Bitwise Moves Closer to Launching Chainlink ETF After DTCC Adds CLNK
Bitwise's proposed Chainlink exchange-traded fund was added to the Depository Trust & Clearing Corporation registry under the ticker CLNK on Nov. 13, signaling progress toward a possible market debut. DTCC registration is typically part of the operational plumbing that enables clearing and settlement and is widely seen as a preparatory move; it does not equate to a final SEC green light or an exchange listing.
If approved and listed, the Bitwise fund would be among the first dedicated ETFs for Chainlink, potentially widening institutional and retail access to LINK and boosting liquidity. Market participants are watching for formal filings and exchange actions next; until the SEC and an exchange complete their reviews, the timetable and market impact remain uncertain, though the DTCC step has already generated notable buzz within the crypto community.