Bitwise Chainlink ETF

The Bitwise Chainlink ETF is an exchange-traded fund that provides investors with spot exposure to Chainlink (LINK), the leading decentralized oracle network established in 2017. Chainlink serves as the essential infrastructure connecting blockchains to real-world data, enabling secure interactions with external systems, other blockchains, and legacy financial networks. This facilitates advanced applications across decentralized finance (DeFi), including smart contracts, prediction markets, complex trading, and insurance settlements, while powering over $100 billion in value on platforms like Aave and Polymarket. Since inception, Chainlink has processed more than $27 trillion in transaction value across over 70 blockchains and collaborates with major institutions such as JPMorgan, Mastercard, and SWIFT on tokenization and global payments initiatives. Managed by Bitwise Asset Management, a firm overseeing more than $15 billion in crypto assets, the ETF holds physical LINK tokens custodied by Coinbase, with its net asset value referenced to the CME CF Chainlink-Dollar Reference Rate. Featuring a 0.34% management fee—waived for the first three months on up to $500 million in assets—the fund plays a pivotal role in bridging traditional finance with blockchain infrastructure, offering regulated access to this foundational technology amid rising institutional interest in cryptocurrency markets.