The Depository Trust and Clearing Corporation (DTCC) has officially listed Bitwise’s proposed spot Chainlink ETF (CLNK) under its “active and pre-launch” section, sparking optimism across the crypto community. The DTCC, a key U.S. institution handling trade settlement and custody services, often signals market readiness when adding ETFs to this stage of listing.

Bitwise’s ETF, first filed in August through an S-1 submission to the SEC, marks the first-ever proposal for a Chainlink-based ETF. Although listing on the DTCC does not guarantee regulatory approval, it is widely seen as a positive step toward potential launch. Grayscale followed with its own Chainlink ETF proposal in September, which may include LINK staking — unlike Bitwise’s version.

Chainlink, powered by its native token LINK, serves as a decentralized oracle network that connects smart contracts with real-world data. The development underscores growing institutional interest in blockchain infrastructure assets beyond Bitcoin and Ethereum.

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