Bitwise’s Chainlink ETF has been listed on the DTCC website under the ticker “CLNK,” marking progress toward potential approval. The listing is a procedural step, not an official SEC approval, but it sparked excitement within the crypto community.
LINK’s price, however, dropped over 7% to $15.20 in 24 hours. The ETF aims to provide institutional and retail exposure to LINK tokens. Approval timelines remain uncertain, as the SEC’s review process faces delays due to a U.S. government shutdown expected to end after the upcoming House vote.
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