Is a Chainlink ETF launch imminent?...Registered with U.S. DTCC

JOON HYOUNG LEE

Summary

Reported that Bitwise's Chainlink spot ETF was registered with the U.S. DTCC.
The ETF has not received SEC approval, but the registration was described as an indicator that approval is likely.
8-A form has not yet been submitted; it was reported that this filing generally signals that an ETF launch is imminent.

On the 12th (local time), according to Cointelegraph, U.S. asset manager Bitwise's Chainlink spot ETF was registered with the DTCC that day. The ticker is CLNK. Cointelegraph said, "(DTCC registration) does not guarantee the ETF's approval by the U.S. Securities and Exchange Commission (SEC)," and "(however) it is an indicator that the ETF is likely to be approved."

Bitwise has reportedly not yet filed the 8-A form for the Chainlink ETF with U.S. authorities. The 8-A form is one of the documents that a fund manager must finally submit to U.S. authorities before an ETF is listed. Earlier, Bitwise filed an S-1 form with the SEC in August to launch the Chainlink ETF. Cointelegraph said, "(the filing of an 8-A form) often indicates that an ETF launch is imminent."

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