Teucrium Wheat
Teucrium Trading is a Vermont-based ETF sponsor offering futures-based exchange-traded funds across agricultural commodities, leveraged single-commodity exposures, and crypto assets. It serves retail investors, financial advisors, and third-party asset managers via NYSE Arca-listed products and a white-label ETF Solutions launch platform.
- Company typePrivate
- Founded2009
- HeadquartersBurlington, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What Teucrium Wheat does
Teucrium Trading, LLC is a Burlington, Vermont-based ETF sponsor founded in 2009 that designs, issues, and services exchange-traded funds providing retail and institutional investors with exposure to agricultural commodities, leveraged single-commodity exposures, and digital assets. Operating with a small team of 1–10 employees, the company sponsors more than twenty ETF products listed on NYSE Arca, ranging from single-commodity agricultural futures ETFs (WEAT, CORN, SOYB, CANE, TAGS, TILL) to leveraged and crypto-focused funds. WEAT, the Teucrium Wheat Fund, is among the firm's flagship products and has reportedly surged 24.29% year-to-date in 2026 versus DBA's 10.7% return, driven by Black Sea geopolitical supply shocks. The underlying technology stack centers on regulated fund structuring, futures-roll mechanics for agricultural products, swap-based liquidity provisioning for leveraged crypto ETFs (e.g., FalconX Bravo for XBNB), and institutional digital-asset custody partnerships (Gemini Trust, BitGo).
The product portfolio spans three layers: (1) proprietary agricultural commodity ETFs that track futures contracts and operate as CFTC-regulated commodity pools; (2) leveraged single-commodity and crypto ETFs using 2x daily reset mechanisms (CXRN, WXET, XXRP, XBNB), several of which are 1940 Act ETFs offering simplified 1099 tax reporting rather than K-1s; and (3) a sponsored funds platform built through partnerships with 21shares, 7RCC Global, xETFs, GlacierShares, and AlphaDroid, encompassing crypto index ETFs (TTOP, TXBC), thematic ETFs (TCAN, GLCR), and strategy ETFs (RSMV, YFYA, EZMO, EZRO). Hybrid products like BTCK combine spot Bitcoin exposure with regulated carbon credit futures, tracked via the 7RCC Kaiko Bitcoin Carbon Credit Index calculated by Solactive. Teucrium has also filed for the first-ever Venezuela Exposure ETF, signaling a push into single-country thematic products.
The firm monetizes primarily through recurring ETF management fees scaled to assets under management—XXRP carries a 1.89% management fee and 2.77% total annual expenses per its April 30, 2025 prospectus—with traditional agricultural funds priced at materially lower expense ratios. A second revenue stream comes from ETF Solutions by Teucrium, a white-label platform that provides sponsorship, administration, compliance, and exchange-listing infrastructure to third-party asset managers launching new ETFs. Distribution occurs through every major U.S. retail brokerage (Ally Invest, Charles Schwab, eTrade, Fidelity, Interactive Brokers, Robinhood, SoFi Invest, Vanguard) and through financial advisors; PINE Distributors LLC serves as marketing agent for the proprietary lineup. The customer base is highly fragmented across self-directed retail traders, financial advisors, and institutional ETF issuers, and Teucrium Trading LLC itself is privately held with no disclosed venture or private equity backing.
Teucrium Wheat firmographics
Firmographics- Name
- Teucrium Wheat
- Legal name
- Teucrium Trading, LLC
- Website
- https://teucrium.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Teucrium Trading is a Vermont-based ETF sponsor offering futures-based exchange-traded funds across agricultural commodities, leveraged single-commodity exposures, and crypto assets. It serves retail investors, financial advisors, and third-party asset managers via NYSE Arca-listed products and a white-label ETF Solutions launch platform.
- Ownership category
- akta.pro rank
Teucrium Wheat industry classification
Industry- Product category
- Exchange-Traded Funds (ETFs)
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Commodity Contracts Brokers & Dealers (6221), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Commodity & Precious Metals ETFs (Physical, Futures) (FSAAAFAG)
- akta.pro secondary industry
- ESG/SRI & Climate ETFs (FSAAAFAJ)
Keywords
Where Teucrium Wheat is headquartered
LocationHeadquarters
- HQ city
- Burlington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Teucrium Wheat business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain
Revenue model
- ETF Management Fees: Teucrium earns management fees based on assets under administration across its ETF products. The company collects ongoing fees from fund operations including advisory services, administration, and distribution. XXRP has a management fee of 1.89% and total annual expenses of 2.77%.
- ETF Solutions Services: Teucrium provides infrastructure services to other ETF issuers, including sponsorship, administration, compliance, and operational support for launching new exchange-traded products.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | XXRP ETF - 1.89% Management Fee, 2.77% Total Annual Expenses |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Teucrium Wheat product offering
Product offeringCore offering
Teucrium is an ETF sponsor and investment adviser that issues and manages exchange-traded funds providing exposure to agricultural commodity futures (wheat, corn, soybeans, sugar), leveraged single-commodity and cryptocurrency ETFs, and a growing suite of crypto and hybrid digital-asset ETFs. Through its ETF Solutions division, Teucrium also provides sponsor, administration, and compliance infrastructure that enables other asset managers to launch their own ETFs on NYSE Arca.
Product overview
Teucrium operates as an ETF provider offering two distinct product lines: proprietary agricultural commodity ETFs (WEAT, CORN, SOYB, CANE, TAGS, TILL) that track futures markets for corn, wheat, soybeans, sugar, and agricultural strategies; and leveraged single-commodity ETFs (CXRN, WXET) providing 2x daily exposure. Additionally, Teucrium has expanded into cryptocurrency products including leveraged crypto ETFs (XXRP, XBNB) and serves as sponsor and investment adviser for a suite of 21Shares crypto ETFs (TTOP, TXBC, TCAN, TKNS, TXXD, TXXS, TXXH) as well as third-party sponsored funds (RSMV, YFYA, GLCR, EZMO, EZRO) through its ETF Solutions platform. The company also provides white-label ETF launch services to other asset managers.
Differentiator
Problem solved
Functional benefit
Brands
- WEAT (Teucrium Wheat Fund): Provides exposure to wheat futures prices through traditional brokerage accounts.
- CORN (Teucrium Corn Fund)
- SOYB (Teucrium Soybean Fund)
- CANE (Teucrium Sugar Fund)
- TAGS (Teucrium Agricultural Fund)
- TILL (Teucrium Agricultural Strategy No K-1 ETF)
- CXRN (Teucrium 2x Daily Corn ETF)
- WXET (Teucrium 2x Daily Wheat ETF)
- XXRP (Teucrium 2x Long Daily XRP ETF)
- XBNB (Teucrium xETFs 2x Daily BNB ETF)
- BTCK (7RCC Spot Bitcoin and Carbon Credit Futures ETF)
Products and services
- WEAT | Teucrium Wheat Fund Exchange-traded fund that provides exposure to wheat futures prices through standard brokerage accounts, tracking the performance of wheat futures contracts. Designed for investors seeking commodity exposure without managing futures accounts.
- CORN | Teucrium Corn Fund Exchange-traded fund providing exposure to corn futures prices through traditional brokerage accounts, tracking corn futures market performance for investors seeking commodity diversification.
- SOYB | Teucrium Soybean Fund Exchange-traded fund providing exposure to soybean futures prices through standard brokerage accounts for investors seeking row crop commodity exposure.
- CANE | Teucrium Sugar Fund Exchange-traded fund offering exposure to sugar futures prices through traditional brokerage accounts.
- TAGS | Teucrium Agricultural Fund Exchange-traded fund providing diversified exposure to corn, wheat, soybeans, and sugar futures through a single product for investors seeking broad agricultural commodity exposure.
- TILL | Teucrium Agricultural Strategy No K-1 ETF Agricultural strategy ETF designed to provide exposure to agricultural commodities without the K-1 tax reporting burden, simplifying compliance for investors.
- CXRN | Teucrium 2x Daily Corn ETF Leveraged exchange-traded fund delivering 2x the daily return of corn futures, designed for short-term active traders seeking amplified commodity exposure.
- WXET | Teucrium 2x Daily Wheat ETF Leveraged exchange-traded fund providing 2x daily wheat futures returns for experienced traders, with amplified volatility and short-term tactical positioning.
- XXRP | Teucrium 2x Long Daily XRP ETF A 1940 Act ETF offering 2x daily return of XRP through derivatives without requiring a crypto wallet or futures account, with 1099 tax reporting. Management fee 1.89%, total annual expenses 2.77%.
- XBNB | Teucrium xETFs 2x Daily BNB ETF First U.S.-listed exchange-traded product providing 2x daily exposure to BNB cryptocurrency, actively managed with swap-based derivatives liquidity.
- BTCK | 7RCC Spot Bitcoin and Carbon Credit Futures ETF Sponsored fund allocating roughly 80% to Bitcoin and 20% to regulated carbon credit futures from EU ETS, California Cap-and-Trade, and RGGI markets, tracking the 7RCC Kaiko Bitcoin Carbon Credit Index.
- ETF Solutions (Sponsored Funds Service) ETF Solutions helps asset managers bring new ETFs to market, providing product design, NYSE Arca exchange listing, regulatory compliance, sponsorship, and ongoing administration as a white-label service.
- RSMV | Relative Strength Managed Volatility Strategy ETF Sponsored ETF implementing a relative strength managed volatility strategy for investors seeking rules-based equity exposure.
- YFYA | Yields for You Income Strategy A ETF
Quantifiable outcome
- Outperformed S&P 500 in all 7 major equity pullbacks since 2012 (Teucrium Agricultural Fund Index)
- +1 more outcomes
Companies that use Teucrium Wheat
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Teucrium Wheat technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Teucrium Wheat partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and minor.
- 7RCC Globalcore7RCC Global and Teucrium Trading launched the 7RCC Spot Bitcoin and Carbon Credit Futures ETF (ticker: BTCK) on NYSE Arca, combining Bitcoin (80% allocation) with regulated carbon credit futures (20% allocation). BTCK is a series of Teucrium Commodity Trust.
- Gemini Trust CompanycoreGemini Trust Company serves as the custodian for the Bitcoin holdings of the BTCK ETF, providing institutional-grade digital asset custody services.
- U.S. BankcoreU.S. Bank serves as custodian and administrator for the BTCK ETF, providing fund administration and asset servicing infrastructure.
- Solactive AGcoreSolactive AG serves as the index calculation partner for the BTCK ETF, providing the index methodology for the 7RCC Kaiko Bitcoin Carbon Credit Index.
- BitGocoreBitGo serves as custodian for the ETF's digital assets through a Custodial Services Agreement, while BitGo Prime facilitates spot digital asset transactions as principal through a Master Purchase Agreement for the 7RCC Spot Bitcoin and Carbon Credit Futures ETF.
- 21sharescore21shares partnered with Teucrium Investment Advisors as the investment adviser for the TCAN (21shares Canton Network ETF) product. 21shares serves as an active validator on the Canton Network and partnered with Teucrium as the investment adviser and PINE Distributors as the distributor.
- PINE DistributorscorePINE Distributors LLC serves as the distributor for TILL, CXRN, WXET, and XXRP funds, and as Marketing Agent for CORN, CANE, SOYB, WEAT, and TAGS.
- FalconX BravocoreFalconX Bravo serves as the swap-based liquidity provider for the XBNB 2x leveraged BNB ETF, providing derivatives liquidity for the fund's active management strategy.
- xETFsminorTeucrium and xETFs jointly launched the XBNB 2x Long Daily BNB ETF, the first U.S.-listed exchange-traded product offering exposure to BNB cryptocurrency.
Scale indicators3 records
Recent moves7 records
Expansion highlights5 records
Teucrium Wheat competitors and assessment
Company assessmentDirect peers
- ProShares: Manages a deep lineup of leveraged and commodity ETFs, including agricultural and ultra-short products; competes head-to-head with Teucrium's CXRN/WXET 2x commodity suite for short-horizon tactical traders.
- GraniteShares: Independent commodity and thematic ETF sponsor with a similar product DNA — single-commodity, leveraged, and short exposure — and comparable distribution through major U.S. brokerages.
- Invesco: Operates the Invesco DB Agricultural Fund (DBA), Teucrium's most direct competitor in U.S.-listed single-commodity and broad agricultural ETFs, with comparable futures-based product structures and similar advisor and retail distribution.
- 21shares: Crypto ETP specialist and a Teucrium partner/advisor; competes directly with Teucrium's XXRP, XBNB, BTCK, and TCAN while also leveraging Teucrium's sponsor infrastructure — making it a unique cooperator/competitor hybrid.
Broad incumbents
- Direxion: Long-standing leveraged and thematic ETF provider with a wide product roster; overlaps with Teucrium in daily-reset leveraged single-asset and sector products.
- VanEck: Diversified ETF sponsor with commodity (e.g., DJP), thematic, and crypto ETPs; competes across Teucrium's full agricultural and digital asset product set as a broader incumbent.
Emerging players
- Bitwise Asset Management: Specialist crypto index and spot ETF manager rapidly expanding its U.S. registered-fund lineup; competes directly with Teucrium's 1940 Act crypto index funds (TTOP/TXBC) and crypto index ETFs more broadly.
- KraneShares: Thematic ETF specialist with growing commodity and climate exposure; overlaps with Teucrium in carbon-credit-adjacent and niche thematic launches.
- Simplify Asset Management: Thematic and option-overlay ETF sponsor focused on advisor distribution; comparable as a nimble, product-led sponsor pursuing differentiated mandates in adjacent categories.
- Roundhill Investments: Thematic and leveraged ETF sponsor with strong retail brokerage presence; competes with Teucrium for tactical trader and advisor mindshare in single-theme and leveraged products.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Teucrium Wheat social profiles
Digital presenceTeucrium Wheat compliance and trust
Trust signalCompliance2 records
Teucrium Wheat financial estimates
Financial estimateRevenue estimate
Valuation estimate
Teucrium Wheat leadership team
Management profileNumber of profiles
Profiles1 record
Teucrium Wheat funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Teucrium Wheat M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Teucrium Wheat
What does Teucrium Wheat do?
Teucrium is an ETF sponsor and investment adviser that issues and manages exchange-traded funds providing exposure to agricultural commodity futures (wheat, corn, soybeans, sugar), leveraged single-commodity and cryptocurrency ETFs, and a growing suite of crypto and hybrid digital-asset ETFs. Through its ETF Solutions division, Teucrium also provides sponsor, administration, and compliance infrastructure that enables other asset managers to launch their own ETFs on NYSE Arca.
Is Teucrium Wheat a public or private company?
Teucrium Wheat is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Teucrium Wheat founded?
Teucrium Wheat was founded in 2009. It employs 1 to 10 people.
Where is Teucrium Wheat based?
Teucrium Wheat is headquartered in Burlington, United States, in the North America region.
How does Teucrium Wheat make money?
Two revenue lines are on record. ETF Management Fees are the primary driver. The others are ETF Solutions Services.
Who are Teucrium Wheat's main competitors?
Direct peers on record are ProShares, GraniteShares, Invesco and 21shares. Broad incumbents are Direxion and VanEck. Emerging players are Bitwise Asset Management, KraneShares, Simplify Asset Management and Roundhill Investments.
Does Teucrium Wheat have an API?
No public API is recorded for Teucrium Wheat.
What industry is Teucrium Wheat in?
Teucrium Wheat's product category is Exchange-Traded Funds (ETFs). Its primary akta.pro industry code is FSAAAFAG, Commodity & Precious Metals ETFs (Physical, Futures), with a secondary code of FSAAAFAJ, ESG/SRI & Climate ETFs. Its NAICS code is 5231 and its SIC code is 6221.