Company: DEFI
Filing Date: 2025-03-17
Form Type: S-1/A
Source: 0001387131-25-000058
Chunk: 197

Company: Tidal Commodities Trust I
Filing Date: 2025-03-17
Form: S-1/A
Chunk 197
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 Investments LLC), a Delaware limited liability company. The Sponsor’s principal place of business is 234 West Florida Street, Suite 203, Milwaukee, Wisconsin 53204. The Sponsor arranged for the creation of the Trust and the Fund and is responsible for the ongoing registration of the Shares for their public offering in the U.S. and the listing of Shares on the Exchange. The Sponsor serves as the Fund’s CPO and is registered as a CPO and a CTA with the CFTC. Tidal services over 175 ETFs with over $26 billion in assets across a diverse range of investment strategies. Our leadership team brings a wealth of expertise, with over 300 years of combined ETF industry experience. We have more than 75 specialized professionals dedicated to helping our clients successfully launch, manage, and grow ETFs. Our services include trust management, trading, capital markets, product development, fund administration, accounting, legal, compliance, and marketing. Tidal has been a leader in the Digital Assets space since 2015, beginning as early investors in GBTC, one of the first products to provide Bitcoin exposure. In 2018, Tidal became the sub-advisor for BLOK, an innovative, actively managed ETF focused on blockchain technology, which broke new ground by being the first ETF to allocate to spot Bitcoin ETFs. This commitment to innovation continued in 2024, when Tidal partnered with Hashdex to successfully convert their Bitcoin futures ETF into a spot Bitcoin ETF, further advancing accessibility to digital asset investments.

As consideration for its receipt of the Management Fee from the Fund, the Sponsor is obligated to pay the Sponsor-paid Expenses. The Sponsor also paid the costs of the Fund’s organization and will pay for the costs of the initial sale of the Shares. The Sponsor has agreed to pay certain operating expenses out of the Sponsor’s unified management fee. The Fund is responsible for the payment of any litigation expenses, other extraordinary expenses, and any transaction-based costs or expenses ( e.g., brokerage commissions or mark-ups). For the Sponsor’s services, the Fund is contractually obligated to pay a monthly management fee to the Sponsor, based on average daily net assets, at a rate equal to 0.68% per annum. The Fund is newly organized and as of the date of this prospectus has not paid any management fees to the Sponsor.

The Sponsor is generally responsible for the administration of the Fund pursuant to the authorities granted to it under the Trust Agreement. This includes (i) selecting and monitoring the Fund’s Service Providers and