Subsequent Events	6 Months Ended
Jun. 30, 2023
Subsequent Events [Abstract]
Subsequent Events	7. Subsequent Events In preparing these financial statements, Management has evaluated events and transactions for potential recognition or disclosure through the date these financial statements were issued. Management has determined that there are no material events that would require disclosure in the Trust’s or the Funds’ financial statements through this date other than those noted below: On July 3, 2023, ConvexityShares, LLC resigned from its position as Sponsor of the ConvexityShares Trust. Concurrently, Teucrium Trading LLC was appointed as successor sponsor to the Trust (the “Successor Sponsor”). A copy of the Form 8-K can be found here: https://www.sec.gov/ix?doc=/Archives/edgar/data/1817218/000121390023053886/ea181271-8k_convexity.htm. The total net assets of SPKY increased by $127,343, or 31%, for the period June 30, 2023 to August 10, 2023. This was driven by a 33% increase in the shares outstanding and partially offset by a 1.7% decrease in the NAV/share. The total net assets of SPKX increased by $238,429, or 33%, for the period June 30, 2023 to August 10, 2023. This was driven by a 33% increase in the shares outstanding and partially offset by a 0.4% decrease in the NAV/share.

Subsequent Events

6 Months Ended

Jun. 30, 2023

7. Subsequent Events

In preparing these financial statements, Management has evaluated events and transactions for potential recognition or disclosure through the date these financial statements were issued. Management has determined that there are no material events that would require disclosure in the Trust’s or the Funds’ financial statements through this date other than those noted below:

On July 3, 2023, ConvexityShares, LLC resigned from its position as Sponsor of the ConvexityShares Trust. Concurrently, Teucrium Trading LLC was appointed as successor sponsor to the Trust (the “Successor Sponsor”). A copy of the Form 8-K can be found here: https://www.sec.gov/ix?doc=/Archives/edgar/data/1817218/000121390023053886/ea181271-8k_convexity.htm.

The total net assets of SPKY increased by $127,343, or 31%, for the period June 30, 2023 to August 10, 2023. This was driven by a 33% increase in the shares outstanding and partially offset by a 1.7% decrease in the NAV/share.

The total net assets of SPKX increased by $238,429, or 33%, for the period June 30, 2023 to August 10, 2023. This was driven by a 33% increase in the shares outstanding and partially offset by a 0.4% decrease in the NAV/share.

ConvexityShares Trust 10-Q