LINK Price News: Bitwise Chainlink ETF Officially Announces Listing Date, CLNK Coming Soon to the US Market

Bitwise Chainlink ETF has submitted the latest documents to the U.S. Securities and Exchange Commission (SEC), officially confirming its listing plans in the U.S. market. The ETF has previously been approved for automatic effectiveness on the NYSE Arca, with trading code CLNK, marking the substantial entry of a U.S. spot Chainlink ETF.

According to disclosed information, Bitwise Chainlink ETF has completed all regulatory procedures, making it the second spot Chainlink ETF launched in the U.S. market after Grayscale Chainlink ETF (GLNK). Bitwise stated that the fund will officially activate its prospectus on February 1, 2026, resulting in a delay in the listing date compared to previous expectations.

The documents show that CLNK will track the CME CF Chainlink–USD Reference Rate (New York version), with U.S. leading custody provider CEX Custody Trust Company serving as the crypto asset custodian, and BNY Mellon responsible for cash custody. Bitwise Investment Manager LLC plans to subscribe to the initial shares with approximately $2.5 million, corresponding to 100,000 shares, priced at $25 each.

Regarding fee structure, Bitwise has committed to waiving the management fee of 0.34% for the first three months on assets under management not exceeding $500 million, to enhance appeal to institutional and compliant funds. Notably, although the documents mention Attestant Ltd as a potential pledge service provider, the LINK staking mechanism has not yet been activated for this ETF.

The market generally believes that the launch of the Bitwise Chainlink ETF will provide a new entry point for investors seeking to allocate LINK through compliant channels and further strengthen Chainlink’s institutional recognition in the oracle sector. In comparison, since its launch in December last year, Grayscale Chainlink ETF has attracted approximately $63.32 million in cumulative capital inflows, with assets under management exceeding $85 million.

In the secondary market, LINK experienced short-term fluctuations after the announcement, with the price falling back to $13.19 over the past 24 hours, and trading volume and open interest in futures contracts decreasing accordingly. Analysts note that before the release of U.S. macroeconomic data, market sentiment remains cautious, but the progress of the Chainlink ETF is still viewed as a medium- to long-term positive factor.