{"id":44270,"date":"2025-08-27T05:46:43","date_gmt":"2025-08-27T05:46:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=44270"},"modified":"2025-08-27T05:46:43","modified_gmt":"2025-08-27T05:46:43","slug":"bitwise-files-for-first-u-s-spot-chainlink-etf","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=44270","title":{"rendered":"Bitwise Files for First U.S. Spot Chainlink ETF"},"content":{"rendered":"
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Bitwise has filed paperwork<\/a> with the U.S. Securities and Exchange Commission to launch what could be the first spot Chainlink ETF in the country. <\/span>The idea is to <\/span>give<\/span> investors a straightforward, regulated way to gain exposure to LINK, <\/span>Chainlink\u2019s<\/span> native token, without needing to <\/span>handle<\/span> wallets, private keys, or on-chain transactions.<\/span><\/p>\n

How the ETF Would Function<\/span><\/h2>\n

The proposed ETF would track the daily price of LINK based on a Chainlink-to-dollar benchmark. <\/span>The underlying tokens would be stored<\/span> with Coinbase Custody Trust Company, and the ETF shares would <\/span>be traded<\/span> on a national exchange. <\/span>The fund <\/span>is designed<\/span> to <\/span>be passively managed<\/span>, so <\/span>there <\/span>won\u2019t<\/span> be<\/span> any active trading <\/span>strategy behind it<\/span>.<\/span> The job of the ETF is <\/span>simply<\/span> to mirror <\/span>LINK\u2019s<\/span> market performance as closely as possible.<\/span><\/p>\n

\"bitwise
Source: SEC.gov<\/figcaption><\/figure>\n

LINK Gets a Boost After the Filing<\/span><\/h2>\n

News of the filing <\/span>didn\u2019t<\/span> go unnoticed. <\/span>LINK\u2019s<\/span> price jumped about five to six percent within hours of the announcement. It bounced back from the $22 range to land somewhere in the mid-$20s. On-chain activity also picked up, with a few large holders making notable moves around the same time. Whether it was excitement over the filing or just well-timed trades, the momentum was clear.<\/span><\/p>\n

DISCOVER: Best New Cryptocurrencies to Invest in 2025<\/a><\/strong><\/p>\n

Why Chainlink Deserves This Attention<\/span><\/h2>\n

Chainlink<\/span> plays an important role in blockchain infrastructure by providing decentralized oracle services. <\/span>These oracles are used to feed real-world data into smart contracts, <\/span>making<\/span> everything from DeFi to insurance to cross-chain bridges <\/span>actually work<\/span>.<\/span> Chainlink has also formed partnerships outside the crypto space, which gives it credibility and reach beyond typical Web3 circles.<\/span><\/p>\n

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Chainlink<\/div>\n
Price<\/div>\n
Market Cap<\/div>\n<\/div>\n
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LINK<\/div>\n
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$16.50B<\/div>\n<\/div>\n<\/div>\n<\/div>\n
24h<\/span>7d<\/span>30d<\/span>1y<\/span>All time<\/span><\/div>\n<\/div>\n

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DISCOVER: 20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n

Institutional Access Expands Beyond BTC and ETH<\/span><\/h2>\n

Spot ETFs for Bitcoin and Ethereum have already opened the door for institutional <\/span>money<\/span> to enter crypto through familiar channels.<\/span> Bitwise\u2019s<\/span> Chainlink filing shows that interest is now expanding to more specialized assets with <\/span>clear<\/span> utility. If approved, a Chainlink ETF would allow both institutions and individual investors to access LINK exposure through a structure they already understand and trust.<\/span><\/p>\n

What Comes Next<\/span><\/h2>\n

Now that Bitwise has filed its S-1 form, the next step will likely involve a 19b-4 filing and <\/span>exchange approval<\/span>. <\/span>These filings typically <\/span>move through<\/span> a review process that can <\/span>stretch for<\/span> months.<\/span> If the ETF gets the green light, it would mark the first time investors in the U.S. could trade a fund tied specifically to Chainlink. With regulatory momentum building and more ETFs <\/span>being proposed<\/span> across the crypto space, this filing could land at just the right time.<\/span><\/p>\n

DISCOVER:\u00a0<\/span>20+ Next Crypto to Explode in 2025\u00a0<\/span><\/a><\/strong><\/p>\n

Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/span><\/a><\/strong><\/p>\n

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Key Takeaways<\/h2>\n