Bitwise Files for $LINK Spot ETF: A Bold Move in Crypto Investment

BREAKING: Bitwise drops the paperwork for a Chainlink spot ETF—Wall Street's latest crypto craving just got real.

THE DECKSTACKER PLAY

Bitwise isn't just dipping toes—it's diving headfirst into oracle territory. Filing for a LINK ETF signals more than optimism; it's a calculated bet on smart contracts eating traditional finance.

WHY LINK, WHY NOW?

Oracles bridge crypto and reality—and Chainlink's the undisputed heavyweight. With DeFi sucking up real-world data like caffeine, LINK’s utility isn’t speculative; it’s foundational.

THE REGULatory Gauntlet

SEC scrutiny? A given. But Bitwise’s track record with Bitcoin ETFs suggests they know how to navigate the maze—or at least drag regulators kicking into the future.

BOTTOM LINE

Another day, another ETF filing—because why innovate when you can just financialize? Still, if this clears, it’s a gateway for institutional money to flow into the gears of Web3. Watch this space—or watch it get stuck in paperwork purgatory.

Bitwise has submitted an application to launch a spot ETF for chainlink ($LINK), allowing investors to gain direct exposure to the popular cryptocurrency. This move follows Bitwise’s push to broaden their crypto ETF offerings beyond Bitcoin and Ethereum. The ETF filing represents growing investor demand for diversified crypto products and reflects the ongoing evolution of regulated digital asset investment options. The approval process is underway, contributing to excitement around crypto ETFs in 2025.