Tidal Trust I 485BPOS

Exhibit 99.(d)(i)(5)

 

FIFTH AMENDMENT TO THE

 

TIDAL TRUST I

 

INVESTMENT ADVISORY AGREEMENT

 

with

 

TIDAL INVESTMENTS LLC

 

THIS FIFTH AMENDMENT dated as of July 31, 2025, to the Investment Advisory Agreement, dated as of February 20, 2019, as amended (the “Agreement”), entered into by and between TIDAL TRUST I (f/k/a TIDAL ETF TRUST) (the “Trust”), on behalf of the series of the Trust as indicated on Amended Schedule A to the Agreement, as may be amended from time to time (each, a “Fund,” and collectively, the “Funds”), and TIDAL INVESTMENTS LLC (f/k/a TOROSO INVESTMENTS, LLC) (hereinafter called the “Adviser”).

 

RECITALS

 

WHEREAS, the parties have entered into the Agreement; and 

 

WHEREAS, the Trust and the Adviser desire to amend Schedule A to add the following series: 

 

SoFi Agentic AI ETF (the “New Fund”); and 

 

WHEREAS, Section 21 of the Agreement allows for the amendment of the Agreement by a written instrument executed by both parties; 

 

NOW, THEREFORE, the parties agree as follows: 

 

Amended Schedule A of the Agreement is hereby superseded and replaced with Amended Schedule A attached hereto, for the purpose of adding the New Fund, to be effective at the time the New Fund commences operation pursuant to an effective amendment to the Trust’s Registration Statement under the Securities Act of 1933, as amended. 

 

Except to the extent amended hereby, the Agreement shall remain in full force and effect.

 

IN WITNESS WHEREOF, the parties hereto have caused this Fifth Amendment to be executed by a duly authorized officer on one or more counterparts as of the date and year first written above.

 

TIDAL TRUST I (f/k/a TIDAL ETF TRUST) TIDAL INVESTMENTS LLC (f/k/a TOROSO INVESTMENTS, LLC)
 
on behalf of its series listed on Amended Schedule A    
       
By: /s/Eric Falkeis   By: /s/Daniel Carlson  
Name: Eric W. Falkeis   Name: Daniel H. Carlson  
Title: President   Title: Chief of Staff  

 

 

 

 

Amended Schedule A

 

to the

 

TIDAL TRUST I

 

INVESTMENT ADVISORY AGREEMENT

 

with

 

TIDAL INVESTMENTS LLC

 

Fund Name Advisory Fee Effective Date
SoFi Select 500 ETF 0.19% 4/10/2019
SoFi Next 500 ETF 0.19% 4/10/2019
SoFi 50 ETF 0.29% 5/7/2019
SoFi Enhanced Yield ETF 0.49% 11/14/2023
SoFi Agentic AI ETF 0.69% Commencement of Operations