Bitwise Submits Application for First U.S. Spot Chainlink ETF, LINK Rises 5%
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 28 2025Chainlink ETF Filing Impact: Chainlink (LINK) surged 5% after Bitwise Asset Management filed for a U.S. spot Chainlink ETF, allowing institutional investors direct exposure to LINK through Coinbase Custody.
Market Predictions: Analysts predict that if the ETF is approved, LINK could rise to between $26 and $38, with long-term forecasts suggesting a peak near $195 by 2030.
Institutional Demand and Adoption: The ETF filing indicates strong institutional interest in LINK, supported by recent ecosystem developments and growing adoption of Chainlink's oracle services.
Regulatory Risks: While the ETF could significantly boost LINK's price, regulatory delays or negative market sentiment could lead to a price drop to the $22-$23 range.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
