Bitwise’s Spot Chainlink ETF Listed on DTCC, LINK Adoption Accelerates
Bitwise’s proposed spot chainlink exchange-traded fund (ETF) has appeared on the Depository Trust and Clearing Corporation (DTCC) registry, a development typically seen as a precursor to launch. The ETF, trading under the ticker CLNK, is designed to track Chainlink (LINK) and is pending SEC approval along with the completion of its Form 8-A filing.
The DTCC listing, marked as 'active' and 'pre-launch,' highlights Wall Street’s growing infrastructure readiness for cryptocurrency products. Bitwise, a prominent U.S. crypto asset manager, initially filed its Form S-1 in August but has yet to submit the crucial Form 8-A required for exchange listing.
This update comes amid broader delays in crypto ETF approvals, reflecting regulatory caution despite increasing institutional demand. Chainlink’s oracle network continues to gain traction, with its native token LINK solidifying its role as a foundational element of decentralized finance (DeFi) infrastructure.
