M&A - Tidal Commodities Trust I

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Form Type: POS AM

Filing Date: 2025-02-21

Corporate Action: Merger

Type: Update

Accession Number: 000183988225010345

Filing Summary: This document is a post-effective amendment to the registration statement for Tidal Commodities Trust I. It indicates that the Fund is designed to provide investors with price exposure to the bitcoin market through shares that are traded on the NYSE Arca exchange. The Fund has undergone a merger, becoming the surviving entity after combining with the Hashdex Bitcoin Futures ETF on January 3, 2024, which involved acquiring all assets and liabilities of the predecessor fund. The document provides detailed insights into the Fund's investment strategies, risks associated with bitcoin and Bitcoin Futures Contracts, and financial information, including its net asset value and performance metrics. It specifies the Fund's focus on tracking the Nasdaq Bitcoin Reference Price and the operational structure of the trust, including the roles of various service providers such as the Sponsor, Administrator, and Custodians. The risks of investing in the Fund are also thoroughly discussed, including the high volatility of bitcoin prices, regulatory challenges, and the impact of market conditions.

Document Link: View Document

Additional details:

State Of Incorporation: Delaware


Primary Standard Industrial Classification Code Number: 6799


Irs Employer Identification No: 92-6468665


Address Of Principal Executive Offices: 234 West Florida Street, Suite 203, Milwaukee, WI 53204


Phone Of Registrant: (844) 986-7700


Ceo Name: Guillermo Trias


Admin Services By: Tidal ETF Services LLC


Bitcoin Custodian: BitGo Trust Company, Inc


Cash Custodian: U.S. Bank, N.A.


Investment Objective: The Fund's investment objective is for changes in the Shares’ net asset value to reflect the daily changes of the price of the Nasdaq Bitcoin Reference Price - Settlement.


Current Net Assets: $14,839,385


Shares Outstanding: 140,000


Annual Performance: 108.91%


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