Chakra Enhanced Speed is a lot like Chakra Enhanced Strength, however, the user instead focuses chakra into their legs and feet, using precise chakra control and releasing it with pinpoint timing, which greatly enhances their speed. Poji created the concept of this technique to intimidate enemies and to freak them out. The speed is so intense that it looks like they simply disappear into thin air. Hayato Shin uses a weaker variation of this technique; the image of his body is only blurred upon the usage of this technique (as a result from such high speed movement). Because of this, it takes up less chakra than the original.
Hikaru Arashi is able to use an advanced version of this technique where he is able to instantaneously move from point A to point B, leaving a streak of white akin to Minato's usage of the Flying Thunder God Technique. Using it in this manner, he is able to use far less chakra than his Space- Time Ninjutsu requires to instantly move from place to place. He often refers to it as his "Air Step".
Raiku Uchiha can use it in an advance state whereby the speed is so fast, it can match Six of the Eight Gates. He can synchronize it with the Chakra Enhanced Strength to use the speed to increase the force and momentum of the strike to the point where he can crush a titanic behemoth with a single strike.