{"id":8873,"date":"2025-08-26T12:45:22","date_gmt":"2025-08-26T12:45:22","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bitwise-seeks-sec-approval-for-spot-chainlink-etf\/"},"modified":"2025-08-26T12:45:30","modified_gmt":"2025-08-26T12:45:30","slug":"bitwise-seeks-sec-approval-for-spot-chainlink-etf","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bitwise-seeks-sec-approval-for-spot-chainlink-etf\/","title":{"rendered":"Bitwise seeks SEC approval for spot Chainlink ETF"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Bitwise has filed to launch a Chainlink ETF, aiming to give investors direct exposure to the token through holdings tracked against the CME CF Chainlink-Dollar Reference Rate.<\/p>\n<div id=\"cn-block-summary-block_3b3e25a7abfced4197510dd8f7a2e6c3\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Bitwise\u2019s Chainlink ETF would hold LINK tokens directly, with Coinbase Custody Trust Company serving as custodian.<\/li>\n<li>Approval would position Bitwise\u2019s fund alongside Tuttle Capital Management, which filed for a leveraged Chainlink ETF earlier this year.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Bitwise has <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/2082889\/000121390025080461\/ea0254517-s1_bitwise.htm\" target=\"_blank\">filed<\/a> a Form S-1 with the U.S. Securities and Exchange Commission, seeking approval to launch the\u00a0Bitwise Chainlink ETF. The ETF aims to track the\u00a0CME CF Chainlink-Dollar Reference Rate, providing investors with daily exposure to LINK\u2019s market value. The fund will\u00a0hold LINK tokens directly, with\u00a0Coinbase Custody Trust Company\u00a0serving as custodian. <\/p>\n<p>Meanwhile, LINK price has dipped about 5% in the past 24 hours after recently climbing to $28, continuing the uptrend that began with its late-June reversal. Despite this pullback, the higher-low pattern remains intact, and bullish projections by crypto.news indicate it could be a prime opportunity to buy the dip. <\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/skYOuuO6\/?symbol=COINBASE%3ALINKUSD\" target=\"_blank\">TradingView<\/a><\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Chainlink ETF joins expanding roster of crypto fund applications<\/h2>\n<p>If approved, the Bitwise Chainlink ETF would join a small but expanding group of crypto-focused funds targeting Chainlink (LINK). Notably, Tuttle Capital Management filed in January for 10 leveraged ETFs, including one for Chainlink. Those ETFs are structured to deliver 2\u00d7 the daily return of the underlying asset using a combination of swaps, options, and direct holdings.<\/p>\n<p>Beyond Tuttle and Bitwise, the SEC currently has a robust pipeline of\u00a070+ crypto-related ETF applications under review, spanning a wide array of tokens, including Ripple (XRP), Solana (SOL), Dogecoin (DOGE), and, as of yesterday, Avalanche (AVAX).<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/bitpinas.com\/learn-how-to-guides\/list-crypto-etf-applications-sec-paul-atkins-2025\/?utm_source=chatgpt.com\" target=\"_blank\"><\/a><\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitwise has filed to launch a Chainlink ETF, aiming to give investors direct exposure to the token through holdings tracked against the CME CF Chainlink-Dollar Reference Rate. Summary Bitwise\u2019s Chainlink&hellip;<\/p>\n","protected":false},"author":1,"featured_media":4743,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8873","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=8873"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8873\/revisions"}],"predecessor-version":[{"id":8874,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/8873\/revisions\/8874"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/4743"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=8873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=8873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=8873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}