Bitwise Chainlink ETF Beneficial Interest

CLNK: Is Bitwise Chainlink ETF Beneficial Interest Halal?

Bitwise Chainlink ETF Beneficial Interest

AMEXFinancial ServicesUS

$20.89

-0.45%

Market Cap: 4.2M

About Bitwise Chainlink ETF Beneficial Interest

The CLNK fund offers investors direct exposure to the Chainlink digital asset by holding the cryptocurrency itself, rather than utilizing futures contracts or other derivative instruments. Chainlink is a decentralized blockchain network primarily designed to connect smart contracts with external, real-world data via specialized oracle services, thereby enabling a broad spectrum of on-chain applications. The trust's net asset value is computed daily using the CME CF Chainlink-Dollar Reference Rate New York Variant, which reflects Chainlink's (LINK) US dollar valuation based on aggregated trading activity across leading platforms. Its shares are structured to provide access to Chainlink through a conventional exchange-traded vehicle, allowing investors to circumvent the operational and custodial complexities typically associated with directly acquiring and managing the asset. This trust operates under passive management, with Chainlink as its exclusive digital asset holding, and does not employ leverage or hedging strategies. While staking is not currently part of its operations, the trust may incorporate it as a secondary objective in the future, pending regulatory considerations.

Sector: Financial Services · Industry: Asset Management - Cryptocurrency

Shariah Compliance Status

AAOIFI Standard 21Updated Aug 26, 2026

Basket Composition

0% of basket screened

ETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.

100%
Halal0%
Doubtful0%
Not Halal0%
Unknown100%
Fiscal: N/AData source: FMP-LOOKTHROUGH

Purify Your CLNK Dividends

Calculate your purification amount for CLNK dividends based on AAOIFI standards.

Free · No credit card required

Track CLNK and 6,200+ stocks with AI insights

Create your free account to unlock AI-powered compliance analysis, track your portfolio, calculate purification, and get unlimited AAOIFI screening.

6,200+ assets AAOIFI standards Free watchlist

Frequently Asked Questions

Is Bitwise Chainlink ETF Beneficial Interest (CLNK) halal to invest in?
Bitwise Chainlink ETF Beneficial Interest (CLNK) is screened using AAOIFI Standard 21 look-through analysis. Each underlying holding is screened individually and the weighted aggregate determines the fund verdict. Check the verdict above for the current compliance ruling.
Why did Bitwise Chainlink ETF Beneficial Interest get a C+ compliance rating?
Bitwise Chainlink ETF Beneficial Interest's compliance grade is determined by AAOIFI Standard 21 screening, a two-step process: (1) qualitative screen for prohibited business activities and (2) quantitative check of debt, interest deposits, and prohibited income ratios. Scroll up to see the detailed ratio breakdown.
What could change Bitwise Chainlink ETF Beneficial Interest's Shariah verdict?
Bitwise Chainlink ETF Beneficial Interest's verdict is recalculated whenever the fund rebalances or holdings change materially. If the haram-weight of underlying holdings crosses 5% (the AAOIFI threshold for fund look-through), the verdict will flip to Not Halal. HalalScreener rescreens ETFs at each rebalance cycle.
How often is Bitwise Chainlink ETF Beneficial Interest re-screened for Shariah compliance?
Bitwise Chainlink ETF Beneficial Interest (CLNK) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Aug 26, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.