BSOL vs. CLNK

Last updated Jun 4, 2026

BSOL (Bitwise Solana Staking ETF) and CLNK (Bitwise Chainlink ETF) are both Cryptocurrency funds from Bitwise - BSOL tracks the Solana (SOL) spot price while CLNK tracks the Chainlink (LINK) spot price. Both are passively managed. Their correlation of 0.94 suggests significant overlap in exposure. BSOL charges 0.20%/yr vs 0.34%/yr for CLNK.

Performance

BSOL vs. CLNK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bitwise Solana Staking ETF (BSOL) and Bitwise Chainlink ETF (CLNK). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BSOL

• 1D: -4.71%
• 1M: -14.67%
• YTD: -40.79%
• 6M: -47.91%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CLNK

• 1D: -4.18%
• 1M: -12.86%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BSOL vs. CLNK - Yearly Performance Comparison

	2026 (YTD)
BSOL Bitwise Solana Staking ETF	-50.28%
CLNK Bitwise Chainlink ETF	-41.92%

Correlation

The correlation between BSOL and CLNK is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 15, 2026	0.94

Return for Risk

BSOL vs. CLNK - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise Solana Staking ETF (BSOL) and Bitwise Chainlink ETF (CLNK). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BSOL	CLNK	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.07	-1.14	+0.06

Drawdowns

BSOL vs. CLNK - Drawdown Comparison

The maximum BSOL drawdown since its inception was -62.00%, which is greater than CLNK's maximum drawdown of -43.56%. Use the drawdown chart below to compare losses from any high point for BSOL and CLNK.

Drawdown Indicators

	BSOL	CLNK	Difference
Max Drawdown Largest peak-to-trough decline	-62.00%	-43.56%	-18.44%
Current Drawdown Current decline from peak	-62.00%	-41.92%	-20.08%
Average Drawdown Average peak-to-trough decline	-43.66%	-32.34%	-11.32%

Volatility

Volatility by Period

	BSOL	CLNK	Difference
Volatility (1Y) Calculated over the trailing 1-year period	75.26%	67.16%	+8.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.26%	67.16%	+8.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.26%	67.16%	+8.10%

BSOL vs. CLNK - Expense Ratio Comparison

BSOL has a 0.20% expense ratio, which is lower than CLNK's 0.34% expense ratio.

Dividends

BSOL vs. CLNK - Dividend Comparison

Neither BSOL nor CLNK has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BSOL and CLNK in my portfolio?

With a correlation of 0.94, BSOL and CLNK move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, BSOL or CLNK?

On fees, BSOL is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BSOL or CLNK?

BSOL is cheaper with a 0.20% expense ratio, compared with 0.34% for CLNK.

Which ETF pays a higher dividend yield, BSOL or CLNK?

BSOL and CLNK have nearly identical dividend yields, around 0.00%.

What is the main difference between BSOL and CLNK?

BSOL tracks Solana (SOL) spot price, while CLNK tracks Chainlink (LINK) spot price. Their fees differ too: 0.20% for BSOL and 0.34% for CLNK.