Item 5. Other Information
Item 5. Other Information.
No executive officers or directors of the Sponsor have adopted , modified , or terminated trading plans under either a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement” (as such terms are defined in Item 408 of Regulation S-K of the 1933 Act) for the three-month period ended March 31, 2026.
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Item 6. Exhibits.
Listed below are the exhibits, which are filed as part of this quarterly report on Form 10‑Q (according to the number assigned to them in Item 601 of Regulation S-K of the 1933 Act):
Exhibit
Number
Description
3.1
Trust Agreement incorporated by reference to Exhibit 3.1 of the Registration Statement on Form S-1 (File No. 333-289852) filed by the Registrant on August 26, 2025.
3.2
Certificate of Trust incorporated by reference to Exhibit 3.2 of the Registration Statement on Form S-1 (File No. 289852) filed by the Registrant on August 26, 2025.
3.3
First Amended and Restated Declaration of Trust and Trust Agreement incorporated by reference to Exhibit 3.3 of the Registration Statement on Form S-1/A (File No. 333-289852) filed by the Registrant on November 18, 2025 .
10.1
Marketing Agent Agreement with amendment incorporating the Trust.
31.1*
Certification by Principal Executive Officer of the Trust Pursuant to Rule 13a‑14(a) under the Securities Exchange Act of 1934 .
31.2*
Certification by Principal Financial Officer of the Trust Pursuant to Rule 13a‑14(a) under the Securities Exchange Act of 1934 .
32.1*
Certification by Principal Executive Officer of the Trust Pursuant to 18 U.S.C. Section 1350, As Adopted Pursuant to Section 906 of the Sarbanes‑Oxley Act of 2002 .
32.2*
Certification by Principal Financial Officer of the Trust Pursuant to 18 U.S.C. Section 1350, As Adopted Pursuant to Section 906 of the Sarbanes‑Oxley Act of 2002.
101.INS
Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
101.SCH
Inline XBRL Taxonomy Extension Schema Document
104
Cover Page Interactive Data File (Formatted as Inline XBRL and contained in exhibit 101)
* These exhibits are furnished with this Quarterly Report on Form 10-Q and are not deemed filed with the SEC and are not incorporated by reference in any filing of Bitwise Chainlink ETF under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, made before or after the date hereof and irrespective of any general incorporation language contained in such filings.
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GLOSSARY OF DEFINED TERMS
The following terms may be used throughout this Quarterly Report, including the consolidated financial statements and related notes.
1933 Act : The Securities Act of 1933, as amended.
Administrator : BNY Mellon.
Authorized Participant : One that purchases or redeems Baskets from or to the Trust.
BAM: Bitwise Asset Management, Inc., the parent company of the Sponsor.
Basket : A block of 10,000 Shares used by the Trust to issue or redeem Shares.
Benchmark Provider : CF Benchmarks Ltd.
BNY Mellon: The Bank of New York Mellon, a national banking association in New York.
Business Day : Any day other than a day when the Exchange or the New York Stock Exchange is closed for regular trading.
Cash Custodian: BNY Mellon.
Chainlink: The native unit of account and medium of exchange on the Chainlink network.
Chainlink Custodian: Coinbase Custody Trust Company, LLC, a New York State limited liability trust company.
Chainlink Custody Agreement: The custody agreement between the Chainlink Custodian and the Trust pursuant to which the Trust Chainlink Account is established.
CME : The Chicago Mercantile Exchange.
Constituent Platform : The major Chainlink trading platforms that serve as the pricing sources for the calculation of the CME CF Chainlink-Dollar Reference Rate - New York Variant.
Cryptocurrency : A token such as Chainlink that is the native asset of a crypto asset network.
Crypto asset : A token, such as a cryptocurrency, that is the native asset of or issued on a digital asset network and secured using public and private key cryptography or similar cryptographic credentials.
Digital Asset: A token, such as a cryptocurrency, that is the native asset of or issued on a digital asset network and secured using public and private key cryptography or similar cryptographic credentials.
DSTA : Delaware Statutory Trust Act.
ET: Eastern Time.
ETP: Exchange-traded product.
Exchange: NYSE Arca, Inc.
Exchange Act : The Securities Exchange Act of 1934, as amended.
FASB : Financial Accounting Standards Board.
FDIC : Federal Deposit Insurance Corporation.
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GAAP : The generally accepted accounting principles of the United States.
Investment Company Act : Investment Company Act of 1940.
IRS : U.S. Internal Revenue Service.
ITV : Indicative Trust Value.
JOBS Act : The Jumpstart Our Business Startups Act.
Marketing Agent : Foreside Fund Services, LLC.
NAV : Net asset value of the Trust, which is a Non-GAAP metric and is determined each business day by valuing the Trust’s Chainlink using the Pricing Benchmark, less the Trust’s accrued but unpaid expenses.
PCAOB : The Public Company Accounting Oversight Board.
Pricing Benchmark : CME CF Chainlink-Dollar Reference Rate - New York Variant, a standardized reference rate published by the CME Group that calculates the U.S. dollar price of Chainlink as of 4:00 p.m. New York time on each calendar day on constituent crypto asset trading platforms to reflect the performance of Chainlink in U.S. dollars.
Prime Execution Agreement : The agreement between Coinbase, Inc. and the Trust that sets forth the terms and conditions pursuant to which Coinbase, Inc., and its affiliates, agree to open and maintain a prime broker account and provide services relating to trade execution.
SEC : The U.S. Securities and Exchange Commission, an independent agency with the mandate to regulate securities offerings and markets in the U.S.
Seed Shares : The eight (8) Shares used to seed the Trust.
Shares : Common shares representing units of undivided beneficial ownership of the Trust.
Shareholders : Holders of Shares.
Sponsor : Bitwise Investment Advisers, LLC, a Delaware limited liability company, which controls the investments and other decisions of the Trust.
Sponsor Agreement : The agreement between the Sponsor and the Trust.
Sponsor Fee: The unitary management fee of 0.34% per annum of the Trust’s Chainlink holdings that the Trust agreed to pay to the Sponsor.
Trade Financing Agreement : The Coinbase Credit Committed Trade Financing Agreement.
Trust : The Bitwise Chainlink ETF.
Trust Agreement: The Amended and Restated Declaration of Trust and Trust Agreement of the Bitwise Chainlink ETF, entered into by the Sponsor and the Trustee.
Trust Chainlink Account: The custody account in the name of the Trust held with the Chainlink Custodian, in which the Trust's Chainlink assets are held.
Trustee : Delaware Trust Company, a Delaware trust company.
U.S. : The United States of America.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
Bitwise Investment Advisers, LLC
as Sponsor of Bitwise Chainlink ETF
By:
/s/ Paul Fusaro
Name:
Paul Fusaro
Title:
Chief Operating Officer (Principal Executive Officer)*
By:
/s/ James Bebrin III
Name:
James Bebrin III
Title:
Vice President (Principal Financial Officer and Principal Accounting Officer)*
Date: May 8, 2026
* The registrant is a trust and the persons are signing in their capacities as officers of Bitwise Investment Advisers, LLC, the Sponsor of the registrant.
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Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.