Company: DEFI
Filing Date: 2025-03-27
Form Type: 424B3
Source: 0001999371-25-003249
Chunk: 211

Company: Tidal Commodities Trust I
Filing Date: 2025-03-27
Form: 424B3
Chunk 211
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 (5.96 | )% |  1.63 | %   |
| March                 |   3.32 | %  |  2.71 | %  |  6.09 | %   |
| April                 |  (4.62 | )% | (0.35 | )% | (5.26 | )%  |
| May                   |  (3.70 | )% | (2.15 | )% |  5.81 | %   |
| June                  | (15.67 | )% |  9.46 | %  | (4.92 | )%  |
| July                  |   9.99 | %  |  6.58 | %  |  6.30 | %   |
| August                |  (4.56 | )% | (3.38 | )% | (2.68 | )%  |
| September             | (11.33 | )% | (4.08 | )% | (0.03 | )%+ |
| October               |   5.73 | %  | (0.30 | )% |     – | %   |
| November              |   5.57 | %  |  9.85 | %  |     – | %   |
| December              |  (3.77 | )% |  7.25 | %  |     – | %   |
| Annual Rate of Return | (16.47 | )% | 34.53 | %  |  4.66 | %   |

+ For the partial month ended September 5, 2024.

<div align='center'>125</div>

CNIC ICE US Carbon Neutral Power Futures Index ETF (TICKER: AMPD)

The CNIC ICE US Carbon Neutral Power Futures Index ETF commenced trading
and investment operations on May 9, 2023. The Fund is listed on NYSE Arca and is neither: (i) a privately offered pool pursuant to Section
4(a)(2) of the 1933 Act; (ii) a multi-advisor pool as defined in CFTC Regulation 4.10(d)(2); or (iii) a principal-protected pool as defined
in CFTC Regulation 4.10(d)(3).

Units of beneficial interest issued (from inception until December 29,
2024): 200,