Company: DEFI
Filing Date: 2025-02-07
Form Type: 424B3
Source: 0001999371-25-001396
Chunk: 2

Company: Tidal Commodities Trust I
Filing Date: 2025-02-07
Form: 424B3
Chunk 2
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 and other income in high credit quality, short-duration instruments or deposits associated with the pool’s cash management strategy that may be used to offset expenses. These investments may include, but are not limited to, short-term Treasury Securities, demand deposits, and money market funds. Considering various uncertain factors in the US and commodity markets, management has estimated a blended interest rate of 5.00%. This estimate assumes that 95% of the Fund will be invested in spot bitcoin and the remaining 5% has the potential to earn interest. It’s important to note that the actual rate may vary and not all assets within the Fund will necessarily earn interest. The actual rate may vary and not all assets of the Fund will earn interest. |
| (6) | This represents the estimated approximate percentage for the redemption value of a hypothetical initial investment in a single Share to equal the amount invested twelve months after the investment was made. The estimated approximate percentage of selling price is 0.52% or $0.43 per Share.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |

Effective February 10, 2025, all references in the Prospectus to the breakeven point and fund expenses will be revised to state that the total fees to be paid by the Fund are currently estimated to be 0.52% of daily net assets of the Fund and, therefore, the amount of trading income required for the redemption value of a Share at the end of one year to equal the selling price of the Share, assuming an initial price of $83.45, is $0.43, or 0.52% of the selling price.

In addition,
effective February 3, 2025, the Support Agreement between the Sponsor, Administrator, Digital Asset Adviser, and Prior Sponsor has
been amended to reflect the voluntary withdrawal of the Prior Sponsor from the Support Agreement. Accordingly, the Prior Sponsor no
longer has rights to any revenue generated by the Fund and has no further financial or operational obligations related to Fund
costs, expenses, or liabilities.

Accordingly, the section titled “OPERATION OF THE FUND – The Fund’s Service Providers – Support Agreement” on page 66 of the Prospectus is hereby deleted and replaced with the following:

Support Agreement

As noted above,
the Sponsor, Administrator and Digital Asset Adviser have entered into an agreement, as amended (the “Support Agreement”)
that sets forth the terms and conditions applicable to the launch, marketing, promotion, development, and ongoing operation of the Fund,
as well the respective rights in