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

Candy Digital Announces Migration to Solana as NFT Platform Repositions for Long Term Growth

NFT platform Candy Digital has announced plans to migrate its digital collectibles ecosystem to the Solana blockchain, signaling…

10 hours ago

US Military Runs Bitcoin Node for National Security Testing, Admiral Tells Congress

The U.S. military has confirmed it is actively running a Bitcoin node as part of national security research, while…

10 hours ago

Over 90% of Web3 Games Failed After $15 Billion Boom as Players Never Showed Up

The Web3 gaming sector is facing a harsh reality check as new data reveals that more…

12 hours ago

Justin Sun Sues Trump Linked World Liberty Financial Over Frozen Crypto Assets

Justin Sun, founder of TRON, has filed a federal lawsuit against World Liberty Financial, a crypto venture…

14 hours ago

Tether Freezes $344 Million in USDT on Tron After Wallets Flagged by U.S. Authorities

Tether has frozen approximately $344 million in USDT on the Tron blockchain after the wallets were flagged by U.S. authorities, marking…

14 hours ago

Kalshi Fines and Suspends Three Congressional Candidates for Betting on Their Own Elections

Prediction market platform Kalshi has fined and suspended three U.S. congressional candidates after determining they engaged in “political…

15 hours ago