Bitwise Chainlink ETF pulls in $1.5M in weekly inflows despite brutal returns since launch

Investors are still feeding money into the Bitwise Chainlink ETF, despite what can only be described as a rough ride since its debut. The fund, trading under ticker CLNK on NYSE Arca, pulled in approximately $1.5 million in net inflows over the most recent week, continuing a pattern of steady capital accumulation that has pushed its assets under management into the mid-$20 million range. That persistence is notable given the context: the ETF has posted a total return of -47.60% since launching on January 14, 2026. The numbers behind CLNK The Bitwise Chainlink ETF holds LINK tokens directly, roughly 2.77 million of them as of the latest available data. At a per-token valuation of approximately $7.20 based on late June figures, those holdings translate to an AUM in the neighborhood of $24 million to $26 million. Net assets stood at $19.9 million as of June 30, 2026. The gap between that figure and the higher AUM estimates reflects the in-kind creation mechanism that has been driving new shares into existence, essentially adding LINK tokens to the fund’s reserves rather than cash. The management fee sits at 0.34%. Bitwise waived that fee entirely for the first three months after launc...