Bitwise Chainlink ETF reported its first quarter of operations, reflecting the launch of the fund and early performance tied to Chainlink’s price. Net assets reached $15.48 million as of March 31, 2026, backed by 1,766,259.4192 Chainlink held in custody.
The Principal Market NAV per share fell from $25.00 at commencement on January 13, 2026 to $15.96, producing a total return of -36.16%, driven by Chainlink’s decline from $13.73 to $8.77 over the period. The Trust recorded an unrealized loss of $(2.84) million and no realized gains or losses.
The ETF created 970,000 shares (creations of $18.32 million) with minimal redemptions, and ended the quarter with 1,240,000 shares outstanding. Operating expenses are structured as a 0.34% annual Sponsor Fee, which the Sponsor fully waived on the first $500 million of assets from January 14 through April 13, 2026, resulting in no net expenses or net investment income for the quarter.
Bitwise Chainlink ETF files its annual report describing how it gives stock‑market access to Chainlink, a digital asset that runs on the Ethereum blockchain. The fund is listed on NYSE Arca under ticker CLNK and held 830,000 Shares outstanding as of March 16, 2026.
The ETF holds only Chainlink, values its portfolio each day using the CME CF Chainlink–Dollar Reference Rate – New York Variant, and keeps tokens primarily in Coinbase Custody cold storage. It does not yet stake Chainlink but intends to add staking later as a secondary objective, sharing any staking rewards after fees.
The Sponsor charges a unitary fee of 0.34% per year on Chainlink holdings, temporarily waived on the first $500 million of assets for three months after listing. Shares are created and redeemed only in 10,000‑share baskets, either in‑kind for Chainlink or for cash via approved trading counterparties or Coinbase’s agency execution model.