Data as of .
CHNL vs CLNK: which tracked its coin?
Against Chainlink, CHNL finished +3.2% and CLNK +0.5%, once both returns are compounded.
ETFIQ Coin Capture Score: CHNL scores higher
How much of what holding the coin gave did a holder of the fund keep?
A percentile among the 28 spot crypto ETPs listed less than a year. It is a position in a set, not a rating, and neither end of it is a recommendation. All crypto ETFs ranked by it · How it is computed
The same coin, two trusts
CHNL and CLNK hold the same asset. Both are 1933 Act trusts holding Chainlink through a custodian, so neither has a portfolio to compare: the whole of each fund is one line. Over the days each has traded, CHNL finished 2.1 percentage points ahead of Chainlink and CLNK 0.55 of a percentage point ahead, but the two windows are not the same days, so neither figure is set against the other here. That gap is the fee, the custody, the creation and redemption friction and the market’s pricing of the shares, compounded into one figure. CLNK has 77 more days of record than CHNL, and a longer record is a longer window over which a cost can show itself.
Performance, window by window
| Window | Total return | The coin over the same days | Difference, percentage points | |||
|---|---|---|---|---|---|---|
| CHNL | CLNK | CHNL | CLNK | CHNL | CLNK | |
| 1 month | +34.9% | +32.8% | +33.2% | +33.2% | +1.7 pts | −0.4 pts |
| 3 months | +51.5% | +47.6% | +46.8% | +46.8% | +3.2% of its growth | +0.8 pts |
| 6 months | not published | +26.7% | not published | +27.0% | not published | −0.3 pts |
| Since each listed | +31.2% | −17.6% | +29.1% | −18.2% | +2.1 pts | +0.6 pts |
| CHNL Chainlink ETF Holds Chainlink through a custodian, listed Apr 1, 2026 | CLNK Bitwise Chainlink ETF Holds Chainlink through a custodian, listed Jan 14, 2026 | |
|---|---|---|
| Sponsor | Chainlink | Bitwise |
| Holds | Chainlink | Chainlink |
| Net assets | not read | $20m, balance sheet of Jun 30, 2026 |
| Sponsor’s fee | not read | 0.34% |
| Fee waiver | none | the whole fee, until April 13, 2026 |
| Staking | possible; no clear answer read | the filings say it does |
| Listed | Apr 1, 2026 | Jan 14, 2026 |
| Days since listing | 163 days | 240 days |
| Days it has traded | 113 | 166 |
| Days it closed unchanged | 1 | 0 |
| Quoted | on an exchange, every trading day | on an exchange, every trading day |
| Fund returned, 1 year or since launch | +31.2% | −17.6% |
| The coin over the same days | +29.1% | −18.2% |
| Difference, percentage points | +2.1 pts | +0.6 pts |
| Fund returned since it listed | +31.2% | −17.6% |
| Difference since it listed | +2.1 pts | +0.6 pts |
| Price | $26.9811 | $21.1206 |
CHNL in plain words
CHNL holds Chainlink through a custodian and trades on an exchange, so a holder gets the coin’s return inside a brokerage account rather than a wallet. Over the time since it listed to Sep 11, 2026, Chainlink moved +29.1% and CHNL returned +31.2%. That leaves it 2.1 percentage points ahead. That difference is the fee, the custody cost, the friction of creating and redeeming shares in blocks, and whatever the market paid for the shares rather than for the coin, all of it together. It is the only figure on this page the sponsor does not publish itself. A spot trust is not a registered investment company. It files a 10-K rather than an N-PORT, and its holding is one line: the Chainlink it custodies.
CLNK in plain words
CLNK holds Chainlink through a custodian and trades on an exchange, so a holder gets the coin’s return inside a brokerage account rather than a wallet. Over the time since it listed to Sep 11, 2026, Chainlink moved −18.2% and CLNK returned −17.6%. That leaves it 0.55 of a percentage point ahead. CLNK charges 0.34% a year and still finished 0.6% ahead of Chainlink, which a fee cannot do on its own. Chainlink is a proof of stake chain, so a fund holding it can stake. CLNK’s own filings say it does (10-Q, Aug 12, 2026). It charges 0.34% and finished only −0.6% behind Chainlink, so staking covered about 0.9% of that fee over these days.
Questions people ask
- Which tracked Chainlink more closely, CHNL or CLNK?
- Over the days each has traded, CHNL finished 2.1 percentage points ahead of Chainlink and CLNK 0.55 of a percentage point ahead. Those are not set against each other here, because the two windows are not the same days, so neither is nearer its coin than the other on this page. Each difference carries the fee, the custody cost, the friction of creating and redeeming shares in blocks and whatever the market paid for the shares rather than for the coin.
- Do CHNL or CLNK pay a staking yield?
- What is the difference between CHNL and CLNK?
- Both hold Chainlink through a custodian and both trade on an exchange, so what separates them is what each costs a holder over time. CHNL is sponsored by Chainlink and listed Apr 1, 2026; CLNK by Bitwise, listed Jan 14, 2026.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, CHNL against CLNK, data as of Sep 11, 2026. https://etfiq.com/compare/crypto/CHNL-CLNK Free to use with attribution; the underlying files are at Open data.