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Bitwise’s Chainlink ETF Nears U.S. Approval Following DTCC Listing Milestone
Bitwise’s Chainlink ETF Nears U.S. Approval Following DTCC Listing Milestone
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Chainlink LINK News -
Bitwise Asset Management's proposed chainlink (LINK) ETF has achieved a significant milestone by securing a spot on the DTCC eligibility list, marking progress toward potential approval in the U.S. market. The fund, designed to passively track LINK's performance, now meets key operational infrastructure requirements—though regulatory approvals are still pending.
Custody and pricing mechanisms are already established, with Bitwise preparing additional filings for SEC review. Institutional interest in Chainlink continues to rise, driven by its critical role in connecting smart contracts with real-world data for DeFi and Web3 applications. Major financial partnerships further underscore LINK's utility beyond speculative trading.
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