663)	$ (902,907)

Combined Statements of Changes

Combined Statements of Changes in Net Assets (Unaudited) - USD ($)	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
BREAKWAVE DRY BULK SHIPPING ETF
Net Assets at Beginning of Period	$ 39,113,154	$ 61,193,899
Increase (decrease) in Net Assets from share transactions
Addition shares		13,563,318
Redemption shares	(10,519,068)	(9,659,505)
Net Increase (decrease) in Net Assets from share transactions	(10,519,068)	3,903,813
Increase (decrease) in Net Assets from operations
Net investment loss	(57,664)	(163,961)
Net realized loss	(4,844,019)	(18,251,265)
Change in net unrealized gain (loss)	682,450	19,736,724
Net Increase (decrease) in Net Assets from operations	(4,219,233)	1,321,498
Net Assets at End of Period	24,374,853	66,419,210
BREAKWAVE TANKER SHIPPING ETF
Net Assets at Beginning of Period	2,087,817	4,168,752
Increase (decrease) in Net Assets from share transactions
Addition shares	1,218,568
Redemption shares		(1,716,210)
Net Increase (decrease) in Net Assets from share transactions	1,218,568	(1,716,210)
Increase (decrease) in Net Assets from operations
Net investment loss	(8,543)	(39,843)
Net realized loss	(292,642)	33,625
Change in net unrealized gain (loss)	(34,478)	(896,689)
Net Increase (decrease) in Net Assets from operations	(335,663)	(902,907)
Net Assets at End of Period	2,970,722	1,549,635
COMBINED
Net Assets at Beginning of Period	41,200,971	65,362,651
Increase (decrease) in Net Assets from share transactions
Addition shares	1,218,568	13,563,318
Redemption shares	(10,519,068)	(11,375,715)
Net Increase (decrease) in Net Assets from share transactions	(9,300,500)	2,187,603
Increase (decrease) in Net Assets from operations
Net investment loss	(66,207)	(203,804)
Net realized loss	(5,136,661)	(18,217,640)
Change in net unrealized gain (loss)	647,972	18,840,035
Net Increase (decrease) in Net Assets from operations	(4,554,896)	418,591
Net Assets at End of Period	$ 27,345,575	$ 67,968,845

Combined Statements of Change_2

Combined Statements of Changes in Net Assets (Unaudited) (Parentheticals) - shares	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
BREAKWAVE DRY BULK SHIPPING ETF
Addition during the period	0	2,800,000
Redemption during the period	950,000	1,800,000
BREAKWAVE TANKER SHIPPING ETF
Addition during the period	75,000	0
Redemption during the period	0	100,000

Combined Statements of Cash Flo

Combined Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
Combined Statements of Cash Flows (Unaudited) - USD ($)	Sep. 30, 2024	Sep. 30, 2023
Cash flows provided by (used in) operating activities
Net income (loss)	$ (4,554,896)	$ 418,591
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Net realized loss (gain) on investments		18,217,640
Change in net unrealized loss (gain) on investments		(18,840,035)
Change in operating assets and liabilities:
Decrease (increase) in receivable on open futures contracts		(5,272,993)
Decrease (increase) in payable on open futures contracts		(13,598,343)
Sale (Purchase) of investments, net	4,913,102	3,596,723
Change in net unrealized loss (gain) on futures	(647,972)	(18,840,035)
Decrease (Increase) in interest receivable	35,841	2,238
Decrease (Increase) in due from sponsor	3,439
Increase (Decrease) in due to sponsor	(34,175)	12,171
Increase (Decrease) in accrued expenses	147,046	27,174
Net cash provided by (used in) operating activities	(137,615)	(15,436,834)
Cash flows from financing activities
Proceeds from sale of shares	1,218,568	13,563,318
Paid on redemption of shares	(10,519,068)	(11,375,715)
Net cash provided by (used in) financing activities	(9,300,500)	2,187,603
Net increase (decrease) in cash and restricted cash	(9,438,115)	(13,249,231)
Cash and restricted cash, beginning of year	32,983,489	38,203,690
Cash and restricted cash, end of year	23,545,374	24,954,459
Cash
Segregated cash held by broker	23,545,374	24,954,459
Total cash and restricted cash as shown on the statement of cash flows	23,545,374	24,954,459
BREAKWAVE DRY BULK SHIPPING ETF
Cash flows provided by (used in) operating activities
Net income (loss)	(4,219,233)	1,321,498
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Net realized loss (gain) on investments		18,251,265
Change in net unrealized loss (gain) on investments		(19,736,724)
Change in operating assets and liabilities:
Decrease (increase) in receivable on open futures contracts		(6,098,280)
Decrease (increase) in payable on open futures contracts		(13,669,745)
Sale (Purchase) of investments, net	5,649,188	4,208,197
Change in net unrealized loss (gain) on futures	(682,450)	(19,736,724)
Decrease (Increase) in interest receivable	41,428	2,618
Decrease (Increase) in due from sponsor
Increase (Decrease) in due to sponsor	(34,175)	12,892
Increase (Decrease) in accrued expenses	119,730	27,395
Net cash provided by (used in) operating activities	874,488	(15,680,884)
Cash flows from financing activities
Proceeds from sale of shares		13,563,318
Paid on redemption of shares	(10,519,068)	(9,659,505)
Net cash provided by (used in) financing activities	(10,519,068)	3,903,813
Net increase (decrease) in cash and restricted cash	(9,644,580)	(11,777,071)
Cash and restricted cash, beginning of year	31,739,612	35,323,736
Cash and restricted cash, end of year	22,095,032	23,546,665
Cash
Segregated cash held by broker	22,095,032	23,546,665
Total cash and restricted cash as shown on the statement of cash flows	22,095,032	23,546,665
BREAKWAVE TANKER SHIPPING ETF
Cash flows provided by (used in) operating activities
Net income (loss)	(335,663)	(902,907)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Net realized loss (gain) on investments		(33,625)
Change in net unrealized loss (gain) on investments		896,689
Change in operating assets and liabilities:
Decrease (increase) in receivable on open futures contracts		825,287
Decrease (increase) in payable on open futures contracts		71,402
Sale (Purchase) of investments, net	(736,086)	(611,474)
Change in net unrealized loss (gain) on futures	34,478	896,689
Decrease (Increase) in interest receivable	(5,587)	(380)
Decrease (Increase) in due from sponsor	3,439
Increase (Decrease) in due to sponsor		(721)
Increase (Decrease) in accrued expenses	27,316	(221)
Net cash provided by (used in) operating activities	(1,012,103)	244,050
Cash flows from financing activities
Proceeds from sale of shares	1,218,568
Paid on redemption of shares		(1,716,210)
Net cash provided by (used in) financing activities	1,218,568	(1,716,210)
Net increase (decrease) in cash and restricted cash	206,465	(1,472,160)
Cash and restricted cash, beginning of year	1,243,877	2,879,954
Cash and restricted cash, end of year	1,450,342	1,407,794
Cash
Segregated cash held by broker	1,450,342	1,407,794
Total cash and restricted cash as shown on the statement of cash flows	$ 1,450,342	$ 1,407,794

Organization

Organization	3 Months Ended
Organization	Sep. 30, 2024
Organization [Abstract]
Organization	(1) Organization Amplify Commodity Trust (the “Trust”) was organized as a Delaware statutory trust on July 23, 2014. Effective after the close of trading on February 14, 2024, ETF Managers Capital LLC, as the prior sponsor and commodity pool operator (the “Former Sponsor”) of the Trust, entered into an agreement (the “Transfer Agreement”) to resign as Sponsor to the Trust and transfer its role as the Trust’s sponsor to Amplify Investments LLC (“the Sponsor.”) Under the terms of the Transfer Agreement, the Former Sponsor no longer has any involvement in the operations, management or marketing of the Fund. In connection with this change of Sponsor, Trust changed its name from the ETF Managers Group Commodity Trust I to the Amplify Commodity Trust. The Trust is a series trust formed pursuant to the Delaware Statutory Trust Act and currently consists of two separate series. BREAKWAVE DRY BULK SHIPPING ETF (“BDRY”), is the first series of the Trust and is a commodity pool that continuously issues shares of beneficial interest that may be purchased and sold on the NYSE Arca. The second series of the Trust, BREAKWAVE TANKER SHIPPING ETF (“BWET”), each a “Fund” and together with BDRY, the “Funds”), is also a commodity pool that continuously issues shares of beneficial interest that may be purchased and sold on the NYSE Arca. The Funds are managed and controlled by the Sponsor, a Delaware limited liability company. The Sponsor is registered with the Commodity Futures Trading Commission (“CFTC”) as a “commodity pool operator” (“CPO”) and is a member of the National Futures Trading Association (“NFA”). Breakwave Advisors, LLC (“Breakwave”) is registered as a “commodity trading advisor” (“CTA”) with the CFTC and serves as the Funds commodity trading advisor. BDRY commenced investment operations on March 22, 2018. BDRY commenced trading on the NYSE Arca on March 22, 2018 and trades under the symbol “BDRY.” BDRY’s investment objective is to provide investors with exposure to the daily change in the price of dry bulk freight futures, before expenses and liabilities of BDRY, by tracking the performance of a portfolio (the “BDRY Benchmark Portfolio”) consisting of a three-month strip of the nearest calendar quarter of futures contracts on specified indexes (each a “Reference Index”) that measure rates for shipping dry bulk freight (“Freight Futures”). Each Reference Index is published each United Kingdom business day by the London-based Baltic Exchange Ltd. (the “Baltic Exchange”) and measures the charter rate for shipping dry bulk freight in a specific size category of cargo ship – Capesize, Panamax or Supramax. The three Reference Indexes are as follows: ● Capesize ● Panamax ● Supramax The value of the Capesize 5TC Index is disseminated at 11:00 a.m., London Time and the value of the Panamax 4TC Index and the Supramax 10TC Index each is disseminated at 1:00 p.m., London Time. The Reference Index information disseminated by the Baltic Exchange also includes the components and value of each component in each Reference Index. Such Reference Index information also is widely disseminated by Reuters and/or other major market data vendors. BDRY seeks to achieve its investment objective by investing substantially all of its assets in the Freight Futures currently constituting the BDRY Benchmark Portfolio. The BDRY Benchmark Portfolio includes all existing positions to maturity and settles them in cash. During any given calendar quarter, the BDRY Benchmark Portfolio progressively increases its positions to the next calendar quarter three-month strip, thus maintaining constant exposure to the Freight Futures market as positions mature. The BDRY Benchmark Portfolio maintains long-only positions in Freight Futures. The BDRY Benchmark Portfolio includes a combination of Capesize, Panamax and Supramax Freight Futures. More specifically, the BDRY Benchmark Portfolio includes 50% exposure in Capesize Freight Futures contracts, 40% exposure in Panamax Freight Futures contracts and 10% exposure in Supramax Freight Futures contracts. The BDRY Benchmark Portfolio does not include and BDRY does not invest in swaps, non-cleared dry bulk freight forwards or other over-the-counter derivative instruments that are not cleared through exchanges or clearing houses. BDRY may hold exchange-traded options on Freight Futures. The BDRY Benchmark Portfolio is maintained by Breakwave and will be rebalanced annually. The Freight Futures currently constituting the BDRY Benchmark Portfolio, as well as the daily holdings of BDRY are available on BDRY’s website at www.drybulketf.com. When establishing positions in Freight Futures, BDRY will be required to deposit initial margin with a value of approximately 10% to 40% of the notional value of each Freight Futures position at the time it is established. These margin requirements are established and subject to change from time to time by the relevant exchanges, clearing houses or BDRY’s Futures Commissions Merchant (“FCM”), Marex Financial Ltd. (formerly ED&F Man Capital Markets, Inc.) On a daily basis, BDRY is obligated to pay, or entitled to receive, variation margin in an amount equal to the change in the daily settlement level of its Freight Futures positions. Any assets not required to be posted as margin with the FCM may be held at BDRY’s custodian or remain with the FCM in cash or cash equivalents, as discussed below. BDRY was created to provide investors with a cost-effective and convenient way to gain exposure to daily changes in the price of Freight Futures. BDRY is intended to be used as a diversification opportunity as part of a complete portfolio, not a complete investment program. The Fund will incur certain expenses in connection with its operations. The Fund will hold cash or cash equivalents such as U.S. Treasuries or other high credit quality, short-term fixed-income or similar securities for direct investment or as collateral for the Freight futures and for other liquidity purposes and to meet redemptions that may be necessary on an ongoing basis. These expenses and income from the cash and cash equivalent holdings may cause imperfect correlation between changes in the Fund’s net asset value (“NAV”) and changes in the Benchmark Portfolio, because the Benchmark Portfolio does not reflect expenses or income. The Fund may also realize interest income from its holdings in U.S. Treasuries or other market rate instruments. The Fund seeks to trade its positions prior to maturity; accordingly, natural market forces may cost the Fund while rebalancing. Each time the Fund seeks to reconstitute its positions, barring movement in the underlying securities, the futures and option prices may be higher or lower. Such differences in price, barring a movement in the price of the underlying security, will constitute “roll yield” and may inhibit the Fund’s ability to achieve its investment objective. Several factors determine the total return from investing in a futures contract position. One factor that impacts the total return that will result from investing in near month futures contracts and “rolling” those contracts forward each month is the price relationship between the current near month contract and the next month contract. The CTA will close existing positions when it determines it would be appropriate to do so and reinvest the proceeds in other positions. Positions may also be closed out to meet orders for redemption baskets. BWET commenced investment operations on May 3, 2023. BWET commenced trading on NYSE Arca on May 3, 2023 and trades under the symbol “BWET.” BWET’s investment objective is to provide investors with exposure to the daily change in the price of crude oil tanker freight futures, before expenses and liabilities of the Fund, by tracking the performance of a portfolio (the “BWET Benchmark Portfolio”) mainly consisting of the nearest calendar quarter of futures contracts on specified indexes (each a “Reference Index”) that measure prices for shipping crude oil (“Freight Futures”). Freight Futures reflect market expectations for the future cost of transporting crude oil. Each Reference Index is published each United Kingdom business day by the London-based Baltic Exchange Ltd. (the “Baltic Exchange”) and measures the charter rate for crude oil in a specific size category of cargo ship and for a specific route. The two Reference Indexes are as follows: ● The TD3C Index ● The TD20 Index: The value of the TD3C Index and the TD20 Index is disseminated at 4:00 p.m. London Time by the Baltic Exchange. Such Reference Index information also is widely disseminated by Reuters, Bloomberg and/or other major market data vendors. The Fund seeks to achieve its investment objective by investing substantially all of its assets in the Freight Futures currently constituting the BWET Benchmark Portfolio. The BWET Benchmark Portfolio includes a combination of TD3C and TD20 Freight Futures. More specifically, the Benchmark Portfolio includes 90% exposure in TD3C Freight Futures contracts and 10% exposure in TD20 Freight Futures contracts to maturity and settles them in cash. At any given time, the average maturity of the futures held by the Fund will be approximately 50 to 70 days. The BWET Benchmark Portfolio does not include and BWET does not invest in swaps, non-cleared freight forwards or other over-the-counter derivative instruments that are not cleared through exchanges or clearing houses. BWET may hold exchange-traded options on Freight Futures. The BWET Benchmark Portfolio is maintained by Breakwave and will be rebalanced annually. The Freight Futures currently constituting the BWET Benchmark Portfolio, as well as the daily holdings of BWET are available on BWET’s website at www.tankeretf.com. When establishing positions in Freight Futures, BWET will be required to deposit initial margin with a value of approximately 10% to 40% of the notional value of each Freight Futures position at the time it is established. These margin requirements are established and subject to change from time to time by the relevant exchanges, clearing houses or BWET’s FCM, Marex Financial Ltd. On a daily basis, BWET is obligated to pay, or entitled to receive, variation margin in an amount equal to the change in the daily settlement level of its Freight Futures positions. Any assets not required to be posted as margin with the FCM maybe held at BWET’s custodian or remain with the FCM in cash or cash equivalents, as discussed below. BWET was created to provide investors with a cost-effective and convenient way to gain exposure to daily changes in the price of Freight Futures. BWET is intended to be used as a diversification opportunity as part of a complete portfolio, not a complete investment program. The Fund will incur certain expenses in connection with its operations. The Fund will hold cash or cash equivalents such as U.S. Treasuries or other high credit quality, short-term fixed-income or similar securities for direct investment or as collateral for the Treasury Instruments and for other liquidity purposes and to meet redemptions that may be necessary on an ongoing basis. The Fund may also realize interest income from its holdings in U.S. Treasuries or other market rate instruments. These expenses and income from the cash and cash equivalent holdings may cause imperfect correlation between changes in the Fund’s net asset value (“NAV”) and changes in the Benchmark Portfolio, because the Benchmark Portfolio does not reflect expenses or income. The Fund seeks to trade its positions prior to maturity; accordingly, natural market forces may cost the Fund while rebalancing. Each time the Fund seeks to reconstitute its positions, barring movement in the underlying securities, the futures and option prices may be higher or lower. Such differences in price, barring a movement in the price of the underlying security, will constitute “roll yield” and may inhibit the Fund’s ability to achieve its investment objective. Several factors determine the total return from investing in a futures contract position. One factor that impacts the total return that will result from investing in near month futures contracts and “rolling” those contracts forward each month is the price relationship between the current near month contract and the next month contract. The CTA will close existing positions when it determines it would be appropriate to do so and reinvest the proceeds in other positions. Positions may also be closed out to meet orders for redemption baskets.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
Summary of Significant Accounting Policies	Sep. 30, 2024
Summary of Significant Accounting Policies [Abstract]
Summary of Significant Accounting Policies	(2) Summary of Significant Accounting Policies (a) Basis of Accounting The accompanying combined interim unaudited and accompanying audited financial statements of the Funds have been prepared in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”) and with the instructions for the Form 10-Q and the rules and regulations of the United States Securities and Exchange Commission. Each Fund qualifies as an investment company for financial reporting purposes under Topic 946 of the Accounting Standard Codification of U.S. GAAP. The accompanying combined interim financial statements are unaudited, but in the opinion of management, contain all adjustments (which include normal recurring adjustments) considered necessary to present fairly the interim financial statements. These interim financial statements should be read in conjunction with the Fund’s annual report on Form 10-K for the year ended June 30, 2024, BDRY’s prospectus dated February 15, 2024 (the “BDRY Prospectus,”), and BWET’s prospectus dated February 15, 2024 (the “BWET” Prospectus”). Interim period results are not necessarily indicative of results for a full-year period. (b) Use of Estimates The preparation of the combined financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the combined financial statements and accompanying notes. Actual results could differ from those estimates. There were no significant estimates used in the preparation of the combined financial statements. (c) Cash Cash, when shown in the Combined Statements of Assets and Liabilities, represents non-segregated cash with the custodian and does not include short-term investments. (d) Cash Held by Broker Breakwave is registered as a “commodity trading advisor” and acts as such for the Funds. The Funds’ arrangement with its FCM requires the Funds to meet their variation margin requirement related to the price movements, both positive and negative, on futures contracts held by the Funds by keeping cash on deposit with the Commodity Broker (as defined below). These amounts are shown as segregated cash held by broker in the Combined Statements of Assets and Liabilities. Each Fund deposits cash or United States Treasury Obligations, as applicable, with the FCM subject to the CFTC regulations and various exchange and broker requirements. The combination of each Fund’s deposits with the FCM of cash and United States Treasury Obligations, as applicable, and the unrealized gain or loss on open futures contracts (variation margin) represents each Fund’s overall equity in its brokerage trading account. The Funds use their cash held by the FCM to satisfy individual variation margin requirements. The Funds earn interest on their cash deposited with the FCM and interest income is recorded on the accrual basis. (e) Final Net Asset Value for Fiscal Period The calculation time of the Fund’s final net asset value for creation and redemption of Fund shares for the three months ended September 30, 2024 and September 30, 2023 was at 4:00 p.m. Eastern Time on September 30, 2024 and September 29, 2023, respectively. Although the Fund’s shares may continue to trade on secondary markets subsequent to the calculation of the final NAV, the 4:00 p.m. Eastern Time represented the final opportunity to transact in creation or redemption baskets for the three months ended September 30, 2024 and September 30, 2023. Fair value per share is determined at the close of the NYSE Arca. For financial reporting purposes, each Fund values its investment positions based upon the final closing price in their primary markets. Accordingly, the investment valuations in these interim combined financial statements differ from those used in the calculations of the Fund’s final creation/redemption NAVs at September 30, 2024 and September 30, 2023. (f) Investment Valuation Short-term investments, excluding U.S. Treasury Bills, are carried at amortized cost, which approximates fair value. U.S. Treasury Bills, when held by the Funds, are valued as determined by an independent pricing service based on methods which include consideration of: yields or prices of securities of comparable quality, coupon, maturity and type; indications as to values from dealers; and general market conditions. Money market investments are valued at their traded net asset value. Futures and options contracts are valued at the last settled price on the applicable exchange on which that futures and/or options contract trades. (g) Financial Instruments and Fair Value Each Fund discloses the fair value of its investments in accordance with the Financial Accounting Standards Board (“FASB”) fair value measurement and disclosure guidance which requires a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The disclosure requirements establish a fair value hierarchy that distinguishes between: (1) market participant assumptions developed based on market data obtained from sources independent to the Fund (observable inputs); and (2) the Fund’s own assumptions about market participant assumptions developed based on the best information available under the circumstances (unobservable inputs). The three levels defined by the disclosure requirements hierarchy are as follows: Level I: Quoted prices (unadjusted) in active markets for identical assets and liabilities that the reporting entity has the ability to access at the measurement date. Level II: Inputs other than quoted prices included within Level I that are observable for the asset or liability, either directly or indirectly. Level II inputs include the following: quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability, and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market-corroborated inputs). Level III: Unobservable pricing input at the measurement date for the asset or liability. Unobservable inputs shall be used to measure fair value to the extent that observable inputs are not available. In some instances, the inputs used to measure fair value might fall in different levels of the fair value hierarchy. The level in the fair value hierarchy within which the fair value measurement in its entirety falls shall be determined based on the lowest input level that is significant to the fair value measurement in its entirety. Fair value measurements also require additional disclosure when the volume and level of activity for the asset or liability have significantly decreased, as well as when circumstances indicate that a transaction is not orderly. The following tables summarize BDRY’s valuation of investments at September 30, 2024 and at June 30, 2024 using the fair value hierarchy: September 30, 2024 (unaudited) Short-Term (a) Futures (b) Total Level I – Quoted Prices $ 2,699,007 $ (106,225 ) $ 2,592,782 a – Included in Investments in securities in the Combined Statements of Assets and Liabilities. b – Included in Payable on open futures contracts and Unrealized depreciation on futures contracts in the Combined Statements of Assets and Liabilities. June 30, 2024 Short-Term (a) Futures (b) Total Level I – Quoted Prices $ 8,348,195 $ (788,675 ) $ 7,599,520 a – Included in Investments in securities in the Combined Statements of Assets and Liabilities. b – Included in Payable on open futures contracts in the Combined Statements of Assets and Liabilities. Transfers between levels are recognized at the end of the reporting period. During the three months ended September 30, 2024 and the year ended June 30, 2024, BDRY recognized no transfers from Level I, Level II or Level III. The following tables summarize BWET’s valuation of investments at September 30, 2024 and at June 30, 2024 using the fair value hierarchy: September 30, 2024 (unaudited) Short-Term (a) Futures (b) Total Level I – Quoted Prices $ 1,766,006 $ (150,358 ) $ 1,615,648 a – Included in Investments in securities in the Combined Statements of Assets and Liabilities. b – Included in Unrealized depreciation on futures contracts in the Combined Statements of Assets and Liabilities June 30, 2024 Short-Term (a) Futures (b) Total Level I – Quoted Prices $ 1,029,920 $ (115,880 ) $ 914,040 a – Included in Investments in securities in the Combined Statements of Assets and Liabilities. b – Included in Receivable on open futures contracts in the Combined Statements of Assets and Liabilities. Transfers between levels are recognized at the end of the reporting period. During the three months ended September 30, 2024 and the year ended June 30, 2024, BWET recognized no transfers from Level I, Level II or Level III. The inputs or methodology used for valuing investments are not necessarily an indication of the risk associated with investing in those securities. h) Investment Transactions and Related Income Investment transactions are recorded on the trade date. All such transactions are recorded on the identified cost basis, and marked to market daily. Unrealized gain/loss on open futures contracts is reflected in Receivable/Payable on open futures contracts in the Combined Statements of Assets and Liabilities and the change in the unrealized gain/loss between periods is reflected in the Combined Statements of Operations. The Funds interest earned on short-term securities and on cash deposited with Marex Financial Ltd. is accrued daily and reflected as Interest Income, when applicable, in the Combined Statements of Operations. (i) Federal Income Taxes Each Fund is registered as a Delaware statutory trust and is treated as a partnership for U.S. federal income tax purposes. Accordingly, the Funds do not expect to incur U.S. federal income tax liability; rather, each beneficial owner is required to take into account their allocable share of the Funds’ income, gain, loss, deductions and other items for the Funds’ taxable year ending with or within the beneficial owner’s taxable year. Management of the Funds has reviewed the open tax years and major jurisdictions and concluded that there is no tax liability resulting from unrecognized tax benefits relating to uncertain income tax positions taken or expected to be taken in future tax returns at September 30, 2024 and June 30, 2024. The Funds are also not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. On an ongoing basis, management will monitor its tax positions taken to determine if adjustments to its conclusions are necessary based on factors including, but not limited to, further implementation of guidance expected from the FASB and on-going analysis of tax law, regulation, and interpretations thereof. The Funds’ federal tax returns are subject to examination by the Internal Revenue Service for a period of three years after they are filed.

Investments

Investments	3 Months Ended
Investments	Sep. 30, 2024
Investments [Abstract]
Investments	(3) Investments (a) Short -Term Investments The Funds may purchase U.S. Treasury Bills, agency securities, and other high-credit quality short-term fixed income or similar securities with original maturities of one year or less. A portion of these investments may be used as margin for the Funds’ trading in futures contracts. (b) Accounting for Derivative Instruments In seeking to achieve each Fund’s investment objective, the commodity trading advisor uses a mathematical approach to investing. Using this approach, the commodity trading advisor determines the type, quantity and mix of investment positions that it believes in combination should produce returns consistent with the Fund’s objective. All open derivative positions at September 30, 2024 and at June 30, 2024, as applicable, are disclosed in the Combined Schedules of Investments and the notional value of these open positions relative to the shareholders’ capital of the Funds is generally representative of the notional value of open positions to shareholders’ capital throughout the reporting periods for the Funds. The volume associated with derivative positions varies on a daily basis as the Funds transact in derivative contracts in order to achieve the appropriate exposure, as expressed in notional value, in comparison to shareholders’ capital consistent with the applicable Fund’s investment objective. Following is a description of the derivative instruments used by the Funds during the reporting period, including the primary underlying risk exposures. (c) Futures Contracts The Funds enter into futures contracts to gain exposure to changes in the value of the Benchmark Portfolios. A futures contract obligates the seller to deliver (and the purchaser to accept) the future cash settlement of a specified quantity and type of a freight futures contract at a specified time and place. The contractual obligations of a buyer or seller of a freight futures contract may generally be satisfied by making an offsetting sale or purchase of an identical futures contract on the same or linked exchange before the designated date of delivery. Upon entering into a futures contract, the Funds are required to deposit and maintain as collateral at least such initial margin as required by the exchange on which the transaction is affected. The initial margin is segregated as Cash held by broker, as disclosed in the Combined Statements of Assets and Liabilities, and is restricted as to its use. Pursuant to the futures contract, the Funds agree to receive from or pay to the broker an amount of cash equal to the daily fluctuation in value of the futures contract. Such receipts or payments are known as variation margin and are recorded by the Funds as unrealized gains or losses. The Funds will realize a gain or loss upon closing a futures transaction. Futures contracts involve, to varying degrees, elements of market risk (specifically freight futures price risk) and exposure to loss in excess of the amount of variation margin. The face or contract amounts reflect the extent of the total exposure the Funds have in the particular classes of instruments. Additional risks associated with the use of futures contracts include imperfect correlation between movements in the price of the futures contracts and the market value of the underlying securities and the possibility of an illiquid market for a futures contract. With futures contracts, there is minimal counterparty risk to the Funds since futures contracts are exchange-traded and the exchange’s clearinghouse, as counterparty to all exchange-traded futures contracts, guarantees the futures contracts against default. Average Derivative Volume, for the three months ended September 30, 2024 Fund Monthly Monthly Breakwave Dry Bulk Shipping ETF 490 $ 9,503,250 Breakwave Tanker Shipping ETF 78 $ 1,152,096 Amplify Commodity Trust (combined) 568 $ 10,655,346 Average Derivative Volume, for the period ended June 30, 2024 Fund Monthly Monthly Breakwave Dry Bulk Shipping ETF 782 $ 15,359,875 Breakwave Tanker Shipping ETF 117 $ 1,543,866 Amplify Commodity Trust (combined) 898 $ 16,903,741 BREAKWAVE DRY BULK SHIPPING ETF Fair Value of Derivative Instruments, as of September 30, 2024 Asset Derivatives Liability Derivatives Derivatives Combined Statements of Fair Value Combined Statements of Fair Value (a) Total Dry Bulk Index Rates Market Risk Receivable on open futures contracts and unrealized appreciation on futures contracts $ 705,540 Payable on open futures contracts and Unrealized depreciation on futures contracts $ 811,865 $ 106,225 (a) Represents cumulative depreciation of futures contracts as reported in the Combined Statements of Assets and Liabilities. BREAKWAVE DRY BULK SHIPPING ETF Fair Value of Derivative Instruments, as of June 30, 2024 Asset Derivatives Liability Derivatives Derivatives Combined Statements of Fair Value Combined Statements of Fair Value (a) Dry Bulk Index Rates Market Risk $ - Payable on open futures contracts $ 788,675 (a) Represents cumulative depreciation of futures contracts as reported in the Combined Statements of Assets and Liabilities. BREAKWAVE DRY BULK SHIPPING ETF The Effect of Derivative Instruments on the Combined Statements of Operations For the Three Months Ended September 30, 2024 Derivatives Location of Gain (Loss) on Derivatives Realized Change in Dry Bulk Index Rates Market Risk Net realized loss on futures contracts and/or change in unrealized gain (loss) on futures contracts $ (4,844,019 ) $ 682,450 The futures contracts open at September 30, 2024 are indicative of the activity for the three months ended September 30, 2024. BREAKWAVE DRY BULK SHIPPING ETF The Effect of Derivative Instruments on the Combined Statements of Operations For the Three Months Ended September 30, 2023 Derivatives Location of Gain (Loss) on Derivatives Realized Change in Dry Bulk Index Rates Market Risk Net realized loss futures contracts and/or change in unrealized gain (loss) on futures contracts $ (18,251,265 ) $ 19,736,724 The futures contracts open at September 30, 2023 are indicative of the activity for the three months ended September 30, 2023. BREAKWAVE TANKER SHIPPING ETF Fair Value of Derivative Instruments, as of September 30, 2024 Asset Derivatives Liability Derivatives Derivatives Combined Statements of Fair Value Combined Statements of Fair Value (a) Total Crude Oil Tanker Index Rates Market Risk Unrealized appreciation on futures contracts $ 19,852 Unrealized depreciation on futures contracts $ 170,210 $ 150,358 (a) Represents cumulative depreciation of futures contracts as reported in the Combined Statements of Assets and Liabilities. BREAKWAVE TANKER SHIPPING ETF Fair Value of Derivative Instruments, as of June 30, 2024 Asset Derivatives Liability Derivatives Derivatives Combined Statements of Fair (a) Combined Statements of Fair (a) Crude Oil Tanker Index Rates Market Risk $ -- Payable on open futures contracts $ 115,880 (a) Represents cumulative depreciation of futures contracts as reported in the Combined Statements of Assets and Liabilities. BREAKWAVE TANKER SHIPPING ETF The Effect of Derivative Instruments on the Combined Statements of Operations For the Three Months Ended September 30, 2024 Derivatives Location of Gain (Loss) on Derivatives Realized Change in Crude Oil Tanker Index Rates Market Risk Net realized loss on futures contracts and/or change in unrealized gain (loss) on futures contracts $ (292,642 ) $ (34,478 ) The futures contracts open at September 30, 2024 are indicative of the activity for the three months ended September 30, 2024. BREAKWAVE TANKER SHIPPING ETF The Effect of Derivative Instruments on the Combined Statements of Operations For the Three Months Ended September 30, 2023 Derivatives Location of Gain (Loss) on Derivatives Realized Change in Crude Oil Tanker Index Rates Market Risk Net realized gain on futures contracts and/or change in unrealized gain (loss) on futures contracts $ 33,625 $ (896,689 ) The futures contracts open at September 30, 2023 are indicative of the activity for the three months ended September 30, 2023.

Agreements

Agreements	3 Months Ended
Agreements	Sep. 30, 2024
Agreements [Abstract]
Agreements	(4) Agreements (a) Management Fee Each Fund pays the Sponsor a sponsor fee (the “Sponsor Fee”) in consideration of the Sponsor’s advisory services to the Funds. Additionally, each Fund pays the commodity trading advisor a license and service fee (the “CTA fee”). BDRY pays the Sponsor an annual Sponsor Fee, monthly in arrears, in an amount calculated as the greater of 0.15% of its average daily net assets, or $125,000. BDRY also pays an annual fee to Breakwave, monthly in arrears, in an amount equal to 1.45% of BDRY’s average daily net assets. Breakwave has agreed to waive its CTA fee to the extent necessary, and the Sponsor has voluntarily agreed to correspondingly assume the remaining expenses of BDRY such that Fund expenses do not exceed an annual rate of 3.50%, excluding brokerage commissions, interest expense, and extraordinary expenses, if any, of the value of BDRY’s average daily net assets through December 31, 2024 (the “BDRY Expense Cap,”). The assumption of expenses by the Sponsor and waiver of BDRY’s CTA fee are contractual on the part of the Sponsor and Breakwave, respectively. The waiver of BDRY’s CTA fees, pursuant to the undertaking, amounted to $92,369 and $-0- BWET pays the Sponsor an annual Sponsor Fee, monthly in arrears, in an amount calculated as the greater of 0.30% of its average daily net assets, or $50,000. BWET also pays an annual CTA license and service fee to Breakwave, monthly in arrears, in an amount equal to 1.45% of BDRY’s average daily net assets. Breakwave has agreed to waive its CTA fee to the extent necessary, and the Sponsor has voluntarily agreed to correspondingly assume the remaining expenses of BWET such that Fund expenses do not exceed an annual rate of 3.50%, excluding brokerage commissions, interest expense, and extraordinary expenses, if any, of the value of BWET’s average daily net assets through December 31, 2024 (the “BWET Expense Cap”). The assumption of expenses by the Sponsor and waiver of BWET’s CTA fee are contractual on the part of the Sponsor and Breakwave, respectively. The waiver of BWET’s CTA fees, pursuant to the undertaking, amounted to $10,193 and $12,783 for the three months ended September 30, 2024 and 2023, respectively, as disclosed in the Combined Statements of Operations. Breakwave may, during the term of the waiver agreement, recoup any fees waived pursuant to the contract; however, the Fund will only make repayments to Breakwave if such repayment does not cause the Fund’s expense ratio after the repayment is taken into account, to exceed either (i) the expense cap in place at the time such amounts were waived, or (ii) the Fund’s current expense cap. Such recoupment is limited to three years from the date the amount is initially waived. At September 30, 2024, BWET is subject to potential future repayments of $498,585 to Breakwave. The potential future repayments expire during the years ending June 30, 2026, 2027, and 2028 in the amounts of $80,669, $333,888, and $84,028, respectively. The Funds currently accrue their daily expenses up to the Expense Cap, or if less, at accrual estimates established by the Sponsor. At the end of each month, the accrued amount is remitted to the Sponsor as the Sponsor has assumed, and is responsible for the payment of the routine operational, administrative and other ordinary expenses of the Funds in excess of the Fund’s respective Expense Cap, which in the case of BDRY, aggregated $-0- and $-0- for the three months ended September 30, 2024 and 2023, respectively, as disclosed in the Combined Statements of Operations. In the case of BWET, expenses absorbed by the Sponsor aggregated $73,835 and $86,109 for the three months ended September 30, 2024 and 2023, as disclosed in the Combined Statements of Operations. (b) The Administrator, Custodian, Fund Accountant and Transfer Agent Each Fund has appointed U.S. Bank, a national banking association, with its principal office in Milwaukee, Wisconsin, as the custodian (the “Custodian”). Its affiliate, U.S. Bancorp Fund Services, is the Fund accountant (“the Fund accountant”) of the Funds, transfer agent (the “Transfer Agent”) for Fund shares and administrator for the Funds (the “Administrator”). It performs certain administrative and accounting services for the Funds and prepares certain SEC, NFA and CFTC reports on behalf of the Funds. (U.S. Bank and U.S. Bancorp Fund Services are referred to collectively hereinafter as “U.S. Bank”). Each Fund has agreed to pay U.S. Bank 0.05% of average assets under management (AUM), with a $45,000 minimum annual fee payable for its administrative, accounting and transfer agent services and 0.01% of AUM, with an annual minimum of $4,800 for custody services. BDRY paid U.S. Bank $16,089 and $16,597 for the three months ended September 30, 2024 and 2023, respectively, as disclosed in the Combined Statements of Operations. BWET paid U.S. Bank $15,670 and $15,036 for the three months ended September 30, 2024 and 2023, as disclosed in the Combined Statements of Operations. (c) The Distributor Through August 13, 2023, each Fund paid ETFMG Financial LLC (the “former Distributor”), an affiliate of the Sponsor, an annual fee for statutory and wholesaling distribution services and related administrative services equal to the greater of $15,000 or 0.02% of the Fund’s average daily net assets, payable monthly. Pursuant to the respective Marketing Agent Agreements between the Sponsor, each Fund and the former Distributor, the former Distributor assisted the Sponsor and the applicable Fund with certain functions and duties relating to distribution and marketing services to the applicable Fund, including reviewing and approving marketing materials and certain regulatory compliance matters. The Distributor also assisted with the processing of creation and redemption orders. Effective August 14, 2023, the Sponsor entered into a Marketing Agent Agreement (the “Marketing Agreement”) on behalf of the Trust and the Funds with Foreside Fund Services, LLC (“Foreside”), pursuant to which Foreside provides certain marketing services to the Funds. Each Fund pays an annual fee for such distribution services and related administrative services, with a minimum of approximately $10,000 payable annually. Pursuant to the Marketing Agent Agreement between the Sponsor, the Funds and Foreside, Foreside assists the Sponsor and the Funds with certain functions and duties relating to distribution and marketing services to the Funds, including reviewing and approving marketing materials and certain regulatory compliance matters. Foreside also assists with the processing of creation and redemption orders. Foreside’s principal business office is located in Portland, ME. BDRY incurred $3,937 and $3,949 in distribution and related administrative services for the three months ended September 30, 2024 and 2023, respectively, as disclosed in the Combined Statements of Operations. BWET incurred $1,833 and $3,947 in distribution and related administrative services for the three months ended September 30, 2024 and 2023, respectively, as disclosed in the Combined Statements of Operations. BDRY pays the Sponsor an annual fee for wholesale support services of $25,000 plus 0.12% of BDRY’s average daily net assets, payable monthly. BWET pays the Sponsor an annual fee for wholesale support services of $15,000 plus 0.15% of BWET’s average daily net assets, payable monthly. BDRY incurred $15,266 and $26,018 in wholesale support fees for the three months ended September 30, 2024 and 2023, respectively, as disclosed in the Combined Statements of Operations. BWET incurred $4,827 and $5,094 in wholesale support fees for the three months ended September 30, 2024 and 2023, respectively, as disclosed in the Combined Statements of Operations. (d) The Commodity Broker Marex Financial Ltd., registered in England, serves as each Fund’s clearing broker (the “Commodity Broker”). In its capacity as clearing broker, the Commodity Broker executes and clears the Fund’s futures transactions and performs certain administrative services for the Funds. The Funds pay respective brokerage commissions, including applicable exchange fees, National Futures Association (“NFA”) fees, give–up fees, pit brokerage fees and other transaction related fees and expenses charged in connection with trading activities in CFTC regulated investments. Brokerage commissions on futures contracts are recognized on a half-turn basis. The Sponsor does not expect annual brokerage commissions and fees to exceed 0.40% for BDRY and 1.35% for BWET (excluding the impact on each Fund of creation and/or redemption activity) of the net asset value of BDRY and BWET, respectively, for execution and clearing services on behalf of the Funds, although the actual amount of brokerage commissions and fees in any year or any part of any year may be greater. The effects of trading spreads, financing costs associated with financial instruments, and costs relating to the purchase of U.S. Treasury Securities or similar high credit quality short-term fixed-income or similar securities are not included in the foregoing analysis. BDRY incurred $69,277 and $192,298 in brokerage commissions and fees for the three months ended September 30, 2024 and 2023, respectively, as disclosed in the Combined Statements of Operations. BWET incurred $10,370 and $15,504 in brokerage commissions and fees for the three months ended September 30, 2024 and 2023, respectively, as disclosed in the Combined Statement of Operations. ( e) The Trustee Under the Amended and Restated Declaration of Trust and Trust Agreement (the “Trust Agreement”) for each Fund, Wilmington Trust Company, the Trustee of each of the Funds (the “Trustee”) serves as the sole trustee of each Fund in the State of Delaware. The Trustee will accept service of legal process on the Funds in the State of Delaware and will make certain filings under the Delaware Statutory Trust Act. Under the Trust Agreement for each Fund, the Sponsor has the exclusive management and control of all aspects of the business of the Funds. The Trustee does not owe any other duties to the Funds, the Sponsor or the Shareholders of the Funds. The Trustee has no duty or liability to supervise or monitor the performance of the Sponsor, nor does the Trustee have any liability for the acts or omissions of the Sponsor. BDRY incurred $644 and $628 in trustee fees for the three months ended September 30, 2024 and 2023, respectively, which is included in Trustees Fees in the Combined Statements of Operations. BWET incurred $644 and $628 in trustee fees for the three months ended September 30, 2024 and 2023, respectively, as disclosed in the Combined Statement of Operations. (f) Routine Offering, Operational, Administrative and Other Ordinary Expenses The Sponsor, in accordance with the BDRY Expense Cap limitation paid, after the waiver of the CTA fee for BDRY by Breakwave, if any, all of the routine offering, operational, administrative and other ordinary expenses of BDRY in excess of 3.50% (excluding brokerage commissions and interest expense) of BDRY’s average daily net assets, including, but not limited to, accounting and computer services, the fees and expenses of the Trustee, Administrator, Custodian, Transfer Agent and Distributor, legal and accounting fees and expenses, tax return preparation expenses, filing fees, and printing, mailing and duplication costs. BDRY incurred $424,449 and $701,671 for the three months ended September 30, 2024 and 2023, respectively, in routine offering, operational, administrative or other ordinary expenses. The CTA fee waiver for BDRY by Breakwave was $92,369 and $-0- for the three months ended September 30, 2024 and 2023, respectively. In addition, the assumption of Fund expenses above the BDRY Expense Cap by the Sponsor, pursuant to the undertaking (as discussed in Note 4a), amounted to $-0- and $-0- for the three months ended September 30, 2024 and 2023, respectively. The Sponsor, in accordance with the BWET Expense Cap limitation paid, after the waiver of a portion of the CTA fee for BWET by Breakwave, all of the routine offering, operational, administrative and other ordinary expenses of BWET in excess of 3.50% (excluding brokerage commissions and interest expense) of BWET’s average daily net assets, including, but not limited to, accounting and computer services, the fees and expenses of the Trustee, Administrator, Custodian, Transfer Agent and Distributor, legal and accounting fees and expenses, tax return preparation expenses, filing fees, and printing, mailing and duplication costs. BWET incurred $119,002 and $145,141 for the three months ended September 30, 2024 and 2023, respectively, in routine offering, operational, administrative or other ordinary expenses. The CTA fee waiver for BWET by Breakwave was $10,193 and $12,783 for the three months ended September 30, 2024 and 2023, respectively. In addition, the assumption of Fund expenses above the BWET Expense Cap by the Sponsor, pursuant to the undertaking (as discussed in Note 4a), amounted to $73,835 and $86,109 for the three months ended September 30, 2024 and 2023, respectively. (g) Organizational and Offering Costs Expenses incurred in connection with organizing BDRY and BWET and up to the offering of their Shares upon commencement of their investment operations on March 22, 2018 and May 3, 2023, respectively, were paid by the Sponsor and Breakwave without reimbursement. Accordingly, all such expenses are not reflected in the Combined Statements of Operations. The Funds will bear the costs of their continuous offering of Shares and ongoing offering expenses. Such ongoing offering costs will be included as a portion of the Routine Offering, Operational, Administrative and Other Ordinary Expenses. These costs will include registration fees for regulatory agencies and all legal, accounting, printing and other expenses associated therewith. (h) Extraordinary Fees and Expenses The Funds will pay all extraordinary fees and expenses, if any. Extraordinary fees and expenses are fees and expenses which are nonrecurring and unusual in nature, such as legal claims and liabilities, litigation costs or indemnification or other unanticipated expenses. Such extraordinary fees and expenses, by their nature, are unpredictable in terms of timing and amount. For the three months ended September 30, 2024 and 2023, respectively, BDRY did not incur such expenses. For the three months ended September 30, 2024 and 2023, respectively, BWET did not incur such expenses.

Creations and Redemptions

Creations and Redemptions	3 Months Ended
Creations and Redemptions	Sep. 30, 2024
Creations and Redemptions [Abstract]
Creations and Redemptions	(5) Creations and Redemptions Each Fund issues and redeems Shares from time to time, but only in one or more Creation Baskets. A Creation Basket is a block of 25,000 Shares of the particular Fund. Baskets may be created or redeemed only by Authorized Participants. Except when aggregated in Creation Baskets, the Shares are not redeemable securities. Retail investors, therefore, generally will not be able to purchase or redeem Shares directly from or with the Fund. Rather, most retail investors will purchase or sell Shares in the secondary market with the assistance of a broker. Thus, some of the information contained in these Notes to Interim Combined Financial Statements – such as references to the Transaction Fee imposed on creations and redemptions – is not relevant to retail investors. (a) Transaction Fees on Creation and Redemption Transactions In connection with orders to create and redeem one or more Creation Baskets, an Authorized Participant is required to pay a transaction fee, or AP Transaction Fee, of $300 per BDRY or BWET order, which goes directly to the Custodian. The AP Transaction Fees are paid by the Authorized Participants and not by the Funds. b) Share Transactions BREAKWAVE DRY BULK SHIPPING ETF Summary of Share Transactions for the Three Months Ended September 30, 2024 Shares Net Assets Shares Sold - $ - Shares Redeemed (950,000 ) (10,519,068 ) Net Decrease (950,000 ) $ (10,519,068 ) BREAKWAVE DRY BULK SHIPPING ETF Summary of Share Transactions for the Three Months Ended September 30, 2023 Shares Net Assets Shares Sold 2,800,000 $ 13,563,318 Shares Redeemed (1,800,000 ) (9,659,505 ) Net Increase 1,000,000 $ 3,903,813 BREAKWAVE TANKER SHIPPING ETF Summary of Share Transactions for the Three Months Ended September 30, 2024 Shares Net Assets Shares Sold 75,000 $ 1,218,568 Shares Redeemed - - Net Increase 75,000 $ 1,218,568 BREAKWAVE TANKER SHIPPING ETF Summary of Share Transactions for the Three Months Ended September 30, 2023 Shares Net Assets Shares Sold - $ - Shares Redeemed (100,000 ) (1,716,210 ) Net Decrease (100,000 ) $ (1,716,210 )

Risk

Risk	3 Months Ended
Risk	Sep. 30, 2024
Risk [Abstract]
Risk	(6) Risk (a) Investment Related Risk The NAV of each Fund’s shares relates directly to the value of the respective freight futures portfolio, cash and cash equivalents held by each Fund. Fluctuations in the prices of these assets could materially adversely affect the values and performance of an investment in BDRY and BWET shares. Past performance is not necessarily indicative of future results; all or substantially all of an investment in BDRY or BWET could be lost. The NAV of BDRY and BWET shares relates directly to the value of the futures investments held by each Fund which are materially impacted by fluctuations in changes in spot charter rates. Charter rates for dry bulk vessels and crude oil tankers are volatile and have declined significantly since their historic highs and may remain at low levels or decrease further in the future. Futures and options contracts have expiration dates. Before or upon the expiration of a contract, BDRY and/or BWET may be required to enter into replacement contracts that are priced higher or that have less favorable terms than the contracts being replaced (see “Negative Roll Risk,” below). The Freight Futures market settles in cash against published indices, so there is no physical delivery against the futures contracts. Similar to other futures contracts, the Freight Futures curve shape could be either in “contango” (where the futures curve is upward sloping with next futures price higher than the current one) or “backwardation” (where each the next futures price is lower than the current one). Contango curves are generally characterized by negative roll cost, as the expiring contract value is lower that the next prompt contract value, assuming the same lot size. That means there could be losses incurred when the contracts are rolled each period (“Negative Roll Risk”) and such losses are independent of the Freight Futures price level. The Russia Ukraine war poses an increasing risk for global economic growth. Major economic sanctions against Russia are having a considerable impact on oil and gas prices, given the dependence of the EU on oil and gas exports out of Russia combined with limited spare capacity of such commodities globally. Energy prices have increased significantly, leading to major inflationary pressures in the major developed countries that rely heavily on oil and gas exports out of Russia. In the case of BDRY, the combined Russia/Ukraine region account for approximately one quarter of global grain production, one of the main cargoes transported by dry bulk vessels, while coal and iron ore exports out of the region have also been reduced. The above factors can have a material negative impact on demand for dry bulk transportation, while slower economic growth could also negatively affect demand for dry bulk commodities in the rest of the word, leading to lower dry bulk freight rates. The conflict between Russia and Ukraine is having a profound impact on global commodities prices including grain and coal, two of the most important commodities for dry bulk shipping. Given the importance of the region in export volumes for both grains and coal, a prolonged stoppage could lead to significantly lower freight rates and thus a decline in freight futures prices and a decline in the value of BDRY. Although coal supplies could potentially be sourced from elsewhere partly mitigating the negative impact of the lost volumes, global grain production capacity is limited, and thus the impact of the lost volumes could not be easily mitigated. In addition, the recent geopolitical turmoil has led to an increase in government protectionism when it comes to commodities, and if such a trend continues, it could lead to lower bulk commodities trading globally over the long term. The impact of such a scenario on dry bulk shipping will be negative, leading to lower spot rates and as a result lower freight futures prices and a decline in the value of BDRY. In the case of BWET, the conflict between Russia and Ukraine has also had a profound impact on oil prices and as a result on tanker rates and might continue to impact the level of tanker rates for years to come. Russia accounts for more than 10% of global oil production. Sanctions put in place to limit the exports of crude oil and refined products from Russia has caused a reshuffling in tanker trade patterns and has led to increasing volatility in tanker freight rates. With limited seaborne crude exports out of Russia, refiners and oil traders have been seeking alternative sources for feedstock crude, causing major disruptions in the traditional crude oil trading patterns. Volatility in tanker rates has increased, especially for tankers carrying refined products. As volatility of spot charter rates increases, higher trading volumes in freight futures would be expected as market participants tend to increase their hedging requirements. In addition, oil price volatility has increased significantly, impacting tanker spot rate freight rates. The Hamas-Israel conflict has stoked fears of oil supply instability in the Middle East and globally. While not having an immediate impact on global oil production or tanker trade patterns, escalation or expansion of hostilities, interventions by other groups or nations, the imposition of economic sanctions on any of the oil producing nations, disruption of shipping transit in the Straits of Hormuz or other significant trade routes, or similar outcomes could lead to oil supply instability. The conflict is ongoing and, should it escalate and expand toother oil producing nations in the region, it may have a profound negative impact on oil prices and, as a result, the supply and demand for freight that could have a negative impact on spot freight rates for dry bulk and liquid freight and on Freight Futures. In addition, The People’s Republic of China (“China”) accounts for a sizable part of oil demand, and changes in the economic and political environment in China and policies adopted by the government to regulate its economy may have a material adverse effect on tanker charter rates and as a result, Freight Futures. (b) Liquidity Risk In certain circumstances, such as the disruption of the orderly markets for the futures contracts or Financial Instruments in which the Fund invest, the Funds might not be able to dispose of certain holdings quickly or at prices that represent what the market value may have been in an orderly market. Futures and option positions cannot always be liquidated at the desired price. It is difficult to execute a trade at a specific price when there is a relatively small volume of buy and sell orders in a market. A market disruption can also make it difficult to liquidate a position. The large size of the positions that the Funds may acquire increases the risk of illiquidity both by making its positions more difficult to liquidate and by potentially increasing losses while trying to do so. Such a situation may prevent the Funds from limiting losses, realizing gains or achieving a high correlation with the applicable Benchmark Portfolio. (c) Natural Disaster/Epidemic Risk Natural or environmental disasters, such as earthquakes, fires, floods, hurricanes, tsunamis and other severe weather-related phenomena generally, and widespread disease, including pandemics and epidemics (for example, the novel coronavirus COVID-19), have been and can be highly disruptive to economies and markets and have recently led, and may continue to lead, to increased market volatility and significant market losses. Such natural disaster and health crises could exacerbate political, social, and economic risks previously mentioned, and result in significant breakdowns, delays, shutdowns, social isolation, and other disruptions to important global, local and regional supply chains affected, with potential corresponding results on the operating performance of the Funds and their investments. A climate of uncertainty and panic, including the contagion of infectious viruses or diseases, may adversely affect global, regional, and local economies and reduce the availability of potential investment opportunities, and increases the difficulty of performing due diligence and modeling market conditions, potentially reducing the accuracy of financial projections. Under these circumstances, the Funds may have difficulty achieving their investment objectives which may adversely impact performance. Further, such events can be highly disruptive to economies and markets, significantly disrupt the operations of individual companies (including, but not limited to, the Funds’ Sponsor and third party service providers), sectors, industries, markets, securities and commodity exchanges, currencies, interest and inflation rates, credit ratings, investor sentiment, and other factors affecting the value of the Funds’ investments. These factors can cause substantial market volatility. exchange trading suspensions and closures and can impact the ability of the Funds to complete redemptions and otherwise affect each Fund’s performance and the Funds’ trading in the secondary market. A widespread crisis may also affect the global economy in ways that cannot necessarily be foreseen at the current time. How long such events will last and whether they will continue or recur cannot be predicted. Impacts from these events could have significant impact on the Funds’ performance, resulting in losses to the Funds.

Profit and Loss Allocations and

Profit and Loss Allocations and Distributions	3 Months Ended
Profit and Loss Allocations and Distributions	Sep. 30, 2024
Profit and Loss Allocations and Distributions [Abstract]
Profit and Loss Allocations and Distributions	(7) Profit and Loss Allocations and Distributions Pursuant to the Trust Agreement, income and expenses of the Funds are allocated pro rata Any losses allocated to the Sponsor which are in excess of the Sponsor’s capital balance are allocated to the Shareholders in accordance with their respective interest in the applicable Fund as a percentage of total Shareholders’ capital. Distributions (other than redemption of units) may be made at the sole discretion of the Sponsor on a pro rata

Indemnifications

Indemnifications	3 Months Ended
Indemnifications	Sep. 30, 2024
Indemnifications [Abstract]
Indemnifications	(8) Indemnifications The Sponsor, either in its own capacity or in its capacity as the Sponsor and on behalf of the Funds, has entered into various service agreements that contain a variety of representations, or provide indemnification provisions related to certain risks service providers undertake in performing services which are in the best interests of the Funds. As of September 30, 2024, the Funds had not received any claims or incurred any losses pursuant to these agreements and expects the risk of such losses to be remote.

Termination

Termination	3 Months Ended
Termination	Sep. 30, 2024
Termination [Abstract]
Termination	(9) Termination The term of each Fund is perpetual unless terminated earlier in certain circumstances as described in the applicable Prospectus.

Net Asset Value and Financial H

Net Asset Value and Financial Highlights	3 Months Ended
Net Asset Value and Financial Highlights	Sep. 30, 2024
Net Asset Value and Financial Highlights [Abstract]
Net Asset Value and Financial Highlights	(10) Net Asset Value and Financial Highlights The Funds are presenting, as applicable, the following net asset value and financial highlights related to investment performance for a Share outstanding throughout the three months ended September 30, 2024 and September 30, 2023, respectively. The net investment income and total expense ratios are calculated using average net assets. The net asset value presentation is calculated by dividing each Fund’s net assets by the average daily number of Shares outstanding. The net investment income (loss) and expense ratios have been annualized. The total return is based on the change in net asset value and market value of the Shares during the period. An individual investor’s return and ratios may vary based on the timing of their transactions in Fund Shares. BREAKWAVE DRY BULK BREAKWAVE TANKER SHIPPING ETF SHIPPING ETF For the Three Months Ended For the Three Months Ended 2024 2023 2024 2023 Net Asset Value Net asset value per Share, beginning of period $ 12.13 $ 5.53 $ 16.69 $ 20.83 Net investment loss* (0.02 ) (0.01 ) (0.05 ) (0.21 ) Net realized and unrealized loss (1.40 ) (0.02 ) (1.79 ) (5.14 ) Net Loss (1.42 ) (0.03 ) (1.84 ) (5.35 ) Net Asset Value per Share, end of period $ 10.71 $ 5.50 $ 14.85 $ 15.48 Market Value per Share, end of period $ 10.74 $ 5.49 $ 14.76 $ 15.77 Ratios to Average Net Assets Expense Ratio 4.42 % 4.27 % 4.98 % 5.25 % Expense Ratio** before Waiver/Assumption 5.65 % 4.27 % 16.93 % 16.46 % Net Investment Income (Loss) (2.00 )% (1.00 )% (13.17 )% (4.52 )% Total Return, at Net Asset Value* (11.65 )% (0.54 )% (11.05 )% (25.68 )% Total Return, at Market Value*** (12.25 )% (1.08 )% (12.12 )% (24.47 )% * Calculated based on average shares outstanding during the period. Percentages are annualized * Percentages are not annualized **** Fund expenses have been capped at 3.50% of average daily net assets, plus brokerage commissions, interest expense, and extraordinary expenses, if any.

Subsequent Events

Subsequent Events	3 Months Ended
Subsequent Events	Sep. 30, 2024
Subsequent Events [Abstract]
Subsequent Events	(11) Subsequent Events In preparing these interim financial statements, the Fund has evaluated events and transactions for potential recognition or disclosure through the date the interim financial statements were issued. This evaluation did not result in any subsequent events that necessitated disclosures and/or adjustments to the financial statements.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($)	3 Months Ended
Pay vs Performance Disclosure - USD ($)	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure
Net Income (Loss)	$ (4,554,896)	$ 418,591

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Sep. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b 5-1 Arrangement Modified Flag	false
Rule 10b5-1 Arrangement Modified Flag	false

Accounting Policies, by Policy

Accounting Policies, by Policy (Policies)	3 Months Ended
Accounting Policies, by Policy (Policies)	Sep. 30, 2024
Summary of Significant Accounting Policies [Abstract]
Basis of Accounting	(a) Basis of Accounting The accompanying combined interim unaudited and accompanying audited financial statements of the Funds have been prepared in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”) and with the instructions for the Form 10-Q and the rules and regulations of the United States Securities and Exchange Commission. Each Fund qualifies as an investment company for financial reporting purposes under Topic 946 of the Accounting Standard Codification of U.S. GAAP. The accompanying combined interim financial statements are unaudited, but in the opinion of management, contain all adjustments (which include normal recurring adjustments) considered necessary to present fairly the interim financial statements. These interim financial statements should be read in conjunction with the Fund’s annual report on Form 10-K for the year ended June 30, 2024, BDRY’s prospectus dated February 15, 2024 (the “BDRY Prospectus,”), and BWET’s prospectus dated February 15, 2024 (the “BWET” Prospectus”). Interim period results are not necessarily indicative of results for a full-year period.
Use of Estimates	(b) Use of Estimates The preparation of the combined financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the combined financial statements and accompanying notes. Actual results could differ from those estimates. There were no significant estimates used in the preparation of the combined financial statements.
Cash	(c) Cash Cash, when shown in the Combined Statements of Assets and Liabilities, represents non-segregated cash with the custodian and does not include short-term investments.
Cash Held by Broker	(d) Cash Held by Broker Breakwave is registered as a “commodity trading advisor” and acts as such for the Funds. The Funds’ arrangement with its FCM requires the Funds to meet their variation margin requirement related to the price movements, both positive and negative, on futures contracts held by the Funds by keeping cash on deposit with the Commodity Broker (as defined below). These amounts are shown as segregated cash held by broker in the Combined Statements of Assets and Liabilities. Each Fund deposits cash or United States Treasury Obligations, as applicable, with the FCM subject to the CFTC regulations and various exchange and broker requirements. The combination of each Fund’s deposits with the FCM of cash and United States Treasury Obligations, as applicable, and the unrealized gain or loss on open futures contracts (variation margin) represents each Fund’s overall equity in its brokerage trading account. The Funds use their cash held by the FCM to satisfy individual variation margin requirements. The Funds earn interest on their cash deposited with the FCM and interest income is recorded on the accrual basis.
Final Net Asset Value for Fiscal Period	(e) Final Net Asset Value for Fiscal Period The calculation time of the Fund’s final net asset value for creation and redemption of Fund shares for the three months ended September 30, 2024 and September 30, 2023 was at 4:00 p.m. Eastern Time on September 30, 2024 and September 29, 2023, respectively. Although the Fund’s shares may continue to trade on secondary markets subsequent to the calculation of the final NAV, the 4:00 p.m. Eastern Time represented the final opportunity to transact in creation or redemption baskets for the three months ended September 30, 2024 and September 30, 2023. Fair value per share is determined at the close of the NYSE Arca. For financial reporting purposes, each Fund values its investment positions based upon the final closing price in their primary markets. Accordingly, the investment valuations in these interim combined financial statements differ from those used in the calculations of the Fund’s final creation/redemption NAVs at September 30, 2024 and September 30, 2023.
Investment Valuation	(f) Investment Valuation Short-term investments, excluding U.S. Treasury Bills, are carried at amortized cost, which approximates fair value. U.S. Treasury Bills, when held by the Funds, are valued as determined by an independent pricing service based on methods which include consideration of: yields or prices of securities of comparable quality, coupon, maturity and type; indications as to values from dealers; and general market conditions. Money market investments are valued at their traded net asset value. Futures and options contracts are valued at the last settled price on the applicable exchange on which that futures and/or options contract trades.
Financial Instruments and Fair Value	(g) Financial Instruments and Fair Value Each Fund discloses the fair value of its investments in accordance with the Financial Accounting Standards Board (“FASB”) fair value measurement and disclosure guidance which requires a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The disclosure requirements establish a fair value hierarchy that distinguishes between: (1) market participant assumptions developed based on market data obtained from sources independent to the Fund (observable inputs); and (2) the Fund’s own assumptions about market participant assumptions developed based on the best information available under the circumstances (unobservable inputs). The three levels defined by the disclosure requirements hierarchy are as follows: Level I: Quoted prices (unadjusted) in active markets for identical assets and liabilities that the reporting entity has the ability to access at the measurement date. Level II: Inputs other than quoted prices included within Level I that are observable for the asset or liability, either directly or indirectly. Level II inputs include the following: quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability, and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market-corroborated inputs). Level III: Unobservable pricing input at the measurement date for the asset or liability. Unobservable inputs shall be used to measure fair value to the extent that observable inputs are not available. In some instances, the inputs used to measure fair value might fall in different levels of the fair value hierarchy. The level in the fair value hierarchy within which the fair value measurement in its entirety falls shall be determined based on the lowest input level that is significant to the fair value measurement in its entirety. Fair value measurements also require additional disclosure when the volume and level of activity for the asset or liability have significantly decreased, as well as when circumstances indicate that a transaction is not orderly. The following tables summarize BDRY’s valuation of investments at September 30, 2024 and at June 30, 2024 using the fair value hierarchy: September 30, 2024 (unaudited) Short-Term (a) Futures (b) Total Level I – Quoted Prices $ 2,699,007 $ (106,225 ) $ 2,592,782 a – Included in Investments in securities in the Combined Statements of Assets and Liabilities. b – Included in Payable on open futures contracts and Unrealized depreciation on futures contracts in the Combined Statements of Assets and Liabilities. June 30, 2024 Short-Term (a) Futures (b) Total Level I – Quoted Prices $ 8,348,195 $ (788,675 ) $ 7,599,520 a – Included in Investments in securities in the Combined Statements of Assets and Liabilities. b – Included in Payable on open futures contracts in the Combined Statements of Assets and Liabilities. Transfers between levels are recognized at the end of the reporting period. During the three months ended September 30, 2024 and the year ended June 30, 2024, BDRY recognized no transfers from Level I, Level II or Level III. The following tables summarize BWET’s valuation of investments at September 30, 2024 and at June 30, 2024 using the fair value hierarchy: September 30, 2024 (unaudited) Short-Term (a) Futures (b) Total Level I – Quoted Prices $ 1,766,006 $ (150,358 ) $ 1,615,648 a – Included in Investments in securities in the Combined Statements of Assets and Liabilities. b – Included in Unrealized depreciation on futures contracts in the Combined Statements of Assets and Liabilities June 30, 2024 Short-Term (a) Futures (b) Total Level I – Quoted Prices $ 1,029,920 $ (115,880 ) $ 914,040 a – Included in Investments in securities in the Combined Statements of Assets and Liabilities. b – Included in Receivable on open futures contracts in the Combined Statements of Assets and Liabilities. Transfers between levels are recognized at the end of the reporting period. During the three months ended September 30, 2024 and the year ended June 30, 2024, BWET recognized no transfers from Level I, Level II or Level III. The inputs or methodology used for valuing investments are not necessarily an indication of the risk associated with investing in those securities.
Investment Transactions and Related Income	h) Investment Transactions and Related Income Investment transactions are recorded on the trade date. All such transactions are recorded on the identified cost basis, and marked to market daily. Unrealized gain/loss on open futures contracts is reflected in Receivable/Payable on open futures contracts in the Combined Statements of Assets and Liabilities and the change in the unrealized gain/loss between periods is reflected in the Combined Statements of Operations. The Funds interest earned on short-term securities and on cash deposited with Marex Financial Ltd. is accrued daily and reflected as Interest Income, when applicable, in the Combined Statements of Operations.
Federal Income Taxes	(i) Federal Income Taxes Each Fund is registered as a Delaware statutory trust and is treated as a partnership for U.S. federal income tax purposes. Accordingly, the Funds do not expect to incur U.S. federal income tax liability; rather, each beneficial owner is required to take into account their allocable share of the Funds’ income, gain, loss, deductions and other items for the Funds’ taxable year ending with or within the beneficial owner’s taxable year. Management of the Funds has reviewed the open tax years and major jurisdictions and concluded that there is no tax liability resulting from unrecognized tax benefits relating to uncertain income tax positions taken or expected to be taken in future tax returns at September 30, 2024 and June 30, 2024. The Funds are also not aware of any tax positions for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly change in the next twelve months. On an ongoing basis, management will monitor its tax positions taken to determine if adjustments to its conclusions are necessary based on factors including, but not limited to, further implementation of guidance expected from the FASB and on-going analysis of tax law, regulation, and interpretations thereof. The Funds’ federal tax returns are subject to examination by the Internal Revenue Service for a period of three years after they are filed.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Tables)	3 Months Ended
Summary of Significant Accounting Policies (Tables)	Sep. 30, 2024
Summary of Significant Accounting Policies [Abstract]
Schedule of Fair Value Hierarchy Valuation of Investments	The following tables summarize BDRY’s valuation of investments at September 30, 2024 and at June 30, 2024 using the fair value hierarchy: September 30, 2024 (unaudited) Short-Term (a) Futures (b) Total Level I – Quoted Prices $ 2,699,007 $ (106,225 ) $ 2,592,782 a – Included in Investments in securities in the Combined Statements of Assets and Liabilities. b – Included in Payable on open futures contracts and Unrealized depreciation on futures contracts in the Combined Statements of Assets and Liabilities. June 30, 2024 Short-Term (a) Futures (b) Total Level I – Quoted Prices $ 8,348,195 $ (788,675 ) $ 7,599,520 a – Included in Investments in securities in the Combined Statements of Assets and Liabilities. b – Included in Payable on open futures contracts in the Combined Statements of Assets and Liabilities. September 30, 2024 (unaudited) Short-Term (a) Futures (b) Total Level I – Quoted Prices $ 1,766,006 $ (150,358 ) $ 1,615,648 a – Included in Investments in securities in the Combined Statements of Assets and Liabilities. b – Included in Unrealized depreciation on futures contracts in the Combined Statements of Assets and Liabilities June 30, 2024 Short-Term (a) Futures (b) Total Level I – Quoted Prices $ 1,029,920 $ (115,880 ) $ 914,040 a – Included in Investments in securities in the Combined Statements of Assets and Liabilities. b – Included in Receivable on open futures contracts in the Combined Statements of Assets and Liabilities.

Investments (Tables)

Investments (Tables)	3 Months Ended
Investments (Tables)	Sep. 30, 2024
Investments [Abstract]
Schedule of Average Derivative Volume	Average Derivative Volume, for the three months ended September 30, 2024 Fund Monthly Monthly Breakwave Dry Bulk Shipping ETF 490 $ 9,503,250 Breakwave Tanker Shipping ETF 78 $ 1,152,096 Amplify Commodity Trust (combined) 568 $ 10,655,346 Fund Monthly Monthly Breakwave Dry Bulk Shipping ETF 782 $ 15,359,875 Breakwave Tanker Shipping ETF 117 $ 1,543,866 Amplify Commodity Trust (combined) 898 $ 16,903,741
Schedule of Average Derivative Volume	Fair Value of Derivative Instruments, as of September 30, 2024 Asset Derivatives Liability Derivatives Derivatives Combined Statements of Fair Value Combined Statements of Fair Value (a) Total Dry Bulk Index Rates Market Risk Receivable on open futures contracts and unrealized appreciation on futures contracts $ 705,540 Payable on open futures contracts and Unrealized depreciation on futures contracts $ 811,865 $ 106,225 (a) Represents cumulative depreciation of futures contracts as reported in the Combined Statements of Assets and Liabilities. Asset Derivatives Liability Derivatives Derivatives Combined Statements of Fair Value Combined Statements of Fair Value (a) Dry Bulk Index Rates Market Risk $ - Payable on open futures contracts $ 788,675 Asset Derivatives Liability Derivatives Derivatives Combined Statements of Fair Value Combined Statements of Fair Value (a) Total Crude Oil Tanker Index Rates Market Risk Unrealized appreciation on futures contracts $ 19,852 Unrealized depreciation on futures contracts $ 170,210 $ 150,358 Asset Derivatives Liability Derivatives Derivatives Combined Statements of Fair (a) Combined Statements of Fair (a) Crude Oil Tanker Index Rates Market Risk $ -- Payable on open futures contracts $ 115,880
Schedule of Effect of Derivative Instruments on the Statements of Operations	For the Three Months Ended September 30, 2024 Derivatives Location of Gain (Loss) on Derivatives Realized Change in Dry Bulk Index Rates Market Risk Net realized loss on futures contracts and/or change in unrealized gain (loss) on futures contracts $ (4,844,019 ) $ 682,450 Derivatives Location of Gain (Loss) on Derivatives Realized Change in Dry Bulk Index Rates Market Risk Net realized loss futures contracts and/or change in unrealized gain (loss) on futures contracts $ (18,251,265 ) $ 19,736,724 Derivatives Location of Gain (Loss) on Derivatives Realized Change in Crude Oil Tanker Index Rates Market Risk Net realized loss on futures contracts and/or change in unrealized gain (loss) on futures contracts $ (292,642 ) $ (34,478 ) Derivatives Location of Gain (Loss) on Derivatives Realized Change in Crude Oil Tanker Index Rates Market Risk Net realized gain on futures contracts and/or change in unrealized gain (loss) on futures contracts $ 33,625 $ (896,689 )

Creations and Redemptions (Tabl

Creations and Redemptions (Tables)	3 Months Ended
Creations and Redemptions (Tables)	Sep. 30, 2024
Creations and Redemptions [Abstract]
Schedule of Share Transactions	Summary of Share Transactions for the Three Months Ended September 30, 2024 Shares Net Assets Shares Sold - $ - Shares Redeemed (950,000 ) (10,519,068 ) Net Decrease (950,000 ) $ (10,519,068 ) Summary of Share Transactions for the Three Months Ended September 30, 2023 Shares Net Assets Shares Sold 2,800,000 $ 13,563,318 Shares Redeemed (1,800,000 ) (9,659,505 ) Net Increase 1,000,000 $ 3,903,813 Summary of Share Transactions for the Three Months Ended September 30, 2024 Shares Net Assets Shares Sold 75,000 $ 1,218,568 Shares Redeemed - - Net Increase 75,000 $ 1,218,568 Summary of Share Transactions for the Three Months Ended September 30, 2023 Shares Net Assets Shares Sold - $ - Shares Redeemed (100,000 ) (1,716,210 ) Net Decrease (100,000 ) $ (1,716,210 )

Net Asset Value and Financial_2

Net Asset Value and Financial Highlights (Tables)	3 Months Ended
Net Asset Value and Financial Highlights (Tables)	Sep. 30, 2024
Net Asset Value and Financial Highlights [Abstract]
Schedule of Net Investment Income (Loss) and Expense Ratios	An individual investor’s return and ratios may vary based on the timing of their transactions in Fund Shares. BREAKWAVE DRY BULK BREAKWAVE TANKER SHIPPING ETF SHIPPING ETF For the Three Months Ended For the Three Months Ended 2024 2023 2024 2023 Net Asset Value Net asset value per Share, beginning of period $ 12.13 $ 5.53 $ 16.69 $ 20.83 Net investment loss* (0.02 ) (0.01 ) (0.05 ) (0.21 ) Net realized and unrealized loss (1.40 ) (0.02 ) (1.79 ) (5.14 ) Net Loss (1.42 ) (0.03 ) (1.84 ) (5.35 ) Net Asset Value per Share, end of period $ 10.71 $ 5.50 $ 14.85 $ 15.48 Market Value per Share, end of period $ 10.74 $ 5.49 $ 14.76 $ 15.77 Ratios to Average Net Assets Expense Ratio 4.42 % 4.27 % 4.98 % 5.25 % Expense Ratio** before Waiver/Assumption 5.65 % 4.27 % 16.93 % 16.46 % Net Investment Income (Loss) (2.00 )% (1.00 )% (13.17 )% (4.52 )% Total Return, at Net Asset Value* (11.65 )% (0.54 )% (11.05 )% (25.68 )% Total Return, at Market Value*** (12.25 )% (1.08 )% (12.12 )% (24.47 )% * Calculated based on average shares outstanding during the period. Percentages are annualized * Percentages are not annualized **** Fund expenses have been capped at 3.50% of average daily net assets, plus brokerage commissions, interest expense, and extraordinary expenses, if any.

Organization (Details)

Organization (Details) - Customer Concentration Risk [Member]	3 Months Ended
	Sep. 30, 2024
Capesize Freight Futures Contracts [Member] \| Breakwave Dry Bulk Shipping ETF [Member]
Organization [Line Items]
Concentration risk percentage	50%
Panamax Freight Futures Contracts [Member] \| Breakwave Dry Bulk Shipping ETF [Member]
Organization [Line Items]
Concentration risk percentage	40%
Supramax Freight Futures Contracts [Member] \| Breakwave Dry Bulk Shipping ETF [Member]
Organization [Line Items]
Concentration risk percentage	10%
Freight Futures Position [Member] \| Breakwave Dry Bulk Shipping ETF [Member] \| Minimum [Member]
Organization [Line Items]
Concentration risk percentage	10%
Freight Futures Position [Member] \| Breakwave Dry Bulk Shipping ETF [Member] \| Maximum [Member]
Organization [Line Items]
Concentration risk percentage	40%
Freight Futures Position [Member] \| Breakwave Tanker Shipping ETF [Member] \| Minimum [Member]
Organization [Line Items]
Concentration risk percentage	10%
Freight Futures Position [Member] \| Breakwave Tanker Shipping ETF [Member] \| Maximum [Member]
Organization [Line Items]
Concentration risk percentage	40%
TD3C Freight Futures contracts [Member] \| Breakwave Tanker Shipping ETF [Member]
Organization [Line Items]
Concentration risk percentage	90%
TD20 Freight Futures Contracts [Member] \| Breakwave Tanker Shipping ETF [Member]
Organization [Line Items]
Concentration risk percentage	10%

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Details)	3 Months Ended
Summary of Significant Accounting Policies (Details)	Sep. 30, 2024
Summary of Significant Accounting Policies [Abstract]
Federal tax returns period	3 years

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details) - Schedule of Fair Value Hierarchy Valuation of Investments - Level I [Member] - USD ($)		Sep. 30, 2024		Jun. 30, 2024
BDRY [Member]
Schedule of Fair Value Hierarchy Valuation of Investments [Line Items]
Short-Term Investments	[1]	$ 2,699,007		$ 8,348,195
Futures Contracts		(106,225)	[2]	(788,675)	[3]
Total		2,592,782		7,599,520
BWET [Member]
Schedule of Fair Value Hierarchy Valuation of Investments [Line Items]
Short-Term Investments	[1]	1,766,006		1,029,920
Futures Contracts		(150,358)	[4]	(115,880)	[5]
Total		$ 1,615,648		$ 914,040

[1] Included in Investments in securities in the Combined Statements of Assets and Liabilities. Included in Payable on open futures contracts and Unrealized depreciation on futures contracts in the Combined Statements of Assets and Liabilities. Included in Payable on open futures contracts in the Combined Statements of Assets and Liabilities. Included in Unrealized depreciation on futures contracts in the Combined Statements of Assets and Liabilities Included in Receivable on open futures contracts in the Combined Statements of Assets and Liabilities.

Investments (Details) - Schedul

Investments (Details) - Schedule of Average Derivative Volume - USD ($)	Sep. 30, 2024	Jun. 30, 2023
BreakWave Dry Bulk Shipping ETF [Member]
Schedule of Investments [Line Items]
Monthly Average Quantity	490	782
Monthly Average Notional Value	$ 9,503,250	$ 15,359,875
BreakWave Tanker Shipping ETF [Member]
Schedule of Investments [Line Items]
Monthly Average Quantity	78	117
Monthly Average Notional Value	$ 1,152,096	$ 1,543,866
Amplify Commodity Trust (combined) [Member]
Schedule of Investments [Line Items]
Monthly Average Quantity	568	898
Monthly Average Notional Value	$ 10,655,346	$ 16,903,741

Investments (Details) - Sched_2

Investments (Details) - Schedule of Fair Value of Derivative Instruments - Interest Rate Risk [Member] - USD ($)		3 Months Ended		12 Months Ended
		Sep. 30, 2024		Jun. 30, 2024
Dry Bulk Index Rates Market Risk [Member]
Schedule of Fair Value of Derivative Instruments [Line Items]
Total		$ 106,225
Dry Bulk Index Rates Market Risk [Member] \| Asset Derivatives [Member]
Schedule of Fair Value of Derivative Instruments [Line Items]
Combined Statements of Assets and Liabilities		Receivable on open futures contracts and unrealized appreciation on futures contracts
Fair Value		$ 705,540
Dry Bulk Index Rates Market Risk [Member] \| Liability Derivatives [Member]
Schedule of Fair Value of Derivative Instruments [Line Items]
Combined Statements of Assets and Liabilities	[1]	Payable on open futures contracts and Unrealized depreciation on futures contracts		Payable on open futures contracts
Fair Value		$ 811,865		$ 788,675
Crude Oil Tanker Index Rates Market Risk [Member]
Schedule of Fair Value of Derivative Instruments [Line Items]
Total		$ 150,358
Crude Oil Tanker Index Rates Market Risk [Member] \| Asset Derivatives [Member]
Schedule of Fair Value of Derivative Instruments [Line Items]
Combined Statements of Assets and Liabilities		Unrealized appreciation on futures contracts
Fair Value		$ 19,852	[1]
Crude Oil Tanker Index Rates Market Risk [Member] \| Liability Derivatives [Member]
Schedule of Fair Value of Derivative Instruments [Line Items]
Combined Statements of Assets and Liabilities		Unrealized depreciation on futures contracts		Payable on open futures contracts	[1]
Fair Value		$ 170,210		$ 115,880

[1] Represents cumulative depreciation of futures contracts as reported in the Combined Statements of Assets and Liabilities.

Investments (Details) - Sched_3

Investments (Details) - Schedule of Effect of Derivative Instruments on the Statements of Operations - Breakwave Dry Bulk Shipping ETF [Member] - USD ($)	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Dry Bulk Index Rates Market Risk [Member]
Schedule of Effect of Derivative Instruments on the Statements of Operations [Line Items]
Location of Gain (Loss) on Derivatives	Net realized loss on futures contracts and/or change in unrealized gain (loss) on futures contracts	Net realized loss futures contracts and/or change in unrealized gain (loss) on futures contracts
Realized Loss on Derivatives Recognized in Income	$ (4,844,019)	$ (18,251,265)
Change in Unrealized Gain (Loss) on Derivatives Recognized in Income	$ 682,450	$ 19,736,724
Crude Oil Tanker Index Rates Market Risk [Member]
Schedule of Effect of Derivative Instruments on the Statements of Operations [Line Items]
Location of Gain (Loss) on Derivatives	Net realized loss on futures contracts and/or change in unrealized gain (loss) on futures contracts	Net realized gain on futures contracts and/or change in unrealized gain (loss) on futures contracts
Realized Loss on Derivatives Recognized in Income	$ (292,642)	$ 33,625
Change in Unrealized Gain (Loss) on Derivatives Recognized in Income	$ (34,478)	$ (896,689)

Agreements (Details)

Agreements (Details) - USD ($)			3 Months Ended
Agreements (Details) - USD ($)	Aug. 14, 2023	Aug. 13, 2023	Sep. 30, 2024	Sep. 30, 2023
Agreements [Line Items]
Waiver of CTA fee amount			$ 102,562	$ 12,783
Aggregate expenses			12,512	12,576
Sponsor expenses			73,835	86,109
Paid to bank			31,759	31,633
Distribution services and related administrative services	$ 10,000
Distribution and related administrative services			5,770	7,896
Support fees			20,093	31,112
Brokerage commissions			79,647	207,802
Trustee fees			$ 1,288
Investment company average daily net assets percentage			3.50%
Fund expenses				2,959
Sponsor amounted				86,109
BDRY [Member]
Agreements [Line Items]
Future repayments			$ 116,248
Aggregate expenses			0	0
Support fees			15,266	26,018
Trustee fees			644	628
BWET [Member]
Agreements [Line Items]
Future repayments			498,585
Support fees			4,827	5,094
Trustee fees			644	628
CTA fee waive fees			10,193	12,783
Sponsor amounted			73,835
Average Assets Under Management [Member]
Agreements [Line Items]
Custody fees			4,800
June 30, 2027 [Member]
Agreements [Line Items]
Future repayments			333,888
June 30, 2027 [Member] \| BDRY [Member]
Agreements [Line Items]
Future repayments			23,879
June 30, 2028 [Member]
Agreements [Line Items]
Future repayments			84,028
June 30, 2028 [Member] \| BDRY [Member]
Agreements [Line Items]
Future repayments			92,369
June 30, 2026 [Member]
Agreements [Line Items]
Future repayments			$ 80,669
Sponsors Advisory Services [Member] \| ETFMG Financial LLC [Member]
Agreements [Line Items]
Average daily net assets percentage		0.02%
Average daily net assets		$ 15,000
Sponsor Fee [Member]
Agreements [Line Items]
Average daily net assets percentage			0.15%
Average daily net assets			$ 125,000
Average Assets Under Management [Member]
Agreements [Line Items]
Average daily net assets percentage			0.01%
Average daily net assets			$ 45,000
Average Assets Under Management [Member] \| U.S. Bank [Member]
Agreements [Line Items]
Average daily net assets percentage			0.05%
Breakwave Dry Bulk Shipping ETF [Member]
Agreements [Line Items]
Average daily net assets percentage			1.45%
Average daily net assets			$ 25,000
Waiver of CTA fee amount			92,369
Aggregate expenses			6,256	6,288
Sponsor expenses
Paid to bank			16,089	16,597
Distribution and related administrative services			3,937	3,949
Support fees			$ 15,266	26,018
Brokerage commissions fees			0.40%
Brokerage commissions			$ 69,277	192,298
Trustee fees			$ 644
Investment company average daily net assets percentage			3.50%
Other expense			$ 424,449	701,671
Fund expenses				1,062
Breakwave Dry Bulk Shipping ETF [Member] \| Sponsor [Member]
Agreements [Line Items]
Fund expenses			$ 0	0
Breakwave Dry Bulk Shipping ETF [Member] \| Sponsor Fee [Member]
Agreements [Line Items]
Average daily net assets percentage			0.12%
Brokerage commissions				192,298
Breakwave Dry Bulk Shipping ETF [Member] \| Management Fee [Member]
Agreements [Line Items]
Average daily net assets percentage			3.50%
Breakwave Dry Bulk Shipping ETF [Member] \| Service Fee [Member]
Agreements [Line Items]
Average daily net assets percentage			1.45%
Breakwave Dry Bulk Shipping ETF [Member] \| CTA Fee [Member]
Agreements [Line Items]
Waiver of CTA fee amount			$ 92,369	0
Breakwave Tanker Shipping ETF [Member]
Agreements [Line Items]
Average daily net assets percentage			0.15%
Average daily net assets			$ 15,000
Waiver of CTA fee amount			10,193	12,783
Aggregate expenses			6,256	6,288
Sponsor expenses			73,835	86,109
Paid to bank			15,670	15,036
Distribution and related administrative services			1,833	3,947
Support fees			$ 4,827	5,094
Brokerage commissions fees			1.35%
Brokerage commissions			$ 10,370	15,504
Trustee fees			$ 644
Fund expenses				1,897
Breakwave Tanker Shipping ETF [Member] \| Sponsor Fee [Member]
Agreements [Line Items]
Average daily net assets percentage			0.30%
Average daily net assets			$ 50,000
Paid to bank			$ 119,002	145,141
Brokerage commissions				15,504
Breakwave Tanker Shipping ETF [Member] \| CTA Fee [Member]
Agreements [Line Items]
Average daily net assets percentage			3.50%
Waiver of BWET’s CTA fees			$ 10,193	$ 12,783

Creations and Redemptions (Deta

Creations and Redemptions (Details)	Sep. 30, 2024 USD ($) shares
Creations and Redemptions [Abstract]
Number of shares \| shares	25,000
Transaction fee \| $	$ 300

Creations and Redemptions (De_2

Creations and Redemptions (Details) - Schedule of Share Transactions - USD ($)	3 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Breakwave Dry Bulk Shipping ETF [Member]
Schedule of Share Transactions [Line Items]
Shares Sold		2,800,000
Shares Sold, Net Assets Increase		$ 13,563,318
Shares Redeemed	(950,000)	(1,800,000)
Shares Redeemed, Net Assets Increase	$ (10,519,068)	$ (9,659,505)
Net Increase	(950,000)	1,000,000
Net Increase, Net Assets Increase	$ (10,519,068)	$ 3,903,813
Breakwave Tanker Shipping ETF [Member]
Schedule of Share Transactions [Line Items]
Shares Sold	75,000
Shares Sold, Net Assets Increase	$ 1,218,568
Shares Redeemed		(100,000)
Shares Redeemed, Net Assets Increase		$ (1,716,210)
Net Increase	75,000	(100,000)
Net Increase, Net Assets Increase	$ 1,218,568	$ (1,716,210)

Net Asset Value and Financial_3

Net Asset Value and Financial Highlights (Details)	3 Months Ended
Net Asset Value and Financial Highlights (Details)	Sep. 30, 2024
Net Asset Value and Financial Highlights [Abstract]
Percentage of average daily net asset	3.50%

Net Asset Value and Financial_4

Net Asset Value and Financial Highlights (Details) - Schedule of Net Investment Income (Loss) and Expense Ratios - $ / shares		3 Months Ended
		Sep. 30, 2024	Sep. 30, 2023
BreakWave Dry Bulk Shipping ETF [Member]
Net Asset Value
Net asset value per Share, beginning of period		$ 12.13	$ 5.53
Net investment loss	[1]	(0.02)	(0.01)
Net realized and unrealized loss		(1.4)	(0.02)
Net Loss		(1.42)	(0.03)
Net Asset Value per Share, end of period		10.71	5.5
Market Value per Share, end of period		$ 10.74	$ 5.49
Ratios to Average Net Assets**
Expense Ratio	[2]	4.42%	4.27%
Expense Ratio**** before Waiver/Assumption	[3]	5.65%	4.27%
Net Investment Income (Loss)		(2.00%)	(1.00%)
Total Return, at Net Asset Value	[4]	(11.65%)	(0.54%)
Total Return, at Market Value	[4]	(12.25%)	(1.08%)
BreakWave Tanker Shipping ETF [Member]
Net Asset Value
Net asset value per Share, beginning of period		$ 16.69	$ 20.83
Net investment loss	[1]	(0.05)	(0.21)
Net realized and unrealized loss		(1.79)	(5.14)
Net Loss		(1.84)	(5.35)
Net Asset Value per Share, end of period		14.85	15.48
Market Value per Share, end of period		$ 14.76	$ 15.77
Ratios to Average Net Assets**
Expense Ratio	[2]	4.98%	5.25%
Expense Ratio**** before Waiver/Assumption	[3]	16.93%	16.46%
Net Investment Income (Loss)		(13.17%)	(4.52%)
Total Return, at Net Asset Value	[4]	(11.05%)	(25.68%)
Total Return, at Market Value	[4]	(12.12%)	(24.47%)

[1]Calculated based on average shares outstanding during the period.[2]Percentages are annualized[3] Fund expenses have been capped at 3.50% of average daily net assets, plus brokerage commissions, interest expense, and extraordinary expenses, if any. Percentages are not annualized