The Bitwise Chainlink ETF (CLNK) has reached a new milestone, with its assets under management surpassing the $50 million mark, according to a post from Bitwise's CEO on X (formerly Twitter). The update was first reported by Odaily, citing the CEO's own statement on the platform.

CLNK, which launched on NYSE Arca in January 2026, gives investors direct spot exposure to Chainlink's LINK token — a decentralized oracle network that connects blockchains to real-world data. The fund has steadily built up its asset base since debut, and crossing the $50 million threshold marks continued growth in investor interest in single-asset crypto ETFs beyond Bitcoin and Ethereum.

The announcement adds to a broader trend of institutional appetite for altcoin-based investment vehicles, as asset managers like Bitwise and Grayscale compete to capture demand from both retail and institutional investors seeking regulated access to tokens like LINK.