Bitwise proposes its Chainlink ETF launch to February 1 after following the U.S. SEC approval for trading on the NYSE. LINK price eyes further price rallies basedBitwise proposes its Chainlink ETF launch to February 1 after following the U.S. SEC approval for trading on the NYSE. LINK price eyes further price rallies based

Chainlink Investors Eye LINK Gains Ahead of Bitwise ETF Launch

For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
  • Bitwise proposes its Chainlink ETF launch to February 1 after following the U.S. SEC approval for trading on the NYSE.
  • LINK price eyes further price rallies based on strong institutional interest, Chainlink partnerships, and position in RWA.

Bitwise Asset Management has received approval from the U.S Securities and Exchange Commission (SEC) to list its Chainlink ETF on NYSE Arca. This approval now gives Chainlink (LINK) investors hopes for price gains, as they also anticipate the ETF launch.

Bitwise Chainlink ETF Listing on NYSE

Recent filings on the SEC website revealed that Bitwise would launch its Chainlink exchange-traded fund (ETF) under the ticker CLNK on the NYSE.

The fund, which would allow investors to gain direct exposure to Chainlink, is expected to begin trading in February. In the 424B3 submitted to the US SEC, Bitwise Investment Advisers revealed plans to use this prospectus on February 1.

The SEC approval follows Bitwise’s Form 8-A and S-1 amendment filings with the agency. These filings are a required step for securities intended to trade on national exchanges. 

Bitwise submitted both statements on Monday under the Securities Act of 1933, updating disclosures of the structure and operation of the trust.

For now, the Bitwise Chainlink ETF has not enabled LINK staking. However, Bitwise previously mentioned Attestant Ltd as a preferred staking agent.

Additionally, the trust will charge a unitary management fee of 0.34% per year, according to the S-1 amendment prospectus. This calculation would be based on the value of the trust’s Chainlink holdings.

However, Bitwise has agreed to waive the entire sponsor fee for the first three months on up to $500 million in assets under management (AUM). Coinbase Custody Trust Company will serve as custodian, responsible for safeguarding the assets and segregated accounts holding LINK. 

Furthermore, shares of the ETF will be created and redeemed in blocks of 10,000 shares, referred to as a basket. Bitwise Investment Manager LLC is expected to purchase the initial baskets of shares for $2.5 million. This is equivalent to 100,000 shares at $25. 

LINK Price Eyes New Rally

Crucially, CLNK from Bitwise could become the second LINK ETF to trade in the U.S. Grayscale Investments debuted the first LINK ETF, GLNK, in the U.S on December 2, 2025.

On the first day of trading, the Graycale LINK ETF accumulated inflows reaching $41.5 million. According to SoSoValue data, the total inflow has reached $63.32 million, with total AUM exceeding $85 million.

Similar to GLNK, market participants anticipate a strong demand for the Bitwise Chainlink ETF. Analysts now expect that consistent inflows into the ETF following its launch would support further LINK price rallies.

MarketCap data shows LINK has pared earlier gains and fallen 3.3% over the past 24 hours. The price is currently trading at $13.16, with a trading volume of $729 million. Also, the 24-hour low and high are at $13.24 and $13.90, respectively.

Besides the ETF push, LINK price is expected to climb higher, leveraging recent Chainlink partnerships and interest in tokenization. In our last update, we examined how BitMEX partnered with Chainlink to use its Data Streams.

In addition, Chainlink recently received recognition as one of the top blockchains in real-world asset crypto development.

]]>
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

CME Group to Launch Solana and XRP Futures Options

CME Group to Launch Solana and XRP Futures Options

The post CME Group to Launch Solana and XRP Futures Options appeared on BitcoinEthereumNews.com. An announcement was made by CME Group, the largest derivatives exchanger worldwide, revealed that it would introduce options for Solana and XRP futures. It is the latest addition to CME crypto derivatives as institutions and retail investors increase their demand for Solana and XRP. CME Expands Crypto Offerings With Solana and XRP Options Launch According to a press release, the launch is scheduled for October 13, 2025, pending regulatory approval. The new products will allow traders to access options on Solana, Micro Solana, XRP, and Micro XRP futures. Expiries will be offered on business days on a monthly, and quarterly basis to provide more flexibility to market players. CME Group said the contracts are designed to meet demand from institutions, hedge funds, and active retail traders. According to Giovanni Vicioso, the launch reflects high liquidity in Solana and XRP futures. Vicioso is the Global Head of Cryptocurrency Products for the CME Group. He noted that the new contracts will provide additional tools for risk management and exposure strategies. Recently, CME XRP futures registered record open interest amid ETF approval optimism, reinforcing confidence in contract demand. Cumberland, one of the leading liquidity providers, welcomed the development and said it highlights the shift beyond Bitcoin and Ethereum. FalconX, another trading firm, added that rising digital asset treasuries are increasing the need for hedging tools on alternative tokens like Solana and XRP. High Record Trading Volumes Demand Solana and XRP Futures Solana futures and XRP continue to gain popularity since their launch earlier this year. According to CME official records, many have bought and sold more than 540,000 Solana futures contracts since March. A value that amounts to over $22 billion dollars. Solana contracts hit a record 9,000 contracts in August, worth $437 million. Open interest also set a record at 12,500 contracts.…
Share
BitcoinEthereumNews2025/09/18 01:39
Uniswap Price Compression Signals Potential Breakout Toward $5.30

Uniswap Price Compression Signals Potential Breakout Toward $5.30

TLDR: The Uniswap (UNI) price is consolidating within an ascending triangle between $3.80 and $4.10. A clean breakout above $4.10 could trigger a 30% rally toward
Share
Blockonomi2026/03/16 06:37
Latam Insights: Paraguay Adds Stringent Crypto Reporting Rules, Argentina Blocks Peso Stablecoin

Latam Insights: Paraguay Adds Stringent Crypto Reporting Rules, Argentina Blocks Peso Stablecoin

The post Latam Insights: Paraguay Adds Stringent Crypto Reporting Rules, Argentina Blocks Peso Stablecoin appeared on BitcoinEthereumNews.com. Welcome to Latam
Share
BitcoinEthereumNews2026/03/16 06:14