Company: DEFI
Filing Date: 2025-03-17
Form Type: S-1/A
Source: 0001387131-25-000058
Chunk: 150

Company: Tidal Commodities Trust I
Filing Date: 2025-03-17
Form: S-1/A
Chunk 150
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 from the Fund and the past performance summaries of the Related Pools below are generally not representative of how the Fund might perform in the future. No performance information is presented with respect to the Fund, which has not commenced investment operations prior to the date of this Prospectus and which will not begin trading until after the initial Creation Baskets of the Fund are purchased by the initial Authorized Purchaser (all as described in the “Plan of Distribution” section). The performance of the Fund will differ materially from the Related Pools listed below.

Performance information is set forth in accordance with CFTC regulations, since each fund’s inception of trading.

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Blueprint Chesapeake Multi-Asset Trend ETF (TICKER: TFPN)

Blueprint Chesapeake Multi-Asset Trend ETF commenced trading and investment operations on July 12, 2023. The Fund is listed on NYSE Arca and is neither: (i) a privately offered pool pursuant to Section 4(a)(2) of the 1933 Act; (ii) a multi-advisor pool as defined in CFTC Regulation 4.10(d)(2); or (iii) a principal-protected pool as defined in CFTC Regulation 4.10(d)(3).

Units of beneficial interest issued (from inception until December 31, 2024): 5,600,000

Aggregate gross sale price for units issued: $151,494,610

Pool NAV as of December 31, 2024: $140,706,872

NAV per Share as of December 31, 2024: $24.69

Worst monthly percentage drawdown*: –3.88% / December 2024

Worst peak to valley drawdown**: –6.4% / May 2024 – October 2024

PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS

Rates of Return*

| Month          | 2022 |   |    2023 |   |  2024 |   |
| January        |      | % |         | % |  0.18 | % |
| February       |      | % |         | % |  3.44 | % |
| March          |      | % |         | % |  3.15 | % |
| April          |      | % |         | % | -2.18 | % |
| May            |      | % |         | %