Bitwise Seeks SEC Approval for Spot Chainlink ETF Tracking LINK Price

TLDR: Bitwise files for a spot Chainlink ETF, aiming to track LINK’s price directly for investors. The proposed ETF would hold LINK directly, with Coinbase acting as custodian and agent. SEC’s approval of the ETF remains uncertain, with altcoin ETFs still facing regulatory hurdles. The firm’s approach simplifies the ETF structure to increase chances of [...]

The post Bitwise Seeks SEC Approval for Spot Chainlink ETF Tracking LINK Price appeared first on Blockonomi.