Top Dev Activity Meets a Spot ETF Filing
The post Top Dev Activity Meets a Spot ETF Filing appeared on BitcoinEthereumNews.com. Chainlink recorded 311+ development activities in the last 30 days, leading all DeFi projects. Bitwise filed for a Chainlink ETF, potentially opening the door for institutional inflows. LINK trades in a consolidation range of $21.32-$27.14, with a breakout likely to define its next move. Two significant bullish catalysts for Chainlink (LINK) have emerged, strengthening the long-term fundamental case for the network. New on-chain data confirms Chainlink now leads all of DeFi in development activity, a key growth metric that arrives just as Bitwise has filed for the first spot Chainlink ETF in the U.S. While the LINK price remains in a consolidation phase, these underlying developments point to significant potential. Santiment Data Confirms Chainlink’s Dominance in Development Chainlink has secured the top spot in the latest Santiment ranking of DeFi projects by development activity, establishing its dominance as one of the most actively building ecosystems. What does the Santiment data show? Data from on-chain analytics firm Santiment shows that Chainlink recorded over 311 notable development activities in the past 30 days, far outpacing its closest competitors. This high level of activity, which includes major upgrades like the recent Staking v0.2 rollout, is a key indicator of the project’s long-term health. Spot LINK ETF Filing from Bitwise Signals Institutional Demand Chainlink’s strong development activity coincides with a major institutional catalyst that could significantly impact its market access. What is the Bitwise Chainlink ETF? Bitwise Asset Management recently filed with the US Securities and Exchange Commission (SEC) to launch a spot Chainlink ETF. If approved, the Bitwise Chainlink ETF would be the first US exchange-traded fund designed to offer direct exposure to the LINK token. The fund would issue shares representing fractional interests in Chainlink held by the trust, providing institutional and retail investors with easier access to the asset. New Partnerships…
The post Top Dev Activity Meets a Spot ETF Filing appeared on BitcoinEthereumNews.com.
Chainlink recorded 311+ development activities in the last 30 days, leading all DeFi projects. Bitwise filed for a Chainlink ETF, potentially opening the door for institutional inflows. LINK trades in a consolidation range of $21.32-$27.14, with a breakout likely to define its next move. Two significant bullish catalysts for Chainlink (LINK) have emerged, strengthening the long-term fundamental case for the network. New on-chain data confirms Chainlink now leads all of DeFi in development activity, a key growth metric that arrives just as Bitwise has filed for the first spot Chainlink ETF in the U.S. While the LINK price remains in a consolidation phase, these underlying developments point to significant potential. Santiment Data Confirms Chainlink’s Dominance in Development Chainlink has secured the top spot in the latest Santiment ranking of DeFi projects by development activity, establishing its dominance as one of the most actively building ecosystems. What does the Santiment data show? Data from on-chain analytics firm Santiment shows that Chainlink recorded over 311 notable development activities in the past 30 days, far outpacing its closest competitors. This high level of activity, which includes major upgrades like the recent Staking v0.2 rollout, is a key indicator of the project’s long-term health. Spot LINK ETF Filing from Bitwise Signals Institutional Demand Chainlink’s strong development activity coincides with a major institutional catalyst that could significantly impact its market access. What is the Bitwise Chainlink ETF? Bitwise Asset Management recently filed with the US Securities and Exchange Commission (SEC) to launch a spot Chainlink ETF. If approved, the Bitwise Chainlink ETF would be the first US exchange-traded fund designed to offer direct exposure to the LINK token. The fund would issue shares representing fractional interests in Chainlink held by the trust, providing institutional and retail investors with easier access to the asset. New Partnerships…
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