The post Bitwise Chainlink ETF Approved for NYSE Arca Listing Under CLNK Ticker appeared first on Coinpedia Fintech News
Bitwise has received approval to list its spot Chainlink ETF on NYSE Arca under the ticker CLNK, marking another step forward for crypto-based investment products in U.S. markets. The ETF is expected to launch this week and will allow investors to gain direct exposure to LINK without holding the token themselves.
The approval follows the firm’s recent Form 8-A filing with the U.S. SEC. With around $15 billion in crypto assets under management, Bitwise continues to expand its presence in regulated altcoin ETFs.
Chainlink ETF Fee Structure and Management Details
To encourage early participation, the ETF will offer a full fee waiver for the first three months, covering up to $500 million in assets. After the waiver period, the management fee will be set at 0.34%, in line with similar crypto ETFs.
The fund will be seeded with $2.5 million, equal to 100,000
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