Bitwise Shakes Up Crypto Markets with Revolutionary Chainlink ETF Featuring In-Kind Creation
Wall Street meets blockchain as Bitwise unveils game-changing ETF structure that bypasses traditional cash settlements.
The In-Kind Advantage
Forget cash creations—this fund allows authorized participants to directly contribute LINK tokens when creating new shares. It’s a structural innovation that reduces tracking error and tax complications while maintaining pure crypto exposure.
Institutional Gateway
Finally—a regulated vehicle giving traditional finance players clean access to Chainlink’s oracle network without the operational headaches of direct custody. No more navigating obscure exchanges or worrying about wallet security.
Market Impact
The filing signals growing institutional confidence in crypto infrastructure plays—even if traditional finance still can’t decide whether blockchain is a revolution or just a fancy spreadsheet.
Watch for copycats: where Bitwise leads, other asset managers inevitably follow. The race to tokenize everything just accelerated.