Teucrium Commodity Trust (BTCK) Reports Redemption Limits for 7RCC ETF

What Happened

• On August 31, 2026, Teucrium Trading, LLC (the Sponsor) filed an 8-K for Teucrium Commodity Trust (BTCK) reporting that the 7RCC Spot Bitcoin and Carbon Credit Futures ETF (a series of the Trust) has reached the Fund’s minimum outstanding level of 50,000 Shares (five baskets of 10,000 Shares each).
• The Sponsor announced it will reject any redemption orders that would cause the Fund’s outstanding Shares to fall below 50,000, unless the redeemer can demonstrate they own all outstanding Shares and can deliver them, consistent with the Fund’s Prospectus provisions on suspending or rejecting redemptions.

Key Details

• Minimum threshold reached: 50,000 Shares (five baskets × 10,000 Shares).
• Sponsor: Teucrium Trading, LLC; Fund trades on NYSE Arca.
• Redemption restriction: Orders that would reduce outstanding Shares below 50,000 will be rejected until additional creation orders increase outstanding Shares.
• Potential market effects noted in the filing: reduced market-maker willingness, wider bid-ask spreads, reduced liquidity, and greater potential deviation of Share price from NAV.

Why It Matters

• For investors, this is a liquidity and trading-impact disclosure: with outstanding Shares at the minimum, it may be harder to buy or sell in the secondary market and spreads may widen, increasing trading costs and the chance that the market price diverges from the Fund’s NAV.
• The filing points investors to the Fund’s Prospectus risk disclosures (under “Creation and Redemption of Shares — Suspension or Rejection of Redemption Orders” and the related risk factor) for more information.