Bitwise Launches Chainlink ETF As Tokenization Trade Gains Steam On Wall Street

Bitwise Asset Management on Wednesday launched the Bitwise Chainlink ETF (NYSE:CLNK), giving investors direct spot exposure to Chainlink’s LINK token at a time when tokenization and blockchain-based financial infrastructure are moving from buzzwords to balance sheets.

The ETF began trading with a management fee of 0.34%. Bitwise is waiving fees for the first three months on up to $500 million in assets, a familiar land-grab tactic in the increasingly crowded crypto ETF market.

The timing …

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