Bitwise’s ‘Chainlink ETF’ to list on NYSE Arca

Source

JOON HYOUNG LEE

Summary

Bitwise’s spot Chainlink (LINK) exchange-traded fund (ETF), “CLNK,” is set to list on NYSE Arca on the 14th.
CIO Matt Hougan said investors now have a new way to invest in core infrastructure of the blockchain economy through CLNK.
Bitwise’s Chainlink ETF has a fee of 0.34%, and fees will be waived for the first three months after launch until assets reach $500 million.

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Bitwise’s spot Chainlink (LINK) exchange-traded fund (ETF) will debut on the 14th (local time).

According to The Block, Bitwise’s Chainlink ETF, “CLNK,” will list on NYSE Arca that day. Matt Hougan, Bitwise’s chief investment officer (CIO), said, “Chainlink bridges the gap between real-world data and blockchain infrastructure,” adding, “Investors now have a new way to invest in core infrastructure of the blockchain economy through CLNK.”

This marks the second Chainlink ETF launch, following the Grayscale Chainlink ETF that began trading in late last month. Grayscale’s ETF also listed on NYSE Arca. The Block reported, “Bitwise’s Chainlink ETF has a fee of 0.34%,” adding, “Fees will be waived for the first three months after launch, until assets under management reach $500 million.”

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