ETF Filing - Bitwise files for a Chainlink ETF with in-kind creation and redemption [1]

BlackRock has accumulated +2.26M $ETH since May.Outpacing all other ETFs.Total domination. https://t.co/Nja4DF0Sy0 ...

ETF Filing & Structure - Bitwise has filed an S-1 with the SEC for a Chainlink ETF, aiming to provide regulated exposure to $LINK [1] - The proposed ETF will directly hold LINK and track the CME CF Chainlink-Dollar Reference Rate [1] - Coinbase Custody Trust Company is proposed as the custodian, with Coinbase, Inc, as the prime execution agent [1] - The ETF will not include staking provisions, focusing solely on spot market price exposure [2] - Standard creation and redemption processes are detailed, allowing for both in-kind and cash transactions via a "Trust-Directed Trade" process [3] Strategic Rationale & Market Impact - The ETF filing aligns with Bitwise's strategy to diversify single-token crypto products beyond Bitcoin and Ethereum [3] - Bitwise CIO Matt Hougan views Chainlink as a "cleanest" crypto play, highlighting its role in tokenization and blockchain infrastructure [4] - Approval of the Bitwise Chainlink ETF would mark a significant step in Wall Street's expansion into the digital asset sector, focusing on oracle network tokens [4]

🇺🇸 BREAKING: Canary Capital has just filed an S-1 with the SEC to launch a $TRUMP ETF. https://t.co/7y2Z249m24 ...

💥BREAKING:Canary files for an S-1 registration for a $TRUMP Coin ETF. ...

Market Trend - Spot ETF for Chainlink is anticipated [1]

The ETH ETFs are mounting a strong green streak with $443.9M in net inflows on MondayThat's $1.069B in net inflows over the past 3 sessions https://t.co/jV5bzXFxgk ...

ETF Industry News - Major indices showed mixed performance with the Shanghai Composite Index down 0.39%, Shenzhen Component Index up 0.26%, and ChiNext Index down 0.76. Several agricultural sector ETFs saw gains, including E Fund Agricultural ETF (562900.SH) up 2.94%, Agricultural ETF (159825.SZ) up 2.90%, and Agricultural 50 ETF (516810.SH) up 2.85. In contrast, multiple electronic sector ETFs declined, with AI ETF (588760.SH) down 3.35%, Chip Design ETF (588780.SH) down 3.10%, and AI ETF on the Sci-Tech Innovation Board (588930.SH) down 2.69 [1][5]. Domestic ETF Scale - The total scale of domestic ETFs has surpassed 5 trillion yuan, reaching a historic high of 5.07 trillion yuan as of August 25. The breakdown includes stock ETFs at 3.46 trillion yuan, cross-border ETFs at 753.72 billion yuan, bond ETFs at 555.90 billion yuan, commodity ETFs at 153.26 billion yuan, and money market ETFs at 142.47 billion yuan [2]. Growth of Equity ETFs - The equity ETF market in China has seen significant growth, with a total scale of 41,170.94 billion yuan as of August 25, marking a year-to-date increase of 7,982.72 billion yuan, or 24.05%. A total of 718 equity ETFs have experienced growth this year, with 23 products increasing by over 10 billion yuan. Industry experts suggest that with policy support and market maturity, equity ETFs are expected to play a crucial role in market stability and asset allocation [3]. Brokerage ETF Business - The top three brokerages in terms of ETF holdings remain unchanged, with China Galaxy leading at 23.46% market share, followed by Shenwan Hongyuan at 17.25%. CITIC Securities, China Merchants Securities, and Guotai Junan hold 6.71%, 4.72%, and 4.71% respectively. The rankings indicate stability in the brokerage sector's ETF business [4]. Market Performance Overview - On August 26, the A-share market showed mixed results, with the Shanghai Composite Index down 0.39% to 3,868.38 points, the Shenzhen Component Index up 0.26% to 12,473.17 points, and the ChiNext Index down 0.76% to 2,742.13 points. The top performers over the past five trading days include the Sci-Tech Innovation 50, with a gain of 14.26% [5]. Sector Performance - In sector performance, Agriculture, Beauty Care, and Basic Chemicals led the day with gains of 2.62%, 2.04%, and 1.26% respectively. Conversely, the Pharmaceutical, Non-Bank Financials, and Steel sectors lagged with declines of -1.09%, -1.06%, and -0.98% [7]. ETF Market Overview - The average performance of various ETF categories indicates that commodity ETFs performed the best with an average increase of 0.15%, while cross-border ETFs had the worst performance with an average decline of -0.85% [10]. Top Performing ETFs - The top five performing ETFs today include E Fund Agricultural ETF (562900.SH) with a gain of 2.94%, Online Consumption ETF (159728.SZ) up 2.92%, and Agricultural ETF (159825.SZ) up 2.90%. Other notable mentions include Agricultural 50 ETF (516810.SH) up 2.85% and Livestock Breeding ETF (516670.SH) up 2.78% [12][13]. ETF Trading Volume - The top three ETFs by trading volume today were Sci-Tech Innovation 50 ETF (588000.SH) with 6.126 billion yuan, A500 ETF (512050.SH) with 5.828 billion yuan, and ChiNext ETF (159915.SZ) with 5.706 billion yuan [15][16].

ETF Filing - Bitwise filed for a Chainlink ETF [1]

⚡️JUST IN: Bitwise has filed an S-1 with the SEC to launch a Chainlink ETF. https://t.co/Jj5JzKtRXO ...