Overview
- Trading is expected to begin imminently on NYSE Arca under the ticker CLNK, following SEC approval.
- The ETF directly holds LINK and launched with $2.5 million in seed capital across 100,000 shares at $25 each.
- Bitwise will waive management fees for the first three months or until assets reach $500 million, after which a 0.34% annual fee applies.
- Coinbase Custody will secure the fund’s LINK holdings while BNY manages cash custody services.
- Staking is not included at launch, with Bitwise planning to seek approval to add it later and naming Attestant Ltd as its preferred provider.