Bitwise Aims for Chainlink ETF Approval as Crypto ETFs Grow

In a move that could significantly impact the world of cryptocurrency investing, Bitwise is seeking approval from the U.S. Securities and Exchange Commission (SEC) for a Spot Chainlink ETF. This filing signifies the growing trend of single-token crypto funds, providing investors with direct access to major blockchain assets like LINK, the token used in the Chainlink network. The ETF aims to track the price of LINK, offering a regulated alternative to directly owning the cryptocurrency.