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.

— Bitwise Chainlink ETF
%
Exchange-traded crypto exposure100% Listed shares designed to track the value of Chainlink held by the trust.

The fund is bought by investors who want Chainlink exposure through a traditional brokerage account rather than by...

  • Retail brokerage investorsprimary

    Buy CLNK shares for Chainlink exposure without managing wallets or private keys.

  • Institutional allocatorsprimary

    Use the ETF as a listed vehicle for portfolio exposure to Chainlink.

  • Financial advisers and model portfolio userssecondary

    Use the fund as a standardized allocation tool for digital-asset exposure.

The trust is organized in the United States and its shares are listed on NYSE Arca. Its economic exposure is global...

  • •U.S.-organized trust with shares listed on NYSE Arca
  • •Chainlink valuation references U.S.-accessible crypto exchanges
  • •Pricing benchmark is published in U.S. dollars
  • •Underlying token liquidity is sourced from global digital-asset markets

The trust’s core strategy is to provide direct Chainlink exposure through a listed fund wrapper that investors can...

01
Maintain tight linkage to Chainlink spot valueshort-term

The product proposition depends on tracking the token rather than introducing synthetic exposure.

02
Preserve simple listed-fund accessmedium-term

A brokerage-account wrapper lowers operational barriers for investors compared with direct token custody.

03
Use transparent market-based valuation controlsmedium-term

Fair-value governance is central to daily NAV accuracy and investor confidence.

The fund is exposed to Chainlink price volatility, so changes in the token’s market value directly affect NAV and...

high

Chainlink market price volatility

The trust holds Chainlink directly, so token price moves flow through to NAV.

Scope
NAV and shareholder returns
Materiality
high
high

Digital-asset market liquidity and pricing fragmentation

Valuation depends on exchange activity, price stability, and principal-market selection.

Scope
Fair value marks and creation/redemption efficiency
Materiality
high
medium

Single-asset concentration

The trust is not diversified and is tied to one token’s adoption and market behavior.

Scope
Portfolio concentration
Materiality
high
medium

Regulatory and market-structure risk for crypto products

Rules affecting digital assets, exchanges, or listed funds can change product economics or access.

Scope
Listing, trading, and investor demand
Materiality
medium
Fair value measurement of Chainlink
Directly affects NAV and unrealized gains/losses
Principal market determination
Can change reported asset values if market conditions shift
Asset-based sponsor fee
Expense varies with asset level and token value
Investment company accounting
Results are dominated by market revaluation, not sales

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: 11/08/2026