LINK Hits Monthly High as Bitwise Launches Chainlink ETF on NYSE
Bitwise Asset Management has launched the Bitwise Chainlink ETF (ticker: CLNK) on NYSE Arca, making it the second spot Chainlink (LINK) ETF available in the U.S. Chainlink's price recently climbed to $14.25, its monthly high. The ETF will offer fee-free trading for three months on the first $500 million in assets, after which it will charge a 0.34% management fee—slightly below competitor Grayscale’s GLNK ETF at 0.35%. Grayscale’s LINK fund, previously a closed-end trust, transitioned to a spot ETF in December and currently manages $87 million in assets. Chainlink is a decentralized oracle network connecting blockchains to real-world data, supporting over 70 blockchain ecosystems and used by more than 1,600 projects as of 2025. Chainlink-based exchange-traded products have existed in Europe since 2022. Bitwise CEO and Chief Investment Officer highlighted Chainlink’s critical role in blockchain infrastructure and mainstream crypto adoption.
