{"id":58222,"date":"2025-11-13T03:01:31","date_gmt":"2025-11-13T03:01:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=58222"},"modified":"2025-11-13T03:01:31","modified_gmt":"2025-11-13T03:01:31","slug":"bitwise-inches-closer-to-launching-first-ever-chainlink-etf-as-dtcc-listing-creates-a-buzz","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=58222","title":{"rendered":"Bitwise Inches Closer to Launching First-Ever Chainlink ETF as DTCC Listing Creates a Buzz"},"content":{"rendered":"
\n

Bitwise\u2019s proposed Chainlink exchange-traded fund (ETF) has moved a step closer to launch after being added to the Depository Trust & Clearing Corporation (DTCC) registry under the ticker CLNK.<\/p>\n

The listing, marked as both active and pre-launch, indicates that preparations are underway for its debut once the U.S. Securities and Exchange Commission (SEC) grants final approval.<\/p>\n

\"Chainlink<\/p>\n

DTCC Listing Sparks Optimism for Chainlink ETF Approval<\/strong><\/h2>\n

While DTCC listings do not guarantee regulatory clearance, they often precede official approval. The ETF aims to track Chainlink (LINK)<\/a>, the native token that powers Chainlink\u2019s decentralized oracle network, connecting smart contracts to real-world data feeds.<\/p>\n

This marks a major milestone for Bitwise, one of America\u2019s leading crypto asset managers, which filed its Form S-1 with the SEC in August and is expected to follow up with Form 8-A, the last step before the ETF can trade on U.S. exchanges.<\/p>\n

The progress comes amid a prolonged U.S. government shutdown, now in its sixth week, which has stalled dozens of pending crypto ETF applications. However, optimism is growing after the Senate passed a bill to reopen government operations, potentially expediting long-delayed ETF reviews.<\/p>\n

Chainlink\u2019s Expanding Institutional Footprint<\/strong><\/h2>\n

If approved, the Bitwise Chainlink ETF<\/a> would become the first U.S. fund offering institutional exposure to a decentralized oracle network, a critical infrastructure in the decentralized finance (DeFi) ecosystem.<\/p>\n

Chainlink provides real-time, tamper-proof data to smart contracts, enabling the automation of payments, lending, and asset management across blockchain platforms.<\/p>\n

Analysts suggest that such an ETF could not only expand investor access to LINK but also solidify Chainlink\u2019s position as a cornerstone of Web3 infrastructure.<\/p>\n

The move follows Bitwise\u2019s growing portfolio of altcoin ETFs, including funds tracking Solana, XRP, Dogecoin, and Aptos, while competitors like Grayscale are also seeking approval for a similar Chainlink ETF that includes staking features, a structure that may face additional regulatory hurdles.<\/p>\n

Market Reactions and the Road Ahead<\/strong><\/p>\n

Despite the bullish regulatory signal, LINK prices<\/a> slipped 2%, trading around $15.75 after failing to hold above the $17.40 resistance level. Analysts note that broader crypto market weakness and heavy derivatives sell-offs have overshadowed the positive ETF news.<\/p>\n

Still, industry observers see the DTCC listing as a key sign of maturing infrastructure for crypto-based financial products.<\/p>\n

Once the U.S. government fully reopens and the SEC resumes full operations, the Bitwise Chainlink ETF (CLNK) could lead a new wave of altcoin ETFs into the U.S. market, supporting the growing institutional appetite for blockchain-linked assets and bringing DeFi innovation closer to Wall Street.<\/p>\n

Cover image from ChatGPT, LINKUSD chart from Tradingview<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Bitwise\u2019s proposed Chainlink exchange-traded fund (ETF) has moved a step closer to launch after being added to the Depository Trust & Clearing Corporation (DTCC) registry under the ticker CLNK. The listing, marked as both active and pre-launch, indicates that preparations are underway for its debut once the U.S. Securities and Exchange Commission (SEC) grants final […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-58222","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/58222","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58222"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/58222\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}