Key Takeaways
- Bitwise’s proposed Chainlink ETF, ticker CLNK, is now listed on the DTCC website.
- A DTCC listing means that the fund is technically ready for trading once it receives final regulatory clearance.
Bitwise’s proposed Chainlink ETF has been listed on the Depository Trust & Clearing Corporation (DTCC) website under the ticker CLNK. A DTCC listing means the fund’s shares are ready for settlement through DTCC once it launches, often seen as a precursor to a market debut.
DTCC, a financial services corporation that lists ETFs for clearing and settlement, now shows the Chainlink-focused fund among pending products. Chainlink, a decentralized oracle network integrating with traditional finance institutions, has attracted multiple ETF proposals from asset managers.
Grayscale has also filed for a spot Chainlink ETF, indicating growing institutional interest in the oracle token. Additional Chainlink ETF proposals, including leveraged versions, are pending approval and expected to launch soon.
Source: https://cryptobriefing.com/bitwise-chainlink-etf-listed-dtcc-clnk/