Bitwise proposes its Chainlink ETF launch to February 1 after following the U.S. SEC approval for trading on the NYSE. LINK price eyes further price rallies basedBitwise proposes its Chainlink ETF launch to February 1 after following the U.S. SEC approval for trading on the NYSE. LINK price eyes further price rallies based

Chainlink Investors Eye LINK Gains Ahead of Bitwise ETF Launch

  • Bitwise proposes its Chainlink ETF launch to February 1 after following the U.S. SEC approval for trading on the NYSE.
  • LINK price eyes further price rallies based on strong institutional interest, Chainlink partnerships, and position in RWA.

Bitwise Asset Management has received approval from the U.S Securities and Exchange Commission (SEC) to list its Chainlink ETF on NYSE Arca. This approval now gives Chainlink (LINK) investors hopes for price gains, as they also anticipate the ETF launch.

Recent filings on the SEC website revealed that Bitwise would launch its Chainlink exchange-traded fund (ETF) under the ticker CLNK on the NYSE.

The fund, which would allow investors to gain direct exposure to Chainlink, is expected to begin trading in February. In the 424B3 submitted to the US SEC, Bitwise Investment Advisers revealed plans to use this prospectus on February 1.

The SEC approval follows Bitwise’s Form 8-A and S-1 amendment filings with the agency. These filings are a required step for securities intended to trade on national exchanges. 

Bitwise submitted both statements on Monday under the Securities Act of 1933, updating disclosures of the structure and operation of the trust.

For now, the Bitwise Chainlink ETF has not enabled LINK staking. However, Bitwise previously mentioned Attestant Ltd as a preferred staking agent.

Additionally, the trust will charge a unitary management fee of 0.34% per year, according to the S-1 amendment prospectus. This calculation would be based on the value of the trust’s Chainlink holdings.

However, Bitwise has agreed to waive the entire sponsor fee for the first three months on up to $500 million in assets under management (AUM). Coinbase Custody Trust Company will serve as custodian, responsible for safeguarding the assets and segregated accounts holding LINK. 

Furthermore, shares of the ETF will be created and redeemed in blocks of 10,000 shares, referred to as a basket. Bitwise Investment Manager LLC is expected to purchase the initial baskets of shares for $2.5 million. This is equivalent to 100,000 shares at $25. 

Crucially, CLNK from Bitwise could become the second LINK ETF to trade in the U.S. Grayscale Investments debuted the first LINK ETF, GLNK, in the U.S on December 2, 2025.

On the first day of trading, the Graycale LINK ETF accumulated inflows reaching $41.5 million. According to SoSoValue data, the total inflow has reached $63.32 million, with total AUM exceeding $85 million.

Similar to GLNK, market participants anticipate a strong demand for the Bitwise Chainlink ETF. Analysts now expect that consistent inflows into the ETF following its launch would support further LINK price rallies.

MarketCap data shows LINK has pared earlier gains and fallen 3.3% over the past 24 hours. The price is currently trading at $13.16, with a trading volume of $729 million. Also, the 24-hour low and high are at $13.24 and $13.90, respectively.

Besides the ETF push, LINK price is expected to climb higher, leveraging recent Chainlink partnerships and interest in tokenization. In our last update, we examined how BitMEX partnered with Chainlink to use its Data Streams.

In addition, Chainlink recently received recognition as one of the top blockchains in real-world asset crypto development.

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