Blend coconut butter, water, and whey protein until combined.
Put chia seeds and shredded coconut in a small bowl or food storage container.
Pour whey mixture over chia and coconut.
Let pudding sit at room temperature or in the refrigerator for 20-30 minutes. If you can, stir every 10 minutes (this helps avoid clumps of chia seeds).
Refrigerate and enjoy!
Notes
A note about substitutions: You can substitute vanilla casein protein powder for the whey, but you may need a little more water. I would not use vegan protein powders in this recipe because they would give a chalky consistency to the pudding.