Company: DEFI
Filing Date: 2025-03-27
Form Type: 424B3
Source: 0001999371-25-003249
Chunk: 89

Company: Tidal Commodities Trust I
Filing Date: 2025-03-27
Form: 424B3
Chunk 89
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ink the Fed’s tightening cycle, and potential for prolonged/deeper economic slowdown. |
| 3/5/2024   | -8.84%              | -7.53%             | Due to profit-taking after reaching a record high of $69,202, coupled with a tech stocks sell-off that affected broader market sentiment.                                                                                                                                                                                                         |
| 12/11/2023 | -8.63%              | -7.88%             | Primarily due to profit-taking after a substantial rally, increased miner sell-offs, and heightened market volatility.                                                                                                                                                                                                                            |
| 12/6/2021  | -8.56%              | 0.56%              | The previous session saw front-month Bitcoin futures get rejected after testing the 50-day moving average and reversing lower. Prices gapped lower on 12/06.                                                                                                                                                                                      |
| 05/08/2023 | -8.06%              | -4.83%             | Bitcoin witnessed a decline following a temporary halt of withdrawals by Binance, which lasted for several hours.                                                                                                                                                                                                                                 |
| 6/24/2024  | -7.96%              | -6.38%             | Selloff was attributed to anticipated sales from Mt. Gox repayments, German authorities liquidating seized bitcoins, and increased miner sell-offs post-halving.                                                                                                                                                                                  |
| 9/20/2021  | -7.81%              | -7.61%             | After advancing nearly 70% since July 20th prices began to retrace on September 7th. Yet it wasn’t until 09/20 that prices tested both the 50- and 100-day moving averages at the technical point where the 50-day was about to cross back above the 100-day. Suggests that this selling was technical in nature.                                 |
| 9/7/2021   | -7.75%              | -3.35%             | The selling may have been the result of profit taking as Bitcoin futures closed over $50,000 for the first time in the prior session.                                                                                                                                                                                                             |

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Tax Risk

Please refer to “U.S. Federal Income Tax Considerations” for information regarding the U.S. federal income tax consequences of the purchase, ownership and disposition of Shares.

The Fund could be treated as a corporation for U.S. federal income tax purposes, which may substantially reduce the value of