The post Chainlink ETF Listed by DTCC — XRP ETF 8-A Filing Sets Launch Expectations appeared on BitcoinEthereumNews.com. The Depository Trust & Clearing Corporation (DTCC) has officially listed the Bitwise Chainlink Exchange-Traded Fund (ETF) in its active and pre-launch categories. While this appears to be a positive development, experts have noted that it does not guarantee approval from the US Securities and Exchange Commission (SEC).  Speculations for the imminent launch of multiple spot Exchange Traded Funds (ETFs) in the US have taken a different turn as Bitwise’s spot Chainlink (LINK) ETF officially gets listed under the “active and pre-launch” category of the Depository Trust and Clearing Corporation (DTCC) website. The price of LINK has surged 4% on its weekly chart. More About Chainlink ETF Listing on DTCC It was detailed in our earlier publication that Bitwise submitted the preliminary S-1 to the US Securities and Exchange Commission (SEC) in August to launch a regulated Chainlink product that seeks to track the price of its native token. In the filing, Coinbase Custody Trust Company was proposed as the Custodian of the fund, while Coinbase Inc. was mentioned as the primary execution agent. Also, the Trust was said to facilitate “in-kind and cash transactions through the Trust-Directed Trade process”. Most importantly, the proposal has no plans to stake Link tokens, unlike the Grayscale Chainlink ETF, which proposed to stake a portion of the asset, as mentioned in our previous news story. Its listing on the website was done under the ticker symbol (CLNK). While many believe that the latest listing of Bitwise Chainlink ETF on DTCC offers a major boost to its ETF journey, others argue that this does not guarantee approval from the SEC. The official approval of the Chainlink ETF is believed to turn the asset into the next major institutional obsession. Bitwise is reported to be making an attempt to bridge the gap between regulated markets and decentralized infrastructure. To… The post Chainlink ETF Listed by DTCC — XRP ETF 8-A Filing Sets Launch Expectations appeared on BitcoinEthereumNews.com. The Depository Trust & Clearing Corporation (DTCC) has officially listed the Bitwise Chainlink Exchange-Traded Fund (ETF) in its active and pre-launch categories. While this appears to be a positive development, experts have noted that it does not guarantee approval from the US Securities and Exchange Commission (SEC).  Speculations for the imminent launch of multiple spot Exchange Traded Funds (ETFs) in the US have taken a different turn as Bitwise’s spot Chainlink (LINK) ETF officially gets listed under the “active and pre-launch” category of the Depository Trust and Clearing Corporation (DTCC) website. The price of LINK has surged 4% on its weekly chart. More About Chainlink ETF Listing on DTCC It was detailed in our earlier publication that Bitwise submitted the preliminary S-1 to the US Securities and Exchange Commission (SEC) in August to launch a regulated Chainlink product that seeks to track the price of its native token. In the filing, Coinbase Custody Trust Company was proposed as the Custodian of the fund, while Coinbase Inc. was mentioned as the primary execution agent. Also, the Trust was said to facilitate “in-kind and cash transactions through the Trust-Directed Trade process”. Most importantly, the proposal has no plans to stake Link tokens, unlike the Grayscale Chainlink ETF, which proposed to stake a portion of the asset, as mentioned in our previous news story. Its listing on the website was done under the ticker symbol (CLNK). While many believe that the latest listing of Bitwise Chainlink ETF on DTCC offers a major boost to its ETF journey, others argue that this does not guarantee approval from the SEC. The official approval of the Chainlink ETF is believed to turn the asset into the next major institutional obsession. Bitwise is reported to be making an attempt to bridge the gap between regulated markets and decentralized infrastructure. To…