Company: DEFI
Filing Date: 2025-02-21
Form Type: POS AM
Source: 0001839882-25-010345
Chunk: 238

Company: Tidal Commodities Trust I
Filing Date: 2025-02-21
Form: POS AM
Chunk 238
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 the applicable series of the Trust in cases in which it is not entitled to indemnification under the Trust Agreement.

For purposes of the indemnification provisions
of the Trust Agreement, the term “Sponsor” includes, in addition to the Sponsor, any other covered person performing
services on behalf of the Trust and acting within the scope of the Sponsor’s authority as set forth in the Trust Agreement.

In the event the Trust or a series of the
Trust is made a party to any claim, dispute, demand or litigation or otherwise incurs any loss, liability, damage, cost or expense
as a result of or in connection with any Shareholder’s (or assignee’s) obligations or liabilities unrelated to Trust
business, such Shareholder (or assignees cumulatively) shall indemnify, defend, hold harmless, and reimburse the Trust or the applicable
series of the Trust for all such loss, liability, damage, cost and expense incurred, including attorneys’ and accountants’
fees.

The payment of any amount pursuant to the
Trust Agreement shall take into account the allocation of liabilities and other amounts, as appropriate, among the series of the
Trust.

Item 15.

Recent Sales of Unregistered Securities.

Not applicable.

Item 16.

Exhibits and Financial Statement Schedules.

(a) Exhibits

| 3.1 | First                                                          
 Amended and Restated Declaration of Trust and Trust Agreement1 |

| 5.1 | Opinion of K&L Gates, LLP relating to the legality of the Shares3 |

| 8.1 | Opinion of K&L Gates, LLP with respect to federal income tax consequences3 |

| 10.1 | Form of Authorized Purchaser Agreement (included as Exhibit B to the Declaration of Trust and Trust Agreement)1 |

| 10.2 | Form of Distribution Services Agreement2 |

| 10.3.1 | Form of Custody Agreement2    |
| 10.3.2 | Form                          
 of Bitcoin Custody Agreement4 |

| 10.4 | Form of Fund Accounting Servicing Agreement2 |

| 10.5 | Form of Transfer Agent Servicing Agreement2 |

| 10.6 | Form of Fund Administration Servicing Agreement2 |

| 10.7 | Amended and Restated ’33 Act Fund Platform Support Agreement5   |
| 10.8 | First Amendment to the ‘33 Act Fund Platform Support Agreement7 |
| 23.1 | Consents of K&L Gates, LLP (