Company: DEFI
Filing Date: 2025-03-25
Form Type: POS AM
Source: 0001999371-25-003118
Chunk: 27

Company: Tidal Commodities Trust I
Filing Date: 2025-03-25
Form: POS AM
Chunk 27
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 reasonable in relation to the Fund’s NAV,                
 the Fund may be forced to terminate, and investors may lose all or part of their investment. The Sponsor estimates that costs       
 could be deemed unreasonable in the case where the NAV of the fund stays below $20 million. Any expenses related to the operation   
 of the Fund would need to be paid by the Sponsor at the time of termination.                                                        |
| Management Fee | The Fund pays the                                                                                                                   
 Sponsor a Management Fee, 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.                                                             |
| Fund Expenses  | In addition to                                                                                                                      
 the Fund’s Management Fee, 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 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.     |

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|                    | Non-recurring,                                                                                                                          
 unusual or extraordinary expenses of the Trust will be allocated as determined by the Sponsor using a pro rata allocation               
 methodology