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Bitwise Chainlink ETF now listed on DTCC website under ticker CLNK

Bitwise Chainlink ETF now listed on DTCC website under ticker CLNK

The DTCC is the main US clearing and settlement agency that processes virtually all securities trades once they go live on exchanges.

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.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.

Bitwise Chainlink ETF now listed on DTCC website under ticker CLNK

Bitwise Chainlink ETF now listed on DTCC website under ticker CLNK

The DTCC is the main US clearing and settlement agency that processes virtually all securities trades once they go live on exchanges.

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.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.