Hashdex to become sole sponsor of DEFI ETF, pending transfer

Rhea-AI Filing Summary

Tidal Commodities Trust I announced that Tidal Investments LLC agreed to resign as Sponsor and transfer the role to Hashdex Asset Management Ltd. The Sponsor Transfer is expected to take effect during the fourth quarter of 2025. After completion, Hashdex would serve as sole sponsor of the Trust and intends to carry on the business of the Trust and its sole series, the Hashdex Bitcoin ETF.

The filing cautions there is no guarantee the Sponsor Transfer will be completed within the expected time frame, or at all. Shares of the Hashdex Bitcoin ETF trade on NYSE Arca under the symbol DEFI.

Insights

ETF governance analyst

Sponsor role expected to move to Hashdex in Q4 2025; timing not assured.

The registrant reports an agreement for Tidal Investments LLC to resign as Sponsor of Tidal Commodities Trust I, with the Sponsor role to be transferred to Hashdex Asset Management Ltd. Following completion, Hashdex would be the sole sponsor and intends to continue operating the Trust and its Hashdex Bitcoin ETF.

The notice includes a clear qualifier: there is no guarantee the transfer will be completed within the expected window. This makes the change contingent. No cash terms or operational changes are detailed in the excerpt.

Key date reference is Q4 2025 for the expected effectiveness. Subsequent disclosures may specify closing mechanics and any interim arrangements if the timeline shifts.

false 0001985840 0001985840 2025-10-27 2025-10-27 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of report (Date of earliest event reported): October 27, 2025

Tidal Commodities Trust I

(Exact Name of Registrant as Specified in Its Charter)

Delaware

(State or Other Jurisdiction of Incorporation)

001-41900		92-6468665
(Commission File Number)		(IRS Employer Identification No.)
234 West Florida Street, Suite 203 Milwaukee, WI		53204
(Address of Principal Executive Offices)		(Zip Code)

(844) 986-7700

(Registrant’s Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Shares of Hashdex Bitcoin ETF		DEFI		NYSE Arca, Inc.

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

Tidal Investments LLC (“Tidal”) entered into an agreement to resign as Sponsor to Tidal Commodities Trust I (the “Trust”) and transfer its role as the Sponsor to Hashdex Asset Management Ltd. (“Hashdex”) (the “Sponsor Transfer”). It is expected that the Sponsor Transfer will take effect during the fourth quarter of 2025. After the Sponsor Transfer, Hashdex will serve as sole sponsor of the Trust and intends to carry on the business of the Trust and its sole series Hashdex Bitcoin ETF.

There is no guarantee that the Sponsor Transfer will be completed within the expected time frame, or at all.

Item 9.01 Financial Statements and Exhibits.

Exhibit No.		Description
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	TIDAL COMMODITIES TRUST I
	By: Tidal Investments LLC, as Sponsor
	/s/ Guillermo Trias
Date: October 29, 2025	Name: Guillermo Trias
	Title: Chief Executive Officer of Tidal Investment LLC, as Sponsor

FAQ

What did Tidal Commodities Trust I (DEFI) announce in its 8-K?

Tidal Investments LLC agreed to resign as Sponsor and transfer the Sponsor role to Hashdex Asset Management Ltd. for Tidal Commodities Trust I.

When is the DEFI Sponsor Transfer expected to take effect?

The Sponsor Transfer is expected to take effect during Q4 2025.

Will Hashdex become the sole sponsor of DEFI after the transfer?

Yes. After completion, Hashdex will serve as the sole sponsor of the Trust and intends to carry on the Trust’s business and its Hashdex Bitcoin ETF.

Is the DEFI Sponsor Transfer guaranteed to occur?

No. The filing states there is no guarantee the Sponsor Transfer will be completed within the expected time frame, or at all.

Where do DEFI shares trade?

Shares of the Hashdex Bitcoin ETF trade on NYSE Arca under the symbol DEFI.

Does the filing detail financial terms of the DEFI Sponsor Transfer?

No financial terms are provided in the excerpt; the notice focuses on the Sponsor role change and expected timing.