LINK ETF confirmed for 2025? XRP and SOL launches move up Chainlink timeline
A DTCC listing for Chainlink (LINK) signals operational readiness, but actual ETF approval requires SEC's 19b-4 and S-1 sign-offs.Summary
Recent excitement over a Chainlink (LINK) ETF confirmation, stemming from its appearance on a DTCC reference list, is premature. The DTCC listing only indicates operational readiness for settlement, similar to past instances with Bitcoin and XRP, not regulatory approval from the SEC. For any crypto ETF to launch, two key SEC approvals are mandatory: the exchange must secure approval for a Rule 19b-4 filing, demonstrating market surveillance capabilities, followed by the issuer getting an S-1 registration statement declared effective. While the 2025 generic-listing framework simplifies the process for similar products, meeting liquidity and integrity tests remains challenging for tokens like LINK. If approved, a LINK ETF would offer mainstream investors easy exposure, though it carries trade-offs like management fees and holding exposure rather than direct utility (like staking or DeFi use). The market now has a clear template from BTC, ETH, and XRP launches, suggesting that while DTCC tickers are encouraging, the actual timeline hinges entirely on formal 19b-4 and S-1 approvals.
(Source：CryptoSlate)