Chainlink ETF Potential Grows Amid Recent Developments
- Chainlink appeared on a DTCC reference list, sparking speculation of a LINK ETF confirmation.
- Most crypto ETFs listed by DTCC typically launch within six months, as seen with Bitcoin and XRP.
- To launch, an ETF must secure two key SEC approvals—Rule 19b-4 and Form S-1 registration.
- The SEC’s new framework aims to simplify the approval process for digital asset ETFs.
- A successful LINK ETF could allow investors to buy LINK alongside traditional stocks without needing wallets or seed phrases.
The appearance of Chainlink on the DTCC list indicates operational readiness for a potential ETF, although it has not yet passed regulatory approvals. The SEC’s scrutiny focuses on market size and manipulation prevention measures before granting these approvals.
Currently, the chance of a Chainlink ETF launching in the near future stands at around **30%**, influenced by recent developments like the launch of XRP ETFs.(Source)