Overview
- Bitwise’s proposed Chainlink fund appears on the DTCC registry under ticker CLNK in both active and pre-launch categories.
- The DTCC listing is a clearing-and-settlement step that does not constitute SEC approval or indicate that trading will begin.
- Regulatory decisions remain delayed during a roughly six‑week U.S. government shutdown, though the Senate has passed a funding bill to restart operations.
- Bitwise filed an S‑1 in August but has not submitted Form 8‑A, a key filing typically required before an exchange listing.
- LINK slipped into the mid‑$15 range after the listing, as traders pared exposure, and rival proposals—such as Grayscale’s staking-enabled concept—face potentially closer scrutiny; Bitwise’s plan names Coinbase Custody and references the CME CF Chainlink–Dollar index with in‑kind creations.