Company: DEFI
Filing Date: 2025-03-27
Form Type: 424B3
Source: 0001999371-25-003249
Chunk: 151

Company: Tidal Commodities Trust I
Filing Date: 2025-03-27
Form: 424B3
Chunk 151
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monthly in arrears, in an amount equal to 0.90% per annum of the daily NAV of the Fund. The Management Fee is paid in consideration
of the Sponsor’s services related to the management of the Fund’s business and affairs, including the provision of
commodity futures trading advisory services. Purchases of creation units with cash may cause the Fund to incur certain costs including
brokerage commissions and redemptions of creation units with cash may result in the recognition of gains or losses that the Fund
might not have incurred if it had made redemptions in-kind. The Fund pays all of its respective brokerage commissions, including
applicable exchange fees, NFA fees and give-up fees, and other transaction related fees and expenses charged in connection with
trading activities for the Fund’s investments in CFTC regulated investments. The Fund also pays all fees and commissions
related to the EFP transactions for the sale and purchase of spot bitcoin, including any bitcoin transaction fees for on-chain
transfers of bitcoin. The Fund bears other transaction costs related to the FCM capital requirements on a monthly basis. 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, Sub-Administrator, Custodian, 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 and allocated by the Sponsor using a pro rata methodology that allocates certain
Trust expenses to the Fund and each other series of the Trust in existence at the occurrence of any such expense according to the
relative net asset values of the Fund and each other series of the Trust. 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. Authorized Purchasers pay a $300
fee per order to create Creation Baskets, and a $300 fee per order for Redemption Baskets, which is paid to the Cash Custodian.
This $300 fee may not be