Company: DEFI
Filing Date: 2025-03-27
Form Type: 424B3
Source: 0001999371-25-003249
Chunk: 24

Company: Tidal Commodities Trust I
Filing Date: 2025-03-27
Form: 424B3
Chunk 24
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 in Creation Baskets is the total NAV of the Fund calculated as of the close of NYSE Arca on that day divided            
 by the number of issued and outstanding Shares.                                                                                           |

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| Inter-Series Limitation on Liability  | While the Fund                                                                                                                   
 will be a separate single series of the Trust, additional series may be created in the future. The Trust has been formed and     
 will be operated with the goal that the Fund and any other series of the Trust will be liable only for obligations of such       
 series, and a series will not be responsible for or affected by any liabilities or losses of or claims against any other series, 
 except for non-recurring, unusual or extraordinary expenses of the Trust which will be allocated as determined by the Sponsor    
 using a pro rata allocation methodology that allocates such Trust expenses to the Fund and each other series of the Trust        
 in existence at the occurrence of any such expense according to the relative net asset values of the Fund and each other series  
 of the Trust.  For a discussion of non-recurring, unusual or extraordinary expenses, see “– Fund Expenses.”                      
 If any creditor or shareholder in any particular series (such as the Fund) were to successfully assert against a series a        
 claim with respect to its indebtedness or shares, the creditor or shareholder could recover only from that particular series     
 and its assets. Accordingly, the debts and other obligations incurred, contracted for or otherwise existing solely with respect  
 to a particular series would be enforceable only against the assets of that series, and not against any other series or the      
 Trust generally or any of their respective assets. The assets of the Fund and any other series will include only those funds     
 and other assets that are paid to, held by or distributed to the series on account of and for the benefit of that series,        
 including, without limitation, amounts delivered to the Trust for the purchase of shares in a series.                            |
| Registration Clearance and Settlement | Individual certificates                                                                                                          
 are not issued for the Shares. Instead, Shares will be represented by one or more global certificates, which are deposited       
 by the transfer agent with the Depository Trust Company (“DTC”) and registered in the name of Cede & Co.,                        
 as nominee for DTC. The global certificates evidence all of the Shares outstanding at any time. Beneficial interests in Shares   
 are held through DTC’s book-entry system, which means that Shareholders are limited to: (1) purchasers in DTC