Bitwise Files for Spot Chainlink ETF – LINK Surges 5% Amid Institutional Momentum

Another day, another crypto ETF filing—but this one’s got teeth.

Bitwise just threw its hat into the Chainlink ring, and traders are biting. LINK pumped 5% on the news, proving once again that nothing moves markets like the whisper of institutional validation.

Why Chainlink? Oracles are the silent gears turning the DeFi machine—and Bitwise knows it. Real-world data on-chain isn’t just tech; it’s a bet on the infrastructure that could actually change finance. Or at least give Wall Street something new to package and sell.

Let’s be real: the crypto ETF race is starting to feel like a gold rush where everyone’s selling shovels. But if the shovels work, does it matter? Bitwise isn’t just following trends—it’s betting on the pipes, not just the water. And right now, the market’s thirsty.

So yeah, file this one under ‘smart momentum.’ Just don’t be surprised when the same firms that once called crypto a scam are now charging you 85 bps to hold it for you.