- Bitwise receives SEC approval for LINK spot ETF on NYSE Arca.
- Absence of primary source confirmation raises questions.
- LINK’s price increased by 11% amid ETF listing news.
Bitwise Asset Management has reportedly secured SEC approval for its Chainlink spot ETF (CLNK) listing on NYSE Arca, with custody shared by Coinbase Custody and Bank of New York Mellon.
This approval potentially boosts Chainlink’s market presence, yet lacks confirmation from pivotal stakeholders and official channels, leaving market participants to analyze the ETF’s long-term impact.
Bitwise Cleared by SEC for LINK ETF on NYSE Arca
Market reactions have been mixed, as secondary news suggests rising LINK volumes with a 45% trading increase. Key figures have yet to comment, highlighting the need for official confirmations from Bitwise and other major players.
No approval notices or confirmations listed for the Bitwise Chainlink ETF in current EDGAR filings. — SEC Official, U.S. Securities and Exchange Commission
LINK Price Surge and Market Insights and Analysis
Did you know? Chainlink’s price surged 11% following ETF listing reports, echoing previous Bitcoin ETF effects, suggesting institutional influence remains pivotal in cryptocurrency pricing trends.
As of January 6, 2026, Chainlink (LINK) trades at $14.07 with a market capitalization of $9.96 billion. CoinMarketCap data reveals LINK’s 24-hour volume rose 49.11%, while its price increased 3.67% over 24 hours. Over a 90-day period, LINK’s value dropped 36.15%.
Chainlink(LINK), daily chart, screenshot on CoinMarketCap at 14:49 UTC on January 6, 2026. Source: CoinMarketCapInsights from the Coincu research team suggest that financial impacts from ETF listings could be vast, challenging expectations from SEC’s previous approvals of Bitcoin and Ethereum ETFs. The potential technological advancements in Chainlink’s integration with DeFi networks might further influence its market trajectory.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/news/bitwise-secures-link-spot-etf-approval/
