LINK spot ETF approved for listing in New York, another step forward in the integration of traditional finance and Web3

ForkMonger · 2026-01-06T14:28:11+00:00

The spot ETF for Link Coin has been approved and listed in the United States, with the ticker symbol CLNK, allowing investors to hold LINK through traditional stock accounts. The Bank of New York Mellon is responsible for custody, ensuring compliance and security. The ETF's listing is expected to attract more funds, further promoting the integration of Web3 and traditional finance.

ForkMonger

2026-01-06 14:28:11

Abstract generation in progress

【BiTu】The spot ETF for LINK has finally landed in the United States. Asset management firm Bitwise has just received the green light from the SEC to list the LINK spot ETF on NYSE Arca, with the ticker symbol CLNK. This means institutional investors and retail traders can now directly hold LINK exposure through traditional stock accounts, without the hassle of wallets and exchanges.

Custody is no longer a concern, as it is jointly managed by BNY Mellon and a leading compliant custody institution, providing double insurance. This setup has become standard in crypto financial products—ensuring compliance and giving institutions peace of mind.

As a leading oracle provider, LINK has seen increasing integration with DeFi and traditional financial data over the past few years. Now that the ETF is launched, more conservative funds may consider allocation. How the market reacts will depend on subsequent trading volume, but from the approval standpoint, it is indeed another signal of Web3 and traditional finance embracing each other.

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MEVHunterX

· 01-09 10:46

LINK is now so compliant, finally having the ticket that traditional institutions have been dreaming of. But honestly, the real test is still to come; just look at the trading volume to see if it’s still popular.

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WhaleMinion

· 01-08 15:05

Finally, no need to mess around on the exchange anymore. Buy LINK directly through a stock account. This move is indeed more convenient.

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DAOdreamer

· 01-07 21:03

Alright, alright, another ETF approved. Now traditional finance is really starting to take cryptocurrencies seriously, not just paying lip service.

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BearEatsAll

· 01-06 20:45

Another ETF is here, this time it's LINK. To be honest, Mellon Bank's endorsement is indeed solid, but trading volume is king. If no one buys, it's all for nothing.

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TideReceder

· 01-06 14:58

Well... The endorsement by Mellon Bank is still a bit particular, better than keeping it in a cold wallet yourself. LINK is indeed a stable asset, with the leading position in oracles, just worried about overhype. Let's wait for the trading volume data before making any conclusions. It's still too early to talk about integration. The real test is whether institutions will actually invest real money; otherwise, it's just a story. Retail investors can directly buy with a stock account, which is indeed more convenient.

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LiquidityWitch

· 01-06 14:55

ah, the oracle oracle finally gets its altar in the halls of traditional finance... CLNK brewing some serious alchemical fusion, ngl. double custody setup screams "we're making this legit" but does it actually matter when the real alpha was always in the forbidden strats? curious to see if this legitimacy ritual actually moves liquidity or just creates another dry well...

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AirdropHunterZhang

· 01-06 14:53

Oops, it's another "compliance" story. Mellon Bank has stepped in, so it looks like this time it's serious. But speaking of which, LINK should have had a spot ETF a long time ago. It's a bit late now... Old investors can finally stop messing with private keys and buy directly from brokers. This is the real "free ride" channel haha

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ThatsNotARugPull

· 01-06 14:48

Bank of Mellon endorsement does carry some weight, but what really matters is whether trading volume can pick up. Retail investors can directly buy LINK in their stock accounts, which indeed lowers the barrier, but the question is whether institutions will really step in massively.

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AllInAlice

· 01-06 14:33

Whoa, CLNK is listed? Now the old folks in traditional finance can finally stop learning how to use MetaMask haha

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