Bitwise’s Chainlink ETF Listed by DTCC Under Ticker CLNK

Highlights:

• DTCC officially lists Bitwise’s Chainlink ETF under the ticker CLNK
• The listing is a good indicator of a future endorsement by the SEC.  
• Approving a Chainlink ETF will increase investors’ exposure to projects that unify traditional and blockchain technology. 

Bitwise’s Chainlink (LINK) exchange-traded fund (ETF) has officially landed on the Depository Trust and Clearing Corporation (DTCC) under the market symbol CLNK. The DTCC is the United States’ main organization that handles trade settlements, custody, and related post-trade services. Listing on the platform’s system does not guarantee automatic approval by the US Securities and Exchange Commission (SEC). However, it is often seen as a positive indicator before the eventual SEC endorsement. 

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BITWISE $LINK ETF $CLNK LISTED ON DTCC WEBSITE pic.twitter.com/66QwfLeA5t

— The Wolf Of All Streets (@scottmelker) November 12, 2025

Chainlink ETF’s listing on DTCC comes a few days after Bitwise filed an 8(a) form for its Spot Dogecoin ETF. On November 6, Bloomberg ETF analyst Eric Balchunas described the ETF application as one that could automatically become effective after 20 days, unless the SEC intervenes to stop it. Notably, this method of filing is uncommon. However, it is fully permitted under the existing regulations for firms that anticipate slow response time from the US regulators. 

Bitwise and Grayscale Lead Approval Race

Bitwise made the first move for a Chainlink spot ETF when it filed an S-1 statement for it in August this year. A month later, Grayscale, another leading asset manager, filed a similar application with the SEC for a potential Chainlink ETF. While both funds will offer investors direct exposure to Chainlink’s native token, LINK, a disparity exists between them. 

Bitwise’s Chainlink ETF does not include any plan to stake LINK tokens. However, Grayscale’s Chainlink ETF proposal suggests that part of the LINK tokens held in its fund could be staked. Staking allows holders to secure the Chainlink network while earning rewards in return. 

Chainlink is a decentralized system that aids blockchains in accessing real-world information, including weather data and market prices. This enables smart contracts to function accurately and effectively with trusted data. Node operators earn LINK for delivering data and staking to secure the network. If approved, these ETFs will allow traditional investors to gain exposure to one of the leading projects that bridges blockchain technology with real-world information.  

The Bitwise Chainlink ETF (ticker: CLNK) has been added to the DTCC eligibility list. Such listing is part of the standard clearing and settlement preparation process and does not indicate that the ETF has received regulatory approval or completed any other required approvals.…

— Wu Blockchain (@WuBlockchain) November 11, 2025

Bitwise Files For Several ETFs’ Approval with the US SEC

On November 1, Crypto2Community reported that Bitwise has filed an amendment to its XRP ETF application with the US regulators. The updated proposal added a 0.34% fee and a new listing venue, the New York Stock Exchange. Labelled No. 4, this amendment is considered final. Meanwhile, Bloomberg analysts suggest that the approval may happen within a few weeks. 

Bitwise’s Solana Staking ETF (BSOL) recently launched with $55.4 million in day-one volume. Describing BSOL’s debut, Eric Balchunas said it had the highest trading volumes of any crypto ETF launched in 2025. “Surprised they didn’t hold off tho and have it come in on Day One to get volume and flows higher. Good news is now we’ll have only organic, easier to measure true demand,” the Bloomberg analyst added.

In related news, Bitwise filed a Form S-1 application to list and trade Hyperliquid’s (HYPE) ETF with the US SEC. The proposal reveals that HYPE ETF will directly hold the token while providing exposure to Hyperliquid’s value held by the trust. This setup will be similar to Bitcoin and Ethereum ETFs launched in 2024.  

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