Drops

Grayscale

Chainlink

Spot

<h3 class="wp-block-heading" id="h-key-insights"><strong>Key Insights:</strong></h3>
<ul>
 <li>Bitwise files S-1 amendment for its Chainlink ETF with the U.S. SEC.</li>
 <li>The issuer revealed a 0.34% management fee.</li>
 <li>Bitwise waived the entire fee for one month until reaching $500 million in assets under management.</li>
 <li>LINK price failed to hold key support and fell 5%.</li>
</ul>
<p>Crypto asset manager Bitwise has filed an updated S-1 for its Chainlink ETF with the U.S. Securities and Exchange Commission.</p>
<p>The issuer reveals several details, including the management fee, ticker, and fee waiver.</p>
<p>Traders didn’t respond immediately as LINK price was down more than 3% over the last 24 hours due to selling pressure in the crypto market.</p>
<h2 class="wp-block-heading" id="h-bitwise-updates-its-spot-chainlink-etf"><strong>Bitwise Updates Its Spot Chainlink ETF</strong></h2>
<p>According to the latest <a href="https://www.sec.gov/Archives/edgar/data/2082889/000121390025112216/ea0265926-s1a1_bitwise.htm" rel="noopener noreferrer nofollow">filing</a> with the US SEC, Bitwise filed a first amendment to S-1 for its spot Chainlink ETF.</p>
<p>In the latest filing, the issuer has revealed a 0.34% management fee. Also, it waived the entire fee for one month until reaching $500 million in assets under management.</p>
<p>Bitwise Chainlink Trust ETF will list the shares on NYSE Arca under the ticker symbol “CLNK.”</p>
<p>In addition, the issuer has not removed the delaying amendment from the filing despite the latest guidance from the US SEC’s Division of Corporate Finance.</p>
<p>Bitwise will likely seek approval from the U.S. Securities and Exchange Commission (SEC) for its Chainlink ETF.</p>
<p>As The Coin Republic reported, <a href="https://www.thecoinrepublic.com/2025/11/13/breaking-grayscale-amends-chainlink-etf-for-approval-waives-fees/" rel="noopener noreferrer nofollow">Grayscale also filed an S-1 amendment</a> for its Chainlink ETF with the U.S. SEC last week. The issuer revealed a 0.35% management fee.</p>
<p>Moreover, Grayscale waived the entire fee for 3 months until reaching $1 billion in assets under management.</p>
<h2 class="wp-block-heading" id="h-dtcc-listed-bitwise-chainlink-etf"><strong>DTCC Listed Bitwise Chainlink ETF</strong></h2>
<p>DTCC listed Bitwise Chainlink ETF under the ticker symbol “CLNK,” sparking a buzz in the crypto community recently. The listing on DTCC indicated progress towards approval of Chainlink ETFs.</p>
<p>Bitwise aims to provide institutional and retail investors with exposure to LINK with its Chainlink ETF.</p>
<p>The trust intends to allow staking, but no details have been disclosed about staking yet. However, it added the following statement:</p>
<p>“At a future date, it is the current intention of the Trust to amend its registration statement to allow the Trust to conduct staking as a secondary investment objective. The amended registration statement will include a detailed description of the Trust’s staking program under a section entitled Staking.”</p>
<h2 class="wp-block-heading" id="h-link-price-drops-5"><strong>LINK Price Drops 5%</strong></h2>
<p>LINK price dropped 5% in the past 24 hours, extending the weekly fall to more than 16%. At the time of writing, the price was trading at $12.99.</p>
<p>The 24-hour low and high were $12.98 and $13.96, respectively.</p>
<p>Furthermore, trading volume has dropped by 32% in the last 24 hours, indicating a massive decline in interest among traders. Analyst Ali Martinez highlighted that LINK could lose the support trendline that has held strong since July 2023.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-large">
  <img loading="lazy" width="1024" height="715" src="https://www.thecoinrepublic.com/wp-content/uploads/2025/11/image-724-1024x715.png" alt="Chainlink 1-Day Price Chart | Source: Ali Martinez">
  <figcaption>
   Chainlink 1-Day Price Chart | Source: Ali Martinez
  </figcaption>
 </figure>
</div>
<p>Notably, LINK price is trading way below the 50-MA and 200-MA now on the daily chart, despite the Grayscale Chainlink ETF launch approaching. The price needs to reclaim above the 50-MA at $17.48 to gain upside momentum.</p>
<p>CoinGlass data showed massive selling in the derivatives market in the last few hours. Total LINK futures open interest tumbled almost 2% to $571 million in the last 4 hours.</p>
<p>The post <a href="https://www.thecoinrepublic.com/2025/11/20/chainlink-etf-launch-nears-as-bitwise-amends-filing-to-reveal-fees-ticker-other-details/" rel="noopener noreferrer nofollow">Chainlink ETF Launch Nears as Bitwise Amends Filing to Reveal Fees, Ticker, Other Details</a> appeared first on <a href="https://www.thecoinrepublic.com" rel="noopener noreferrer nofollow">The Coin Republic</a>.</p>

Chainlink ETF Launch Nears as Bitwise Amends Filing to Reveal Fees, Ticker, Other Details

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