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Tag: traders monitor institutional momentum

Bitwise Chainlink ETF Gains DTCC Eligibility as LINK Price Holds Above $15

The post Bitwise Chainlink ETF Gains DTCC Eligibility as LINK Price Holds Above $15 appeared com. TLDR: Bitwise Chainlink ETF added to DTCC list, marking procedural progress. DTCC eligibility does not signal SEC approval or trading start. LINK trades near $15. 38 after a volatile rebound week. Institutional focus grows as traders eye $16-$17 resistance zone The Bitwise Chainlink ETF (ticker: CLNK) has been added to the Depository Trust & Clearing Corporation (DTCC) eligibility list. This marks an early procedural step in preparing the fund for potential market settlement. The listing does not represent approval from the Securities and Exchange Commission (SEC) or any other regulatory body. However, it has attracted attention from traders tracking institutional engagement with Chainlink’s growing ecosystem. Bitwise Chainlink ETF Joins DTCC Eligibility List According to data shared by Wu Blockchain, the listing represents part of the standard clearing and settlement process for new ETFs. The DTCC designation allows the Bitwise Chainlink ETF to move through technical systems once all required approvals are completed. It is not a sign that trading will begin soon, but it does suggest readiness for operational setup. 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 The update is as a typical yet necessary step before any ETF launch in the U. S. The DTCC’s role ensures that securities can settle efficiently once regulators provide clearance. For Chainlink, this procedural milestone added fresh momentum to discussions about the network’s expanding role in traditional finance. The move also aligns with broader efforts by asset managers to introduce blockchain-linked investment products with institutional backing. Bitwise’s ETF proposal aims to connect decentralized data infrastructure with regulated financial frameworks. Although no official.