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CLNK vs XRPZ

Bitwise Chainlink ETF Beneficial Interest

CLNKBNYSE Arca

Franklin XRP ETF

XRPZANYSE Arca

Overlap

Expense ratio

XRPZ −0.15pt a year

CLNK0.34%XRPZ0.19%

Avg volume · 30D

XRPZ 13.8×the volume

CLNK38KXRPZ523K

CLNK vs XRPZ Performance

Jul 31, 2026 – Oct 30, 2026

+35.8%CLNK+17.4%XRPZ

Jul 31, 2026 to Oct 30, 2026. CLNK +35.8%. XRPZ +17.4%. Use the arrow keys to read each point.0%60%80%Jul 2026Sep 2026Oct 2026
Expense ratio
CLNK 0.34%
XRPZ 0.19%, better
Fund size
CLNK $56M
XRPZ $386M
Holdings
CLNK 1
XRPZ 1
Avg volume (30D)
CLNK 38K sh
XRPZ 523K sh, better
NAV per share
CLNK $21.22
XRPZ $13.49
52W range

ETF.net Grade

CLNK: Cost 68, Risk 65, Mission 91, Tradability 45, Holdings not scored, Durability 57. XRPZ: Cost 100, Risk 42, Mission 99, Tradability 82, Holdings not scored, Durability 84.
Pillar letters and Scores for CLNK, XRPZ, with each pillar’s weight
PillarCLNKXRPZ
Cost30% weightB68A100Higher
Mission25% weightA91A99Higher
Risk15% weightB65HigherC42
Tradability15% weightC45A82Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB57A84Higher

Rank among Crypto Spot funds

Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. CLNK and XRPZ are both graded against the same 25 Crypto Spot funds, so their Grades compare head to head.

Crypto Spot⁠

Category · 25 funds
See all 25 ›

XRPZ ranks 1st and CLNK 6th of 25 funds in the Crypto Spot Category.

  1. Rank 1AXRPZFranklin XRP ETFScore 86
  2. Rank 2AHYPGGrayscale Hyperliquid Staking ETFScore 81
  3. Rank 5ATOXR21shares XRP ETFScore 73
  4. Rank 6BCLNKBitwise Chainlink ETF Beneficial InterestScore 69
  5. Rank 7BGXRPGrayscale XRP Trust (XRP)Score 68

Our read on each fund

ETF.net Research

CLNKBBitwise Chainlink ETF Beneficial Interest

XRPZAFranklin XRP ETF

In short

CLNK Not 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.

XRPZ No data

Stated mandate

CLNK 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.

XRPZ No data

Why people hold it

  • CLNK 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

XRPZ No data

Worth knowing

  • CLNK 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.

XRPZ No data

Full CLNK profile⁠

Full XRPZ profile⁠

CLNK vs XRPZ Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CLNK vs XRPZ Cost

Overpaying CLNK vs XRPZ

$2,980

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CLNK 0.34%

    $6,932

  • XRPZ 0.19%

    $3,952

$10,000
30 years

Cost over time

  • CLNK 0.34%
  • XRPZ 0.19%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530CLNK $6,932XRPZ $3,952

Year by year

YearCLNKXRPZOverpaying
10$616$347$269
20$2,386$1,351$1,035
30$6,932$3,952$2,980

Expense ratio

  • 0.34%CLNK
  • 0.19%XRPZ, cheaper
  • Middle half of Crypto Spot funds
  • Median 0.35%

XRPZ cheapest of 25 funds

CLNK 7th cheapest of 25 funds

CLNK vs XRPZ Dividends

Last 12 months to Oct 30, 2026
Payout (12M)
CLNK None
XRPZ None

Distribution history

CLNKAll CLNK payments⁠

No distribution history available.

XRPZAll XRPZ payments⁠

No distribution history available.

CLNK vs XRPZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
CLNK 0.75XRPZ 1.09

CLNK and XRPZ in the news

Popular comparisons

  • CLNKBvsHYPGA

    Bitwise Chainlink ETF Beneficial Interest · Grayscale Hyperliquid Staking ETF

    Expense ratio
    0.34% · 0.29%
    Category
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  • CLNKBvsTHYPA

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  • XRPZAvsTHYPA

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    Expense ratio
    0.19% · 0.30%
    Category
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  • CLNKBvsXRPA

    Bitwise Chainlink ETF Beneficial Interest · Bitwise XRP ETF

    Expense ratio
    0.34% · 0.34%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
  • XRPZAvsXRPA

    Franklin XRP ETF · Bitwise XRP ETF

    Expense ratio
    0.19% · 0.34%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.