Tidal Commodities Trust I (DEFI) details new CEO and Executive Chairman at ETF Sponsor

Rhea-AI Filing Summary

Tidal Commodities Trust I, sponsor of the Hashdex Bitcoin ETF, reported leadership changes at its sponsoring firm, Tidal Investments LLC. Effective January 1, 2026, Guillermo Trias resigned as Chief Executive Officer of the Sponsor and became its Executive Chairman, focusing on strategic oversight, long-term planning, capital allocation, and major corporate initiatives.

On the same date, Gavin Filmore was promoted to Chief Executive Officer of the Sponsor, taking responsibility for overall strategic direction, management, and operations of the Sponsor’s investment platforms. The report states that, as of its date, there are no new compensatory arrangements tied to these role changes and that officers of the Sponsor do not receive compensation from the Fund. The filing also notes there are no related-party transactions involving Mr. Trias or Mr. Filmore requiring disclosure.

Insights

ETF governance and structure analyst

Internal leadership reshuffle at the ETF Sponsor, with continuity retained at the board level.

The event describes a change in leadership at Tidal Investments LLC, the Sponsor of the Hashdex Bitcoin ETF, rather than at the Fund itself. Guillermo Trias moves from Chief Executive Officer to Executive Chairman, emphasizing strategic oversight and long-term planning, while Gavin Filmore steps into the Chief Executive Officer role overseeing day-to-day strategic and operational management.

Both executives have existing history with the Sponsor. Trias co-founded the Sponsor and previously served as Chief Executive Officer from November 2015 through December 2025. Filmore joined in August 2021, was promoted to Chief Operating Officer in July 2022, and has a background in exchange-traded products at Barclays Investment Bank. The report specifies there are no new compensatory arrangements as of the filing date and no related-party transactions requiring disclosure, suggesting the change is primarily organizational rather than transactional.

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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): January 7, 2026 (January 1, 2026)

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 5.02  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective as of January 1, 2026, Guillermo Trias resigned as the Chief Executive Officer of Tidal Investments LLC (the “Sponsor”), Sponsor of Hashdex Bitcoin ETF (the “Fund”), a series of Tidal Commodities Trust I (the “Registrant”). On the same date, Mr. Trias was appointed as the Executive Chairman of the Sponsor. As Executive Chairman, Mr. Trias will provide strategic oversight, guide long-term planning and capital allocation, support major corporate initiatives and ensure continuity of vision.

Effective January 1, 2026, Gavin Filmore has been appointed Chief Executive Officer of the Sponsor. As Chief Executive Officer, Mr. Filmore is responsible for overseeing the overall strategic direction, management, and operational aspects of the Sponsor’s investment platforms. As Chief Executive Officer, Mr. Filmore performs all other duties and enjoys all other powers which are commonly incident to the office of Chief Executive Officer of a corporation.

As of the date of this Current Report on Form 8-K, no new compensatory arrangements have been entered into with respect to Mr. Trias’ appointment as Executive Chairman of the Sponsor or with respect to Mr. Filmore’s appointment as Chief Executive Officer of the Sponsor. None of the officers of the Sponsor receive compensation from the Fund.

There are no transactions in which Messrs. Trias or Filmore have an interest requiring disclosure under Item 404(a) of Regulation S-K.

Biographical information for Messrs. Trias and Filmore is as follows:

Mr. Guillermo Trias, born in 1976, is the Co-Founder of the Sponsor and has served as the Executive Chairman of the Sponsor since January 1, 2026. In his role as Executive Chairman, he provides strategic oversight, guides long-term planning and capital allocation, supports major corporate initiatives and ensures continuity of vision. Mr. Trias previously served as the Chief Executive Officer of the Sponsor from November 2015 through December 2025. Mr. Trias was approved as a Principal of the Sponsor by the NFA on February 7, 2022. He holds a Business Administration degree from CUNEF and an MBA from the Kellogg School of Management at Northwestern University.

Mr. Gavin Filmore, born in 1984, has served as the Chief Executive Officer of the Sponsor since January 1, 2026. In his role, he oversees the overall strategic direction, management, and operational aspects of the Sponsor’s investment platforms. Mr. Filmore joined the Sponsor as the Head of Product Development in August 2021 and was promoted to Chief Operating Officer in July 2022. Before joining the Sponsor, he worked at Barclays Investment Bank, a leading global investment bank offering services in investment management, wealth management, and corporate banking, from August 2017 to September 2021. His focus at Barclays was on exchange-traded products. Mr. Filmore holds a BS in Finance from Northeastern University. He was approved as a Principal of the Sponsor and registered as an Associated Person of the Sponsor by the NFA on March 8, 2022.

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/ Gavin Filmore
Date: January 7, 2026	Name: Gavin Filmore
	Title: Chief Executive Officer of Tidal Investments LLC, as Sponsor

FAQ

What leadership change did Tidal Commodities Trust I disclose for the Hashdex Bitcoin ETF (DEFI)?

The trust reported that, effective January 1, 2026, Guillermo Trias resigned as Chief Executive Officer of Tidal Investments LLC, the Sponsor of the Hashdex Bitcoin ETF, and became its Executive Chairman, while Gavin Filmore was appointed as the new Chief Executive Officer of the Sponsor.

What are the new responsibilities of Guillermo Trias at the Sponsor of DEFI?

As Executive Chairman of Tidal Investments LLC, Guillermo Trias provides strategic oversight, guides long-term planning and capital allocation, supports major corporate initiatives, and helps ensure continuity of vision for the Sponsor.

What role will Gavin Filmore play as Chief Executive Officer of the Sponsor of DEFI?

As Chief Executive Officer of Tidal Investments LLC, Gavin Filmore is responsible for overseeing the overall strategic direction, management, and operational aspects of the Sponsor’s investment platforms and performing all duties commonly incident to a corporate chief executive officer.

Did Tidal Commodities Trust I report any new compensation arrangements for Guillermo Trias or Gavin Filmore?

The report states that, as of its date, no new compensatory arrangements have been entered into in connection with Guillermo Trias’ appointment as Executive Chairman or Gavin Filmore’s appointment as Chief Executive Officer of the Sponsor, and that officers of the Sponsor do not receive compensation from the Fund.

Are there any related-party transactions involving Guillermo Trias or Gavin Filmore that investors in DEFI should know about?

The disclosure notes that there are no transactions in which Guillermo Trias or Gavin Filmore have an interest that would require disclosure under Item 404(a) of Regulation S-K.

What is the professional background of Gavin Filmore, the new CEO of the Sponsor of DEFI?

Gavin Filmore joined the Sponsor in August 2021 as Head of Product Development, became Chief Operating Officer in July 2022, and previously worked at Barclays Investment Bank from August 2017 to September 2021 focusing on exchange-traded products. He holds a BS in Finance from Northeastern University.