TLDR
- NYSE Arca approved the Bitwise Chainlink ETF, with trading expected to start tomorrow.
- The ETF will hold LINK directly and trade under the ticker CLNK on NYSE Arca.
- Coinbase Custody will safeguard the fund’s digital assets for investors.
- Bitwise waived sponsor fees for three months on up to $500 million in assets.
Bitwise has received approval to list its Chainlink exchange-traded fund on NYSE Arca, with trading expected to begin tomorrow. The decision places another crypto-linked product on a major US exchange and expands regulated access to Chainlink exposure. The fund is structured to track LINK’s price through direct holdings, while avoiding token management for investors. Approval comes as interest in spot crypto ETFs continues to grow across US markets.
Approval and listing details on NYSE Arca
The Bitwise Chainlink ETF has been approved for listing on NYSE Arca, following regulatory clearance. Trading is scheduled to begin as soon as tomorrow, subject to final operational readiness. The ETF will trade under the ticker CLNK and will directly hold LINK tokens. This structure allows investors to gain exposure through standard brokerage accounts.
🇺🇸 Breaking: The Bitwise Chainlink ( LINK ETF ) has been approved to list on NYSE Arca. Trading will start tomorrow.$LINK #LINKETF pic.twitter.com/IfznaRQUJm
— Crypto Patel (@CryptoPatel) January 14, 2026
Bitwise serves as both sponsor and manager of the fund. The firm said the product aims to reduce custody and operational hurdles tied to direct token ownership. The ETF does not include staking at launch, according to the filing details. Bitwise plans to seek approval for staking as a secondary objective at a later stage.
Fund structure, fees, and custody arrangements
The CLNK ETF carries a management fee of 0.34 percent on assets under management. This fee applies after a temporary waiver period for early investors. For the first three months after listing, Bitwise will waive the sponsor fee on up to $500 million. This waiver lowers costs during the initial asset accumulation phase.
Digital assets held by the fund will be secured through Coinbase Custody. The custodian provides institutional-grade storage and security services for the ETF. The fund’s design mirrors other spot crypto ETFs already trading in the US. Shares are created and redeemed based on LINK holdings rather than futures contracts.
Chainlink exposure and current market data
Chainlink operates as a decentralized oracle network supporting smart contracts across blockchains. Its system allows on-chain applications to access external data sources securely. LINK is currently ranked as the 20th largest crypto asset by market value. At press time, LINK traded near $14, according to CoinGecko data.
The token rose about 7.5 percent over the past 24 hours during a broader market rebound.
That rebound also lifted Bitcoin toward the $96,000 level. The ETF offers price exposure only and does not grant governance rights. Investors hold shares of the trust rather than direct ownership of tokens.
Position within the US spot ETF market
The Bitwise product is the second US spot ETF tied to Chainlink. It follows the conversion of a trust product by Grayscale late last month. Grayscale’s Chainlink ETF trades under the ticker GLNK on US exchanges. The fund has reported assets of about $87.5 million based on recent disclosures.
Approval of CLNK adds competition within a narrow segment of crypto ETFs. Both funds rely on direct token holdings to track LINK’s market price. The listing also reflects continued regulatory openness to single-asset crypto products. Market participants are watching early trading volumes after the fund launches tomorrow.





