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CLNK

GradeBNew York Stock Exchange Arca

Bitwise Chainlink ETF Beneficial Interest

Crypto · Bitwise · Inception 2026-01-13 · SEC filings

$22.27−1.38 (−5.84%)

As of Sep 23, 2026, 3:07 PM EDT

History starts Jan 14, 2026.History starts Jan 14, 2026.
Intraday session: down, 39 prints from 23.64 to 22.27. Range 22.15 to 23.16. Use the arrow keys to read each point.$22.50$22.75$23.00$23.2510 AM12 PM2 PM4 PM
Expense ratio
0.34%
Fund size
$52M
1Y return
—
Yield · Last 12 months
—
Holdings
1
Volume · 30D
0M sh
NAV per share
$22.38
52W range
low $12.79high $26.80

The ETF.net CLNK Grade

B

61/ 100

Rank 10 of 26 in Crypto Spot⁠

Confidence Medium

Six-pillar profile for CLNK. Scores out of 100: Cost 68, Risk 62, Mission not scored, Tradability 50, Holdings not scored, Durability 56. Strongest: Cost (68). Weakest: Tradability (50). Based on 4 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 61 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 68
    Category rank10/26 · top 38%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 62
    Category rank10/26 · top 38%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 50
    Category rank14/26 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 56
    Category rank14/26 · mid-pack

Graded as of Sep 22, 2026 · Based on 4 of 6 pillars

Our read on CLNK

ETF.net Research

BNot a bet on digital money but on blockchain plumbing. Chainlink's oracle network feeds outside data to smart contracts, and CLNK holds LINK directly in a trust so the coin's price move shows up in a normal brokerage account.

Stated mandate

The Trust seeks exposure to the value of Chainlink it holds, net of operating expenses and liabilities. It holds Chainlink, accrues fees in U.S. dollars, and is passively managed.

Why people hold it

  1. 01Holds the coin itself, no futures and no roll mechanics: a passively managed grantor trust that tracks the value of the LINK it holds, net of expenses.
  2. 020.34% a year sits right at the middle of the spot-crypto pack, and Bitwise ran the management fee at 0% for the fund's first three months after its January 2026 launch.bitwiseinvestments.com
  3. 03LINK exposure arrives through a NYSE Arca listing: no crypto exchange account, no wallet, no seed phrase to guard.bitwiseinvestments.com
  4. 04Among the stronger builds in its spot-crypto cohort on cost and structure, from an issuer that does crypto and little else.bitwiseinvestments.com

Worth knowing

  1. 01Not registered under the Investment Company Act, so those fund protections do not apply. Bitwise's own launch materials flag high risk, big swings, and possible total loss.bitwiseinvestments.com
  2. 02One coin, one thesis, and no cash coming back: the trust pays no distributions and accrues its fee against the LINK position.
  3. 03Some single-coin peers list at 0.30% (TSUI, TOXR, TDOT), and CLNK is a young, small fund that trades lightly, so spreads can run wider than on the giant crypto ETFs.

CLNK Holdings

As of Sep 20, 2026, 9:29 AM
Asset class
Other
Holdings
1
Top-10 weight
100%
Largest holding
CHAINLINK100.0%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—CHAINLINK100.00%4,000,665$49M1

Showing 1–1 of 1 holdings

CLNK Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

CLNK$16,420
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. CLNK $16,420. SPY $10,415. Use the arrow keys to read each point.$8,486$12,819$17,153Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for CLNK. Periods over one year show the average yearly return.
PeriodCLNK
Year to dateFund launched this year—
1 month+11.4%
3 months+64.2%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for CLNK
YearReturn barCLNK
2026 YTD−7.8%

History from Jan 14, 2026

CLNK in the news

ETF.net Research hasn’t filed on CLNK yet — coverage lands here as it’s written.

CLNK Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Jan 2026. No distributions yet.

CLNK Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Jan 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Jan 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Jan 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.69
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

CLNK Cost

Expense ratio0.34%
  • The middle half of Crypto Spot funds
  • Median 0.35%

6 of the 26 Crypto Spot funds charge less.

CLNK costs $34.00 a year on $10,000. The median Crypto Spot fund costs $35.00.