Quarterly ResultMay 8, 2026, 01:31 PM
Bitwise Chainlink ETF Q1 NAV per Share $15.96; Total Return -36.16%
AI Summary
The Bitwise Chainlink ETF reported its first quarterly results since commencing operations on January 13, 2026. As of March 31, 2026, the Trust's net assets stood at $15.48 million, with 970,000 shares outstanding. The Principal Market NAV per Share was $15.96, reflecting a total return of -36.16% from the beginning of the period. The Trust experienced a net decrease in net assets from operations of $2.84 million, primarily due to unrealized depreciation on its Chainlink investment. The Sponsor waived its entire fee on the first $500 million of Trust assets through April 13, 2026.
Key Highlights
- Net Assets as of March 31, 2026: $15,481,264.
- Principal Market NAV per Share as of March 31, 2026: $15.96.
- Total return at net asset value for the period: (36.16)%.
- Net decrease in net assets from operations: $(2,842,056).
- Net change in unrealized depreciation on Chainlink: $(2,842,056).
- Shares issued and outstanding as of March 31, 2026: 970,000.
- Sponsor fee of $6,981 was waived for the period.
- Trust commenced operations on January 13, 2026.