Bitwise Asset Management has filed a proposal for the first dedicated Chainlink (LINK) ETF in the U.S., marking a significant milestone in the crypto space.
ETF Filing for Chainlink
Bitwise has filed a spot Chainlink ETF proposal with the U.S. Securities and Exchange Commission (SEC). The filing, dated August 26, 2025, was made through an S-1 registration. Coinbase will handle token custody and execution.
Background on Bitwise and ETF Innovations
Bitwise is known for its innovative approach to crypto funds and ETFs. The firm’s leadership, including CEO Hunter Horsley and CIO Matt Hougan, brings considerable experience in both traditional asset management and crypto structuring. This new move builds on their track record of launching popular Bitcoin and Ethereum spot ETFs.
Potential Market Impact
If approved, this ETF could significantly impact Chainlink, providing institutional investors with easier access to the market. Analysis indicates a rise in LINK's activity before the filing, suggesting anticipation from knowledgeable investors.
Bitwise's ETF filing for Chainlink represents a key regulatory development in the crypto market, with potential implications for the accessibility and trading volume of Chainlink.