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Bitwise Chainlink ETF Listed on DTCC Pre-Launch Registry
Bitwise's spot Chainlink ETF has been listed on the Depository Trust and Clearing Corporation (DTCC) registry, suggesting it is nearing its launch. However, this does not ensure approval by the United States Securities and Exchange Commission (SEC).
- The Bitwise Chainlink ETF appeared under the ticker CLNK in DTCC's "active" and "pre-launch" categories as of November 11.
- Bitwise submitted an S-1 registration for a spot Chainlink ETF tracking LINK price in August, with plans to list shares on a US national exchange.
- The ETF will be structured as a Delaware statutory trust with its NAV linked to the CME CF Chainlink–Dollar Reference Rate.
- Form 8-A, a final document required before offering securities on an exchange, is yet to be filed, indicating the launch is impending but not finalized.
Additionally, five spot XRP ETFs from Franklin Templeton, Canary Capital, 21Shares, CoinShares, and Bitwise have also been listed on the DTCC registry, hinting at a potential US launch soon.
Grayscale has also applied to convert its Chainlink Trust into a spot ETF, submitting its filing to the SEC on September 8.