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Combined Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net (loss) income $ (78,172,611) $ 82,415,019 $ 56,155,237
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:      
Net change in unrealized depreciation (appreciation) on commodity and cryptocurrency futures contracts 33,905,514 29,744,871 (35,293,415)
Changes in operating assets and liabilities:      
Due from broker (60,950,291) (613,126) 4,252
Interest receivable (300,369) 0 (16,732)
Other assets (8,069) (962) 9,681
Due to broker (888,877) (26,389,281) 22,138,032
Management fee payable to Sponsor 205,103 (36,930) 122,811
Payable for purchases of commercial paper (13,050) (9,995,298) 9,995,298
Other liabilities (37,523) 57,885 32,801
Net cash (used in) provided by operating activities (106,260,173) 75,182,178 53,147,965
Cash flows from financing activities:      
Proceeds from sale of Shares 1,249,793,734 176,654,005 305,412,019
Redemption of Shares (935,239,671) (297,814,864) (215,240,207)
Net change in cost of the Underlying Funds (26,443,537) (11,187,671) (23,367)
Net cash provided by (used in) financing activities 288,110,526 (132,348,530) 90,148,445
Net change in cash and cash equivalents 181,850,353 (57,166,352) 143,296,410
Cash and cash equivalents, beginning of period 252,211,943 309,378,295 166,081,885
Cash and cash equivalents, end of period $ 434,062,296 $ 252,211,943 $ 309,378,295