Company: DEFI
Filing Date: 2025-03-17
Form Type: S-1/A
Source: 0001387131-25-000058
Chunk: 170

Company: Tidal Commodities Trust I
Filing Date: 2025-03-17
Form: S-1/A
Chunk 170
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 Order if:

| ● | it                                                                                      
 determines that, due to position limits or otherwise, investment alternatives that will 
 enable a Fund to meet its investment objective are not available to the Fund at that    
 time;                                                                                   |

| ● | it                                                        
 determines that the Purchase Order is not in proper form; |

| ● | it                                                                                            
 believes that acceptance would have adverse tax consequences to the Fund or the Shareholders; |

| ● | the                                                                                       
 acceptance or receipt of a Creation Basket Deposit would, in the opinion of legal counsel 
 to the Sponsor, be unlawful; or                                                           |

| ● | if                                                                                         
 circumstances outside the control of the Sponsor, the Marketing Agent or the Non-Digital   
 Custodian make it for all practical purposes not feasible to process creations of Creation 
 Baskets.                                                                                   |

None of the Sponsor, the Marketing Agent, the Non-Digital Custodian or the Bitcoin Custodian will be liable for the rejection of any Purchase Order. The Marketing Agent shall notify the Authorized Purchaser of a rejection or revocation of any Purchase Order, however it is under no duty to give notification of any specific defects or irregularities in the delivery of the Creation Basket Deposit, nor shall the Marketing Agent or the Fund incur any liability for the failure to give any such notification. The Fund and Marketing Agent may not revoke a previously accepted Purchase Order.

Redemption Procedures

On any business day, an Authorized Purchaser may place an order with the Transfer Agent to redeem one or more Baskets (a “Redemption Order”). Redemption Orders must be placed by 2:00 p.m. eastern time (the “Redemption Order Cut-Off Time”), or the close of regular trading on the Exchange, whichever is earlier. A Redemption Order will be effective on the date it is accepted by the Transfer Agent (“Redemption Order Date”).

<div align='center'>82</div>

By placing a Redemption Order, an Authorized Purchaser agrees to deliver the Redemption Basket to be redeemed through DTC’s book-entry system to the Fund’s account with the Non-Digital Custodian not later than the end of the next Business Day following the effective date of the Redemption Order (“Redemption Distribution Date”) or the end of such later Business Day as agreed to by the Authorized Purchaser and the Transfer Agent in advance of when the Redemption Order is placed. Failure to consummate such delivery shall result in the cancellation of the order. Prior to the delivery of the redemption distribution for a Redemption Order, the Authorized Purchaser must also have submitted via CNS