Company: DEFI
Filing Date: 2025-11-04
Form Type: POS AM
Source: 0001999371-25-016766
Chunk: 4

Company: Tidal Commodities Trust I
Filing Date: 2025-11-04
Form: POS AM
Chunk 4
---
 read this entire prospectus, including “What Are the Risk Factors Involved with an Investment in the Fund?” beginning on page 14, before making an investment decision about the Shares. In addition, this prospectus includes a statement of additional information that follows and is bound together with the primary disclosure document. Both the primary disclosure document and the statement of additional information contain important information. Principal Offices of the Fund and the Sponsor The Fund is a series of the Trust. The principal offices of the Sponsor, the Trust and the Fund are located at 19 West 44th Street, Suite 200, New York, NY 10036. The telephone number is 800-927-9800. The Fund’s Current Net Assets and Year to Date Performance As of August 31, 2025, the Fund’s total net assets were $14,672,828 and the Fund had 120,000 shares outstanding. The performance of the Fund’s net asset value (“NAV”) per share from January 1, 2025 through August 31, 2025 was 15.36%, which depicts the change in NAV per share over the time period provided. For current information about outstanding Fund Shares and other information, see the Fund’s website at https://hashdex-etfs.com/defi. For further discussion of the Fund’s performance, see “OFFERING − Market Price of Shares and Prior Performance of Shares”. The Fund’s Investment Objective The Fund issues Shares that may be purchased and sold on NYSE Arca. The Fund’s investment objective is for changes in the Shares’ net asset value (“NAV”) to reflect the daily changes of the price of the Nasdaq Bitcoin Reference Price – Settlement (NQBTCS) (the “Benchmark”), less expenses from the Fund’s operations. In seeking to achieve its investment objective, the Fund invests in bitcoin. The Sponsor employs a passive investment strategy that is intended to track the changes in the Benchmark regardless of whether the Benchmark goes up or goes down. Because the Fund’s investment objective is to track the price of the Benchmark, the price of the Shares may vary from changes in the spot price of bitcoin. The NYSE Arca rule under which the Shares will be listed and traded prevents the Fund from utilizing leverage. ICE Data Indices, LLC calculates an approximate net asset value every 15 seconds throughout each day that the Fund’s Shares are traded on NYSE Arca for as long as the CME’s main pricing mechanism is open. The Fund, the Sponsor and the service providers,