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The first Chainlink Spot ETF is going live this week? A new channel for traditional funds to get on board is here.
[Coin World] I've heard that the first Chainlink Spot ETF is set to launch this week? This is good news for traditional investors who want to allocate LINK but don't want to deal with Wallets.
After all, products like spot ETFs allow people to directly hold the underlying tokens without worrying about exchange custody risks, and they also save the trouble of managing private keys. For the Chainlink ecosystem, the launch of such compliant products is, to some extent, a signal of the mainstream financial market's increased recognition of the oracle sector.
However, which institution issues it, the fee rate, and the liquidity will have to wait until the official announcement to see.