Teucrium 2x Daily Corn ETF
 
Consolidated Schedule of Investments
 
September 30, 2025 (Unaudited)
 
   
TOTAL INVESTMENTS - 0.0% (Cost $0)
   
$
0
 
Money Market Deposit Account - 87.2% (a)
     
642,950
 
Other Assets in Excess of Liabilities - 12.8%
     
94,701
 
TOTAL NET ASSETS - 100.0%
   
0.0
%
   
0.0
%
 
$
737,651
 

     

Percentages are stated as a percent of net assets.
     


(a)
The U.S. Bank Money Market Deposit Account (the “MMDA”) is a short-term vehicle in which the Fund holds cash balances. The MMDA will bear interest at a variable rate that is determined based on market conditions and is subject to change daily. The rate as of September 30, 2025 was 3.95%.

Teucrium 2x Daily Corn ETF
 
Consolidated Schedule of Futures Contracts
 
September 30, 2025 (Unaudited)
 
   
Description
 
Contracts
Purchased
 
Expiration Date
 
Notional Value
   
Value / Unrealized
Appreciation
(Depreciation)
 
   Corn No. 2 Yellow Futures (a)
   
70
 
12/12/2025
 
$
1,454,250
   
$
37,283
 
Net Unrealized Appreciation (Depreciation)
   
$
37,283
 

(a) All of this security is held by CXRN Cayman.
         

Summary of Fair Value Disclosure as of September 30, 2025 (Unaudited)
 
Teucrium 2x Daily Corn ETF (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
 
Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.
 
Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.
 
Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.
 
The following is a summary of the fair valuation hierarchy of the Fund’s securities as of September 30, 2025:
 

   
Level 1
   
Level 2
   
Level 3
   
Total
 
Assets:
                       
Other Financial Instruments:
                       
  Futures Contracts*
 
$
37,283
   
$
   
$
   
$
37,283
 
Total Other Financial Instruments
 
$
37,283
   
$
   
$
   
$
37,283
 
   
* The fair value of the Fund's investment represents the unrealized appreciation (depreciation) as of September 30, 2025.