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

Company: Tidal Commodities Trust I
Filing Date: 2025-03-27
Form: 424B3
Chunk 25
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 the Administrator, Sub-Administrator, Custodian, Marketing Agent,       
 Transfer Agent, licensors, accounting and audit fees and expenses, tax preparation expenses, legal fees, ongoing SEC registration   
 fees, individual Schedule K-1 preparation and mailing fees, and report preparation and mailing expenses. The Fund pays all          
 of its non-recurring and unusual fees and expenses, if any, as determined by the Sponsor. Non-recurring and unusual fees and        
 expenses are unexpected or unusual in nature, such as legal claims and liabilities and litigation costs or indemnification          
 or other unanticipated expenses. Extraordinary fees and expenses also include material expenses which are not currently anticipated 
 obligations of the Fund. Routine operational, administrative and other ordinary expenses are not deemed extraordinary expenses.     |

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|                    | Non-recurring,                                                                                                                          
 unusual or extraordinary expenses of the Trust 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. Unusual or               
 extraordinary expenses paid by Sponsor are not subject to any caps or limits. The Trust may be required to indemnify the Sponsor,       
 and the Trust and/or the Sponsor may be required to indemnify the Trustee, Marketing Agent or Administrator, under certain              
 unusual or extraordinary circumstances. The Trust is obligated to indemnify the Bitcoin Custodian pursuant to the Bitgo Custodial       
 Service Agreement, the Cash Custodian pursuant to its agreement with the Cash Custodian, and Global Fund Services pursuant              
 to the Sub-Administration Agreement, the Transfer Agent Servicing Agreement and the Fund Accounting Agreement. Any such indemnification 
 paid by the Trust and/or Sponsor generally would cover losses incurred by an indemnified party for (1) expenses incurred by             
 a party when rendering services to the Trust or the Sponsor, (2) expenses arising from a breach of obligations or non-compliance        
 with laws, or (3) expenses arising out of the formation, operation or termination of the Trust. Unless such expenses are specifically   
 attributable the Fund or arise out of the Fund’s operations, any such expenses will be allocated by the Sponsor using                   
 a pro rata methodology that allocates certain 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