Even Bitwise jumps on the Chainlink-MANIA 🚀 and submits the prospectus to the SEC for approval of a $LINK ETF 📄✅. This is part of a broader effort by this fund manager, as well as others in the sector, to bring more vehicles to regulated U.S. exchanges—vehicles in the form of ETFs that will expand the pool of potential investors in these projects.

Curious note: staking is not yet planned, although the prospectus can certainly be updated in the future based on SEC guidance, with the U.S. regulatory agency having repeatedly expressed interest in opening up this activity.

Even Bitwise joins the Chainlink bandwagon

Regardless of price, it’s a great time for Chainlink 🔗, a protocol offering oracles that bring real-world data on-chain, as well as a powerful system for interoperability across chains 🌐.

Just yesterday, the group signed an agreement with SBI Holdings in Japan 🇯🇵, confirming the ecosystem’s strong position with a partnership with a multi-billion capital management company already active in crypto. Now comes another milestone.

Bitwise, a fund and capital manager focused 100% on crypto, has sent a request to the SEC for approval of a spot ETF—an ETF that will buy $LINK on the market and offer investors the chance to purchase shares to trade on the exchange 💹.

It will be almost identical in format to the successful Bitcoin and Ethereum ETFs, potentially expanding the pool of investors interested in this cryptocurrency.

Interesting also for baskets

Just yesterday, Canary requested approval for a U.S. crypto ETF 🇺🇸, signaling market interest that will soon focus on a subset of cryptocurrencies made particularly appealing by U.S. policies under the Trump administration, which have historically been very open to the sector.

Chainlink is considered a “Made in America” project 🇺🇸, also due to the founder Sergey Nazarov’s participation in various meetings held at the White House and, more generally, at the government level on crypto matters.