Bitwise Files FIRST Chainlink ETF: What It Means for LINK Price & Altcoin ETFs

Bitwise Asset Management has made history by becoming the first firm to file for a spot Chainlink ETF with the SEC. This video breaks down everything you need to know about this groundbreaking development. We'll cover the details from the official SEC filing, including how the Bitwise Chainlink ETF will hold the LINK token and offer in-kind creation and redemptions. We'll analyze the immediate market reaction, which saw LINK's price surge over 4% on the news. This filing is part of a larger trend of altcoin ETF applications flooding the SEC, including recent filings for funds tracking Solana staking tokens, Avalanche, and even politically-themed cryptocurrencies. We'll discuss what this means for the future of crypto adoption and investment. Keywords: Chainlink ETF, Bitwise ETF, LINK price prediction, altcoin ETF, cryptocurrency news, SEC filing, Bitcoin ETF, Ethereum ETF, crypto investment, blockchain oracle, decentralized finance, DeFi, crypto market analysis.