Bitwise Asset Management has submitted an application for a Chainlink ETF, which could open new opportunities for institutional investments in the asset.
Bitwise's Application for Chainlink ETF
Bitwise Asset Management has formally submitted an S-1 application to the SEC for a Chainlink ETF. This move aims to provide regulated market access for Chainlink (LINK). No official statements have been made by Bitwise or Chainlink regarding the filing.
Anticipated Market Impact of Chainlink
If approved, the ETF could introduce new channels for institutional investment in LINK. Historically, ETFs have led to increased trading volumes and inflows for underlying assets; however, this phase is pending SEC approval. The market has already begun to show anticipatory behavior in trading patterns.
Chainlink's Future and Institutional Investments
As of August 26, 2025, Chainlink (LINK) has a market cap of $15.80 billion, representing 0.42% of the total market. The current price is $23.30, having decreased by 5.22% over the past 24 hours. In the past 90 days, Chainlink has experienced a 46.79% increase amidst significant market activity. Experts highlight that regulatory clarity could attract large institutional investments into Chainlink, benefiting liquidity and market stability.
Bitwise's application for the Chainlink ETF could represent a significant milestone for institutional investments in crypto assets, contingent on regulatory approval.