CLNK vs. BSOL

Last updated Jun 4, 2026

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

Performance

CLNK vs. BSOL - Performance Comparison

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

Returns By Period

CLNK

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

BSOL

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

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

CLNK vs. BSOL - Yearly Performance Comparison

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

Correlation

The correlation between CLNK and BSOL 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

CLNK vs. BSOL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bitwise Chainlink ETF (CLNK) and Bitwise Solana Staking ETF (BSOL). 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

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

Drawdowns

CLNK vs. BSOL - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

Volatility by Period

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

CLNK vs. BSOL - Expense Ratio Comparison

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

Dividends

CLNK vs. BSOL - Dividend Comparison

Neither CLNK nor BSOL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both CLNK and BSOL in my portfolio?

With a correlation of 0.94, CLNK and BSOL 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, CLNK or BSOL?

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, CLNK or BSOL?

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

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

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

What is the main difference between CLNK and BSOL?

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