Chainlink Price Prediction: Billion-Dollar Firm Bitwise Targets
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Bitwise just filed for a Chainlink ETF – Chainlink price prediction now points to major upside as institutions eye LINK.
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Alejandro Arrieche
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Alejandro Arrieche
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Last updated:
3 hours ago
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
Bitwise has filed to list a Chainlink (LINK) exchange-traded fund (ETF) – a move that signals growing institutional confidence and supports a bullish Chainlink price prediction.
LINK has climbed in the past 24 hours and now ranks among the best-performing major cryptos (excluding stablecoins), with year-to-date gains of 22% and a fresh 3.5% daily increase adding to the momentum.
Bitwise did not provide a name for this new ETF yet but has already picked Coinbase as custodian for the tokens that the funds will hold.
One innovative aspect of this vehicle is that investors will be able to buy by using LINK tokens and could also opt to receive LINK when they sell their shares.
A handful of ETFs linked to altcoins including Solana (SOL) and XRP (XRP) have been launched this year including the REX-Osprey Solana + Staking ETF (SSK) and the ProShares Ultra XRP ETF (UXRP).
These vehicles allow investors to get exposure to cryptocurrencies via the regulated markets at a point when President Donald Trump is vowing to let 401(k) account holders invest in this type of asset.
Chainlink Price Prediction: LINK Eyes $60 If Trend Line Support Holds.
Chainlink has grown to become a well-reputed project in the crypto space. Its price feeds and interoperability solutions have been adopted by hundreds of protocols and blockchains.
The network’s total value secured (TVS) recently hit an all-time high of $93.7 billion, indicating that top...
https://cryptonews.com/news/chainlink-price-prediction-billion-dollar-firm-bitwise-targets-link-for-next-etf-institutions-buying-link/
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