- The U.S. SEC has approved a spot ChainLink ETF proposed by Bitwise for listing on the New York Stock Exchange.
- The ETF is expected to begin trading this week and will carry a 0% management fee for the first three months.
- Chainlink (LINK) has shown recent gains but remains well below prior highs, trading up modestly in the last week and down significantly from peak levels.
- ETFs supported major crypto price moves in 2025, notably for Bitcoin and Ethereum, but other assets like Solana and XRP did not reach new highs after their ETF debuts.
- Market participants are currently risk-averse, and broader economic conditions may limit immediate price action for LINK.
The U.S. SEC has approved Bitwise to list a spot Chainlink ETF on the New York Stock Exchange, and reports say the fund could begin trading this week. The product will carry a 0% management fee for the first three months and represents LINK‘s first direct entry into U.S. equity markets, according to a tweet announcing the approval.
Recent price data shows mixed momentum for LINK. CoinGecko data lists a 0.7% rise in the last 24 hours, an 11.8% gain over seven days, and a 13.7% increase on 14-day charts. Despite this short-term rebound, LINK is down about 1% over the past month and 40.8% since January 2026, and it remains more than 73% below its all-time high of $52.70.
ETFs have influenced crypto markets in recent cycles. In 2025, ETF inflows helped push prices for Bitcoin and Ethereum to new highs, and major institutions increased purchases of ETF products. However, the record shows that only Bitcoin reached a new all-time high immediately after its ETF listing in 2024; Ethereum saw limited gains until about a year later, and tokens such as Solana and XRP did not hit new peaks following their ETF debuts.
Market participants currently favor a cautious stance. The article notes that LINK‘s price may remain subdued until broader economic conditions improve, and it is unclear whether the ETF listing will return LINK to its prior highs.
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