SEC Approves Bitwise Chainlink Spot ETF Listing

SEC Greenlights Chainlink Spot ETF

Recently, according to a report from Coin Bureau, the U.S. Securities and Exchange Commission (SEC) has approved the listing of Bitwise's Chainlink spot ETF on the New York Stock Exchange (NYSE). This marks Chainlink’s first direct entry into the traditional stock market and holds significant implications for the broader crypto industry.

ETF Launch Expected Soon

Notably, the Chainlink ETF is expected to officially launch within the week, and will implement a 0% management fee for the first three months, aiming to attract investor interest and boost market participation.

Significant Industry Impact

This SEC approval not only opens a new investment avenue for Chainlink but also signals a gradually more open stance from regulators toward crypto-related financial products, paving the way for more similar offerings in the future.