Market Watch

Chainlink Rallies to Monthly High After Bitwise Launches Spot ETF on NYSE

Chainlink’s native token LINK climbed to its highest level in a month following the launch of a spot Chainlink ETF by Bitwise Asset Management (NYSE: CLNK) on the NYSE Arca on Jan. 14, 2026 — marking the second U.S.-listed LINK spot fund after Grayscale’s debut in December. The new ETF provides investors with regulated, brokerage-accessible exposure to LINK’s spot price without the need to hold the tokens directly. 

Bitwise seeded the ETF with approximately $2.5 million at launch and is waiving its 0.34 % management fee for the first three months on up to $500 million in assets, aiming to attract early investor interest. Early data shows roughly $2.6 million in net inflows on debut, signaling growing institutional engagement. 

Bitwise’s leadership emphasized Chainlink’s foundational role in blockchain infrastructure. “A blockchain, on its own, is an isolated database. Its potential to reshape the global economy only unlocks when it can connect to the real-world data and networks that drive daily life,” said Matt Hougan, Chief Investment Officer of Bitwise.

“Chainlink provides the essential oracle infrastructure that bridges that gap, powering the risk management and financial decision-making necessary for mainstream adoption. With CLNK, investors now have a new way to invest in this foundational layer of the blockchain economy.”

This expanded regulated access to Chainlink through both Bitwise and Grayscale ETFs has helped boost LINK prices to around $14.25, their strongest point in weeks, even as broader crypto markets remain mixed.

Terron Gold

Recent Posts

Elon Musk’s xAI Sues Minnesota Over First U.S. AI Nudification Law

Elon Musk's artificial intelligence company xAI has filed a federal lawsuit challenging Minnesota's landmark law banning AI-powered "nudification" technology, arguing…

6 days ago

Bitcoin Nears $65,000 as Treasury Yields Outperform Carry Trade in Rare Market Signal

Bitcoin climbed toward $65,000 as an unusual shift in traditional financial markets created one of the rarest conditions…

6 days ago

Hyperscale Data Sells 100 Bitcoin to Fund Michigan AI Campus as GPUS Stock Surges

Hyperscale Data has sold 100 Bitcoin to accelerate development of its planned artificial intelligence campus in Michigan, sending shares…

7 days ago

PIPEDOG Explodes 140x on Robinhood Chain as Memecoin Frenzy Intensifies

A newly launched memecoin called PIPEDOG ($PIPEDOG) became the latest breakout token on Robinhood Chain, surging more than 140x within…

1 week ago

BNY Brings $8.6 Trillion Fund Business On-Chain in Major Wall Street Blockchain Expansion

BNY, the world's largest custodian bank, is bringing one of its core financial businesses onto…

1 week ago

Senators Strengthen Crypto Ethics Rules in CLARITY Act After Trump Negotiations

A bipartisan group of U.S. senators has reportedly reached a new compromise on the ethics provisions of…

1 week ago