Bitwise Chainlink ETF Beneficial Interest
$23.38−0.27 (−1.16%)
- 0.34%
- $63M
- 0M sh
- $23.24
- low $12.79high $28.07
The ETF.net CLNK Grade
B
Score 69 out of 100
- 6 of 26
Score 69 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B68 out of 100Rank 7 of 26Mission
Whether the fund did what it promised, tested against its stated mandate.A91 out of 100Rank 9 of 15Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B63 out of 100Rank 11 of 26Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C46 out of 100Rank 15 of 26Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B57 out of 100Rank 13 of 26
Our read on CLNK
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.
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
- Holds 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.
- 0.34% 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
- LINK exposure arrives through a NYSE Arca listing: no crypto exchange account, no wallet, no seed phrase to guard.bitwiseinvestments.com
- Among 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
- Not 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
- One coin, one thesis, and no cash coming back: the trust pays no distributions and accrues its fee against the LINK position.
- Some 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
- Other
- 1
- 100%
- Chainlink
CLNK Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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CLNK$16,469
Returns run to the Oct 12, 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.
| Period | CLNK |
|---|---|
| Year to date | — |
| 1 month | +12.0% |
| 3 months | +64.7% |
| 1 year | — |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | CLNK |
|---|---|---|
| 2026 YTD | −7.8% |
CLNK in the news
CLNK Dividends
Listed Jan 2026. No distributions yet.
CLNK Risk
- —
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.
- —
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.
- —
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.
- 0.75
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
0.34%
CLNK0.34%
- The middle half of Crypto Spot funds
- Median 0.35%
6 of the 26 Crypto Spot funds charge less.
Other funds in Crypto Spot
- ATHYP21Shares Hyperliquid ETFExpense ratio 0.30%1 year return —
- ATOXR21shares XRP ETFExpense ratio 0.30%1 year return —
- BTSUI21Shares Sui ETFExpense ratio 0.30%1 year return —
- BBHYPBitwise Hyperliquid ETFExpense ratio 0.34%1 year return —
- BGXRPGrayscale XRP Trust (XRP)Expense ratio 0.35%1 year return —