Company: DEFI
Filing Date: 2025-11-04
Form Type: POS AM
Source: 0001999371-25-016766
Chunk: 13

Company: Tidal Commodities Trust I
Filing Date: 2025-11-04
Form: POS AM
Chunk 13
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 markets, significant     
 market volatility, and cause the value of bitcoin to fluctuate quickly and without warning. 
 Depending on the timing of an investor’s purchases and sales of the Fund’s                  
 Shares, these pricing anomalies could cause the investor to incur losses.                   |

8 For additional risks, see “What Are the Risk Factors Involved with an Investment in the Fund?” Determination of NAV The Fund’s NAV is determined as of the earlier of the close of trading on NYSE Arca or 4:00 p.m. (ET) on each day that NYSE Arca is open for trading. Defined Terms For a glossary of defined terms, see Appendix A. The Fund’s Fees and Expenses The Fund will pay the unitary Management Fee of 0.25% per year of the Fund’s average daily net assets. The Management Fee is paid by the Fund to the Sponsor as compensation for services performed under the Trust Agreement. From the Management Fee, the Sponsor pays all of the routine operational, administrative and other ordinary expenses of the Fund, generally as determined by the Sponsor, including but not limited to, fees and expenses of the Administrator, Custodians, Marketing Agent, Transfer Agent, licensors, accounting and audit fees and expenses, tax preparation expenses, legal fees, ongoing SEC registration fees, individual Schedule K-1 preparation and mailing fees, and report preparation and mailing expenses. The Fund pays all of its non-recurring and unusual fees and expenses, if any, as determined by the Sponsor. Non-recurring and unusual fees and expenses are unexpected or unusual in nature, such as legal claims and liabilities and litigation costs or indemnification or other unanticipated expenses. Extraordinary fees and expenses also include material expenses which are not currently anticipated obligations of the Fund. Routine operational, administrative and other ordinary expenses are not deemed extraordinary expenses. THE OFFERING

9

| Use of Proceeds                       | The                                                                                                                              
 Sponsor applies substantially all of the Fund’s assets toward investing in bitcoin. The Fund conducts creation and redemptions   
 in cash or in-kind with certain parties who have entered into an agreement with the Sponsor (“Authorized Purchasers”).           
 Proceeds received by the Fund from the issuance of Creation Baskets consist of bitcoin or cash. Deposits of bitcoin are held     
 by the Bitcoin Custodian (as defined below) on behalf of the Fund. Deposits of cash are held by the Cash Custodian. The Sponsor  
 expects that all entities that will hold or trade the Fund’s assets will be based in the United States and will