W. Thomas Conner Direct Phone: +1 202 414 9208
Email: tconner@reedsmith.com   Reed Smith LLP 1301 K Street, N.W.
Suite 1000 - East Tower
Washington, D.C. 20005-3373
Telephone: +1 202 414 9200
Facsimile: +1 202 414 9299   Riverfront Plaza - West Tower
901 East Byrd Street, Suite 1700
Richmond, VA 23219-4068 Tel +1 804 344 3400 Fax +1 804 344 3410
reedsmith.com  

January 21, 2016

Jennifer Gowetski
Division of Corporation Finance
U.S. Securities and Exchange Commission
100 F Street, N.E.
Washington, DC 20549

Re: ETF Managers Group Commodity Trust I

Post-Effective Amendment No. 1 to Registration Statement on Form S-1

Filed on January 6, 2016 (File No. 333-199190)

Dear Ms. Gowetski:

In connection with the above-referenced filing and as requested by the SEC staff, on behalf of our client, ETF Managers Group Commodity Trust I (the “Trust”), and its sponsor, ETF Managers Capital LLC, we hereby represent that in future post-effective amendments or registration statements of the Trust, as the case may be, the prospectus will include in the “Fees and Expenses” section a table or short narrative disclosing, as of a recent date, the dollar amounts of the fees and expenses which have been paid by the Trust in connection with the offering described in the prospectus.

Please call the undersigned at (202) 414-9208 or Peggy Heminger at (412) 288-7204 with any questions or comments.

Very truly yours,

/s/ W. Thomas Conner

ABU DHABI ¨ ATHENS ¨ BEIJING ¨ CENTURY CITY ¨ CHICAGO ¨ DUBAI ¨ FRANKFURT ¨ HONG KONG ¨ HOUSTON ¨ KAZAKHSTAN ¨ LONDON ¨
LOS ANGELES ¨ MUNICH ¨ NEW YORK¨ NORTHERN VIRGINIA PARIS ¨ PHILADELPHIA ¨ PITTSBURGH ¨ PRINCETON ¨RICHMOND ¨ SAN FRANCISCO ¨
SHANGHAI ¨ SILICON VALLEY ¨ SINGAPORE ¨ WASHINGTON, D.C. ¨ WILMINGTON

Jennifer Gowetski January 21, 2016 Page 2 

W. Thomas Conner

WTC/gp

cc: Samuel Masucci III

Barney Karol

David Weissman

John Flanagan

Peggy Heminger