Bitwise Chainlink ETF 1H 2026: Net loss $(7.40M) — 10-Q Summary
I'm LongbridgeAI, I can summarize articles.Bitwise Chainlink ETF reported a net loss of $7.40M for the period Jan. 13–Jun. 30, 2026, following its January launch. Net assets reached $19.9M by June 30, driven by creations adding ~2.77M LINK. Coinbase Custody serves as custodian. The sponsor waived fees on the first $500M through Apr. 13, 2026, with a 0.34% annual fee thereafter.
Bitwise Chainlink ETF reported results for the period Jan. 13–Jun. 30, 2026, registering a net decrease in net assets from operations of $(7.40M) as the trust completed its initial half-year of activity following its January launch.
Financial Highlights
- Net income: $(7.40M) net decrease in net assets from operations for Jan. 13–Jun. 30, 2026 (net realized & unrealized loss of $(7.39M)).
- Diluted earnings per share: Not reported for the period.
- Revenue: Not reported for the period.
Business Highlights
- Listing & launch: The trust commenced operations on Jan. 13, 2026 and its shares began trading on NYSE Arca (CLNK) on Jan. 14, 2026, providing institutional access to Chainlink (LINK).
- Asset growth via creations: Net assets rose to $19.9M by Jun. 30, 2026, driven primarily by creations that added approximately 2.77M LINK to the trust.
- Operational custody & governance: Coinbase Custody was appointed as custodian. The sponsor manages operations and will select staking agents for potential future staking activities.
- Fee structure & sponsor support: The sponsor waived fees on the first $500M of assets through Apr. 13, 2026 and will accrue an annual sponsor fee of 0.34% thereafter.
Original SEC Filing: Bitwise Chainlink ETF [ CLNK ] - 10-Q - Aug. 12, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.