{"id":91578,"date":"2025-08-27T01:21:28","date_gmt":"2025-08-27T01:21:28","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=91578"},"modified":"2025-08-27T01:21:28","modified_gmt":"2025-08-27T01:21:28","slug":"bitwise-files-for-first-u-s-spot-chainlink-etf","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=91578","title":{"rendered":"Bitwise Files for First U.S. Spot Chainlink ETF"},"content":{"rendered":"

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

Source: SEC.gov<\/p>\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

\n
\n
\n
\n
\n
Chainlink<\/div>\n
Price<\/div>\n
Market Cap<\/div>\n<\/div>\n
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LINK<\/div>\n
<\/div>\n
$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<\/div>\n

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

Bitwise has filed for the first U.S.-listed Chainlink ETF, aiming to give investors direct exposure to LINK without dealing with crypto wallets. <\/p>\n

The ETF would track the LINK-to-USD price and store assets with Coinbase Custody, using a passive structure to mirror Chainlink\u2019s market performance. <\/p>\n

LINK\u2019s price jumped 5\u20136% after the filing news, with increased on-chain activity suggesting strong investor interest. <\/p>\n

Chainlink is seen as a critical piece of blockchain infrastructure, powering oracles used across DeFi, insurance, and cross-chain apps. <\/p>\n

This filing reflects growing demand for crypto ETFs beyond Bitcoin and Ethereum, offering regulated access to utility-driven tokens like LINK. <\/p><\/div>\n

The post Bitwise Files for First U.S. Spot Chainlink ETF<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitwise has filed paperwork with the U.S. Securities and Exchange Commission to launch what could be the first spot Chainlink ETF in the country. The idea is to give investors a straightforward, regulated way to gain exposure to LINK, Chainlink\u2019s native token, without needing to handle wallets, private keys, or on-chain transactions. How the ETF […]<\/p>\n","protected":false},"author":0,"featured_media":91579,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-91578","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/91578"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=91578"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/91578\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/91579"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=91578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=91578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=91578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}