Bitwise Chainlink ETF
Bitwise Chainlink ETF is a U.S.-listed exchange-traded fund organized as a trust that holds Chainlink and issues shares representing beneficial interests in that pool of digital assets. The fund is sponsored by Bitwise Investment Advisers and trades on NYSE Arca under the ticker CLNK.
Business
Share of revenueListed shares designed to track the value of Chainlink held by the trust.
Customers
The fund is bought by investors who want Chainlink exposure through a traditional brokerage account rather than by directly acquiring and self-custodying the token. It is also relevant to allocators using tactical or strategic digital-asset sleeves, including institutions and sophisticated retail investors. The product is structured for market participants that value exchange listing, daily NAV transparency, and standard brokerage settlement.
Buy CLNK shares for Chainlink exposure without managing wallets or private keys.
Use the ETF as a listed vehicle for portfolio exposure to Chainlink.
Use the fund as a standardized allocation tool for digital-asset exposure.
Strategy
The trust’s core strategy is to provide direct Chainlink exposure through a listed fund wrapper that investors can access in a brokerage account. It relies on holding Chainlink, using a benchmark-based NAV process, and avoiding derivatives so the product stays closely tied to the token’s market value.
The product proposition depends on tracking the token rather than introducing synthetic exposure.
A brokerage-account wrapper lowers operational barriers for investors compared with direct token custody.
Fair-value governance is central to daily NAV accuracy and investor confidence.
Geography
The trust is organized in the United States and its shares are listed on NYSE Arca. Its economic exposure is global because Chainlink trades on international digital-asset markets, while valuation relies on U.S.-accessible exchanges and a U.S.-dollar reference rate.
Risks
The fund is exposed to Chainlink price volatility, so changes in the token’s market value directly affect NAV and investor returns. It also depends on digital-asset market liquidity, exchange quality, and benchmark methodology, which can affect valuation, creations/redemptions, and tracking. As a trust holding a single crypto asset, it faces concentration risk, custody/operational risk, and regulatory uncertainty around digital assets and exchange-traded products.
The trust holds Chainlink directly, so token price moves flow through to NAV.
Exposure: NAV and shareholder returns
Valuation depends on exchange activity, price stability, and principal-market selection.
Exposure: Fair value marks and creation/redemption efficiency
The trust is not diversified and is tied to one token’s adoption and market behavior.
Exposure: Portfolio concentration
Rules affecting digital assets, exchanges, or listed funds can change product economics or access.
Accounting
Judgemental itemsThe trust values its holdings using principal-market pricing and a benchmark reference rate.
Impact: Directly affects NAV and unrealized gains/losses
The selected exchange and price source determine the reported carrying value.
Impact: Can change reported asset values if market conditions shift
The fee is calculated as a percentage of Chainlink holdings.
Impact: Expense varies with asset level and token value
Fair value changes are recognized through earnings rather than operating revenue.
Impact: Results are dominated by market revaluation, not sales
Similar listed companies
Publicly listed companies with a comparable business focus.
Grayscale Chainlink Trust ETF
GLNK · Commodity Contracts Brokers & Dealers
Grayscale Chainlink Trust ETF is a Delaware statutory trust designed to provide investors with exposure to Chainlink (LINK) through shares that are backed by LINK held by the trust.
Bitwise Ethereum ETF
ETHW · Finance Services
Bitwise Ethereum ETF is a U.S.-listed exchange-traded fund structured as a Delaware statutory trust that gives investors exposure to ether without requiring…
Bitwise Bitcoin ETF
BITB · Commodity Contracts Brokers & Dealers
Bitwise Bitcoin ETF is a Delaware statutory trust that gives investors exchange-traded exposure to bitcoin through shares listed on NYSE Arca under the ticker BITB.
Bitwise 10 Crypto Index ETF
BITW · Commodity Contracts Brokers & Dealers
Bitwise 10 Crypto Index ETF is a U.S.-listed exchange-traded fund that seeks to track the performance of the ten largest crypto assets by free-float-adjusted market capitalization.
Bitwise Solana Staking ETF
BSOL · Commodity Contracts Brokers & Dealers
Bitwise Solana Staking ETF is an exchange-traded trust that gives investors exposure to the price performance of Solana through a traditional brokerage account.
Franklin Crypto Trust
EZPZ · Commodity Contracts Brokers & Dealers
Franklin Crypto Trust is a Delaware statutory trust that issues shares of the Franklin Crypto Index ETF, a passive exchange-traded fund designed to track an underlying digital asset index.
Last updated: 11/08/2026