Bitwise Files Chainlink ETF Proposal With SEC

Bitwise has officially submitted a proposal to the U.S. Securities and Exchange Commission for a spot Chainlink (LINK) Exchange-Traded Fund (ETF), marking a significant first for the cryptocurrency market. This groundbreaking move could unlock greater institutional access to Chainlink, as Coinbase Custody will handle token storage and Coinbase Prime will manage execution. The ETF is designed to offer investors a more straightforward way to participate in the crypto market with regulated accessibility.