Bitwise Nears Launch of Chainlink ETF Following DTCC Listing
Bitwise Nears Launch of Chainlink ETF Following DTCC Listing
Bitwise's proposed Chainlink exchange-traded fund (ETF) is one step closer to launching after being added to the Depository Trust & Clearing Corporation (DTCC) registry under the ticker CLNK. This pre-launch listing signals active preparations for the ETF's debut, indicating growing institutional interest in Chainlink.
Chainlink ETF Progresses Towards Launch
The highly anticipated Chainlink exchange-traded fund (ETF) from Bitwise has seen significant progress, now appearing on the Depository Trust & Clearing Corporation (DTCC) registry. The listing, marked under the ticker CLNK, signifies that the ETF is in a pre-launch, active status, with preparations underway for its official market debut.
This development suggests increasing institutional engagement with Chainlink (LINK), as traditional financial products like ETFs provide a more accessible pathway for investors to gain exposure to the digital asset without directly holding the underlying cryptocurrency.