Company: DEFI
Filing Date: 2025-02-21
Form Type: POS AM
Source: 0001839882-25-010345
Chunk: 106

Company: Tidal Commodities Trust I
Filing Date: 2025-02-21
Form: POS AM
Chunk 106
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 and on the cash, it holds
at financial institutions.

The Fund’s total portfolio composition
is disclosed each business day that NYSE Arca is open for trading on the Fund’s website at https://hashdex-etfs.com/defi.
The website disclosure of portfolio holdings is made daily and includes, as applicable, the security name, market price, CUSIP,
and total weight of each futures contract month reflected as a percentage, and value of bitcoin and each cash and cash equivalents
held in the Fund. The Fund’s website also includes the NAV, the 4:00 p.m. (ET) Bid/Ask Midpoint as reported by NYSE Arca,
the last trade price as reported by NYSE Arca, the Median bid-ask spread for the past 30 days, the Shares outstanding, the Shares
available for issuance. Historical premium/discount information will be updated quarterly and daily as needed. The prospectus,
Monthly Statements of Account, Quarterly Performance of the Midpoint versus the NAV (as required by the CFTC), and the Roll Dates,
as well as Forms 10-Q, Forms 10-K, and other SEC filings for the Fund, are also posted on the website. The Fund’s website
is publicly accessible at no charge.

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The Fund’s investment objective is
to provide investors with a way to gain price exposure to the bitcoin market. The Fund will invest in bitcoin and Bitcoin Futures
Contracts. The Sponsor believes that by investing in bitcoin and Bitcoin Futures Contracts, the Fund’s NAV will closely track
the Benchmark. The Sponsor also believes that because of market arbitrage opportunities, the market price at which investors will
purchase and sell Shares through their broker-dealer will closely track the Fund’s NAV. The Sponsor believes that the net
effect of these relationships is that the Fund’s market price on NYSE Arca at which investors purchase and sell Shares will
closely track the bitcoin market, as measured by the Benchmark.

An investment in the Shares can potentially
provide a means for diversifying an investor’s portfolio or hedging exposure to changes in bitcoin prices. An investment
in the Shares allows both retail and institutional investors to easily gain this exposure to the bitcoin market in a transparent,
cost-effective manner.

The Sponsor employs a “neutral”
investment strategy intended to track changes in the Benchmark regardless of whether the Benchmark goes up or goes down. The Fund’s
“neutral” investment strategy is designed to permit investors generally to purchase and