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The DTCC has listed Bitwise’s Chainlink ETF under ticker CLNK.
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Listing suggests regulatory readiness, though not final SEC approval.
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Canary also filed the 8-A form for its spot XRP ETF, expected to launch soon.
Chainlink ETF Moves Closer to Market Debut
The Depository Trust and Clearing Corporation has listed Bitwise’s spot Chainlink ETF under its active and pre-launch funds list, signaling that approval may be near. The ETF, trading under ticker CLNK, would provide investors exposure to Chainlink’s native token, LINK.
ETF Pipeline Expands to More Altcoins
Following the successful debut of Litecoin, Solana, and Hedera ETFs, the Chainlink fund marks the next wave of altcoin-based products. Grayscale has also filed a competing proposal that may include staking.
Spot XRP ETFs Close Behind
Canary Capital has submitted an 8-A form for its spot XRP ETF, with Bloomberg’s Eric Balchunas hinting that a launch could happen within days. The DTCC recently listed five XRP ETFs, fueling speculation of simultaneous debuts.