Bitwise has launched a spot Chainlink ETF in the US, adding another regulated crypto product at a time when institutional flows appear to be stabilising. The fund trades under the ticker CLNK on NYSE Arca and tracks the spot price of Chainlink.
The ETF charges a 0.34% management fee, with fees waived for the first three months or until it reaches $500 million in assets. Tokens held by the fund are stored in institutional-grade cold custody, and pricing is based on a regulated CME reference rate.
The product does not offer staking at launch, though this could change later pending regulatory approval. Early data suggests investors are holding their positions, pointing to consolidation rather than exits in LINK-focused funds.
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