Bitwise Chainlink ETF Listed on DTCC, Awaits SEC Approval

Bitwise Asset Management’s Chainlink ETF has taken a significant step forward with its listing on the DTCC platform. This signifies progress towards offering crypto ETFs to institutional investors. While awaiting SEC approval, the listing marks an operational milestone for the ETF and contributes to increased on-chain activity, albeit at a price level that has stabilized around $23.50. The listing also signals increasing institutional interest in cryptocurrency as a whole.