FIFTH AMENDMENT TO THE TIDAL TRUST III CUSTODY AGREEMENT

Exhibit 99.(g)(i)(v)

FIFTH AMENDMENT TO THE

THIS FIFTH AMENDMENT effective as of December 3, 2024 (the “Effective Date”), to the Custody Agreement dated as of July 11, 2024, as amended (the “Agreement”), is entered into by and between TIDAL TRUST III, a Delaware statutory trust (the “Trust”), and U.S. BANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America with its principal place of business at Minneapolis, Minnesota (the “Custodian”).

RECITALS

WHEREAS, the parties have entered into the Agreement; and

WHEREAS, the parties desire to amend the Agreement to update Exhibit A to:

Add the following funds:

●

The BeeHive ETF

●

NestYield Total Return Guard ETF

●

NestYield Dynamic Income Shield ETF

●

NestYield Visionary ETF

●

USCF Daily Target 2X Copper Index ETF

WHEREAS, Section 15.02 of the Agreement allows for its amendment by a written instrument executed by both parties and authorized or approved by the Board of Trustees of the Trust.

NOW, THEREFORE, the parties agree as follows:

Exhibit A of the Agreement is hereby superseded and replaced in its entirety with Exhibit A attached hereto.

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

SIGNATURES ON NEXT PAGE

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 last written below.

TIDAL TRUST III		U.S. BANK NATIONAL ASSOCIATION


By:	/s/▇▇▇▇ ▇▇▇▇▇▇▇	By:	/s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇

Name:	▇▇▇▇ ▇▇▇▇▇▇▇	Name:	▇▇▇▇▇▇▇ ▇▇▇▇▇▇

Title:	President	Title:	Sr. Vice President

Date:	12/4/2024	Date:	12/4/24

Exhibit A to the Custody Agreement

Separate Series of Tidal Trust III

Name of Series:

Unity Wealth Partners Dynamic Capital Appreciation & Options ETF

TradersAI Large Cap Equity & Cash ETF

Rockefeller Opportunistic Municipal Bond ETF

Rockefeller California Municipal Bond ETF

Rockefeller New York Municipal Bond ETF

Rockefeller Global Equity ETF

Rockefeller U.S. Small-Mid Cap ETF

4E Quality Growth ETF

GammaRoad Market Navigation ETF

Impact Shares YWCA Women’s Empowerment ETF

Impact Shares NAACP Minority Empowerment ETF

VistaShares Artificial Intelligence Supercycle ETF

VistaShares Electrification Supercycle ETF

FIRE Funds™ Wealth Builder ETF

FIRE Funds™ Income Target ETF

Ninepoint Energy Income ETF

Ninepont Energy ETF

▇▇▇ ▇▇▇▇▇ Research 360° Core Equity ETF

▇▇▇ ▇▇▇▇▇ Research 360° Dynamic Allocation ETF

Fundstrat Granny Shots US Large Cap ETF