{"id":15443,"date":"2025-08-27T16:27:53","date_gmt":"2025-08-27T14:27:53","guid":{"rendered":"https:\/\/wsj-crypto.com\/?p=15443"},"modified":"2025-08-27T16:27:53","modified_gmt":"2025-08-27T14:27:53","slug":"chainlink-and-xrp-clash-intensifies-with-bitwises-link-etf-application","status":"publish","type":"post","link":"https:\/\/wsj-crypto.com\/index.php\/2025\/08\/27\/chainlink-and-xrp-clash-intensifies-with-bitwises-link-etf-application\/","title":{"rendered":"Chainlink and XRP Clash Intensifies with Bitwise’s LINK ETF Application"},"content":{"rendered":"

“`html
\n<\/p>\n

\n
\n
Trusted Editorial<\/u> material, evaluated by prominent industry specialists and experienced editors. Ad Disclosure<\/a><\/div>\n<\/p><\/div>\n

The contest for crypto ETFs is escalating as two digital assets, Chainlink (LINK) and XRP, <\/span>come under examination<\/span><\/a>. Crypto asset management firm Bitwise has officially <\/span>filed documentation<\/span><\/a> with the U.S. Securities and Exchange Commission (SEC) on Tuesday, aiming to introduce a Bitwise Chainlink ETF that offers investors direct access to LINK, the native token of the oracle network.<\/span><\/p>\n

Bitwise Advances With Chainlink ETF Submission<\/h2>\n

As per the S-1 submission, the fund will directly own LINK, <\/span>giving investors<\/span><\/a> a means to achieve exposure to the token without needing to purchase it outright in the open market. In practice, this implies that investors can generate shares using the <\/span>LINK token <\/span><\/a>and redeem their shares to obtain LINK again, or they can finalize the process in cash. Shares in the fund will also be issued and redeemed in cash, a Trust-Directed-Trade method that resembles the framework of other spot ETFs.<\/span><\/p>\n

The SEC has only recently commenced permitting issuers to provide in-kind creation and redemption for <\/span>crypto-oriented ETFs. <\/span><\/a>The <\/span>Bitwise Chainlink ETF proposal<\/span><\/a> has yet to incorporate a ticker symbol. It does not define the precise listing venue. Nevertheless, Bitwise intends to list the fund on a U.S. national securities exchange following SEC approval. The documentation, however, indicates that Coinbase Custody Trust Company would function as the custodian for the LINK tokens and also act as the primary execution agent.<\/span><\/p>\n

Chainlink\u2019s price movement has already reacted positively to the announcement of the Bitwise ETF proposal. The token is currently trading above $23 and has increased nearly 5% on the daily chart. Traders are now monitoring to see if LINK can extend its ETF momentum and push toward <\/span>a price surge to $30 <\/span><\/a>if the cryptocurrency sustains its upward trend.<\/span><\/p>\n

Chainlink And XRP Compete For ETF Attention<\/h2>\n

Even as <\/span>Chainlink garners interest<\/span><\/a> with its ETF submission, XRP is closely trailing in the competition. Bitwise has <\/span>submitted revised S-1 forms<\/span><\/a> for its XRP ETF, with vital triggers for potential SEC approval anticipated in October. The revisions to the XRP ETF submission were likely prompted by feedback from the SEC.\u00a0<\/span><\/p>\n

Should the <\/span>XRP ETF follow a trajectory similar<\/span><\/a> to Ethereum\u2019s, market analysts forecast that approval may arrive earlier, with trading starting about two months later. Conversely, if it mimics the same trend as Bitcoin ETFs, the most favorable scenario could see trading commence within merely one to five days post-approval, rather than waiting months.<\/span><\/p>\n

With Bitwise submitting for a LINK ETF and also pursuing an XRP offering, <\/span>both tokens are firmly in focus<\/span><\/a> and may soon compete directly as regulated investment vehicles accessible through spot ETFs.\u00a0<\/span><\/p>\n

XRP\u2019s price activity remains stable, even as it awaits ETF approval. The token is lingering near $3.22 after recently rising to $3.60. Traders are currently observing to see if XRP can breakout once more as the <\/span>ETF review process<\/span><\/a> progresses.<\/span><\/p>\n

\"Chainlink
LINK price loses support at $25 | Source: LINKUSDT on TradingView.com<\/a><\/figcaption><\/figure>\n

Featured image from DALL.E, chart from TradingView.com<\/p>\n

\n\t\t\t\t\t\t\t\t\t<\/p>\n

Editorial Process<\/strong> for bitcoinist is focused on delivering extensively researched, precise, and impartial content. We adhere to strict sourcing criteria, and every page undergoes careful evaluation by our team of premier technology experts and veteran editors. This process guarantees the integrity, relevance, and value of our material for our audience.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n


\n
Source link <\/a>
\n“`<\/p>\n","protected":false},"excerpt":{"rendered":"

“`html Trusted Editorial material, evaluated by prominent industry specialists and experienced editors. Ad Disclosure The contest for crypto ETFs is escalating as two digital assets, Chainlink (LINK) and XRP, come under examination. Crypto asset management firm Bitwise has officially filed documentation with the U.S. Securities and Exchange Commission (SEC) on Tuesday, aiming to introduce a<\/p>\n","protected":false},"author":3,"featured_media":15444,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[3434],"class_list":["post-15443","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","tag-gptreturn-a-list-of-comma-separated-tags-from-this-title-chainlink-vs-xrp-battle-heats-up-as-bitwise-files-for-link-etf-gpt"],"yoast_head":"\nChainlink and XRP Clash Intensifies with Bitwise's LINK ETF Application - WSJ-Crypto<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wsj-crypto.com\/index.php\/2025\/08\/27\/chainlink-and-xrp-clash-intensifies-with-bitwises-link-etf-application\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chainlink and XRP Clash Intensifies with Bitwise's LINK ETF Application - WSJ-Crypto\" \/>\n<meta property=\"og:description\" content=\"“`html Trusted Editorial material, evaluated by prominent industry specialists and experienced editors. Ad Disclosure The contest for crypto ETFs is escalating as two digital assets, Chainlink (LINK) and XRP, come under examination. Crypto asset management firm Bitwise has officially filed documentation with the U.S. Securities and Exchange Commission (SEC) on Tuesday, aiming to introduce a\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wsj-crypto.com\/index.php\/2025\/08\/27\/chainlink-and-xrp-clash-intensifies-with-bitwises-link-etf-application\/\" \/>\n<meta property=\"og:site_name\" content=\"WSJ-Crypto\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-27T14:27:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/08\/Chainlink.webp.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"735\" \/>\n\t<meta property=\"og:image:height\" content=\"491\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"wsjcrypto\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Scritto da\" \/>\n\t<meta name=\"twitter:data1\" content=\"wsjcrypto\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tempo di lettura stimato\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minuti\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2025\/08\/27\/chainlink-and-xrp-clash-intensifies-with-bitwises-link-etf-application\/\",\"url\":\"https:\/\/wsj-crypto.com\/index.php\/2025\/08\/27\/chainlink-and-xrp-clash-intensifies-with-bitwises-link-etf-application\/\",\"name\":\"Chainlink and XRP Clash Intensifies with Bitwise's LINK ETF Application - WSJ-Crypto\",\"isPartOf\":{\"@id\":\"https:\/\/wsj-crypto.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2025\/08\/27\/chainlink-and-xrp-clash-intensifies-with-bitwises-link-etf-application\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2025\/08\/27\/chainlink-and-xrp-clash-intensifies-with-bitwises-link-etf-application\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/08\/Chainlink.webp.jpeg\",\"datePublished\":\"2025-08-27T14:27:53+00:00\",\"author\":{\"@id\":\"https:\/\/wsj-crypto.com\/#\/schema\/person\/88a93723b30416db1a352d5a0096c4a7\"},\"breadcrumb\":{\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2025\/08\/27\/chainlink-and-xrp-clash-intensifies-with-bitwises-link-etf-application\/#breadcrumb\"},\"inLanguage\":\"it-IT\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wsj-crypto.com\/index.php\/2025\/08\/27\/chainlink-and-xrp-clash-intensifies-with-bitwises-link-etf-application\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"it-IT\",\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2025\/08\/27\/chainlink-and-xrp-clash-intensifies-with-bitwises-link-etf-application\/#primaryimage\",\"url\":\"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/08\/Chainlink.webp.jpeg\",\"contentUrl\":\"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/08\/Chainlink.webp.jpeg\",\"width\":735,\"height\":491,\"caption\":\"Chainlink\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wsj-crypto.com\/index.php\/2025\/08\/27\/chainlink-and-xrp-clash-intensifies-with-bitwises-link-etf-application\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wsj-crypto.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Chainlink and XRP Clash Intensifies with Bitwise’s LINK ETF Application\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wsj-crypto.com\/#website\",\"url\":\"https:\/\/wsj-crypto.com\/\",\"name\":\"WSJ-Crypto\",\"description\":\"Just Another Crypto News Website\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wsj-crypto.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"it-IT\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/wsj-crypto.com\/#\/schema\/person\/88a93723b30416db1a352d5a0096c4a7\",\"name\":\"wsjcrypto\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"it-IT\",\"@id\":\"https:\/\/wsj-crypto.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/86fe8af82ea089646d6639ca2f87e0243d8688d957bd8e3ec22ec3c457cc16d4?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/86fe8af82ea089646d6639ca2f87e0243d8688d957bd8e3ec22ec3c457cc16d4?s=96&d=mm&r=g\",\"caption\":\"wsjcrypto\"},\"url\":\"https:\/\/wsj-crypto.com\/index.php\/author\/wsjcrypto\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Chainlink and XRP Clash Intensifies with Bitwise's LINK ETF Application - WSJ-Crypto","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wsj-crypto.com\/index.php\/2025\/08\/27\/chainlink-and-xrp-clash-intensifies-with-bitwises-link-etf-application\/","og_locale":"it_IT","og_type":"article","og_title":"Chainlink and XRP Clash Intensifies with Bitwise's LINK ETF Application - WSJ-Crypto","og_description":"“`html Trusted Editorial material, evaluated by prominent industry specialists and experienced editors. Ad Disclosure The contest for crypto ETFs is escalating as two digital assets, Chainlink (LINK) and XRP, come under examination. Crypto asset management firm Bitwise has officially filed documentation with the U.S. Securities and Exchange Commission (SEC) on Tuesday, aiming to introduce a","og_url":"https:\/\/wsj-crypto.com\/index.php\/2025\/08\/27\/chainlink-and-xrp-clash-intensifies-with-bitwises-link-etf-application\/","og_site_name":"WSJ-Crypto","article_published_time":"2025-08-27T14:27:53+00:00","og_image":[{"width":735,"height":491,"url":"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/08\/Chainlink.webp.jpeg","type":"image\/jpeg"}],"author":"wsjcrypto","twitter_card":"summary_large_image","twitter_misc":{"Scritto da":"wsjcrypto","Tempo di lettura stimato":"3 minuti"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/wsj-crypto.com\/index.php\/2025\/08\/27\/chainlink-and-xrp-clash-intensifies-with-bitwises-link-etf-application\/","url":"https:\/\/wsj-crypto.com\/index.php\/2025\/08\/27\/chainlink-and-xrp-clash-intensifies-with-bitwises-link-etf-application\/","name":"Chainlink and XRP Clash Intensifies with Bitwise's LINK ETF Application - WSJ-Crypto","isPartOf":{"@id":"https:\/\/wsj-crypto.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wsj-crypto.com\/index.php\/2025\/08\/27\/chainlink-and-xrp-clash-intensifies-with-bitwises-link-etf-application\/#primaryimage"},"image":{"@id":"https:\/\/wsj-crypto.com\/index.php\/2025\/08\/27\/chainlink-and-xrp-clash-intensifies-with-bitwises-link-etf-application\/#primaryimage"},"thumbnailUrl":"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/08\/Chainlink.webp.jpeg","datePublished":"2025-08-27T14:27:53+00:00","author":{"@id":"https:\/\/wsj-crypto.com\/#\/schema\/person\/88a93723b30416db1a352d5a0096c4a7"},"breadcrumb":{"@id":"https:\/\/wsj-crypto.com\/index.php\/2025\/08\/27\/chainlink-and-xrp-clash-intensifies-with-bitwises-link-etf-application\/#breadcrumb"},"inLanguage":"it-IT","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wsj-crypto.com\/index.php\/2025\/08\/27\/chainlink-and-xrp-clash-intensifies-with-bitwises-link-etf-application\/"]}]},{"@type":"ImageObject","inLanguage":"it-IT","@id":"https:\/\/wsj-crypto.com\/index.php\/2025\/08\/27\/chainlink-and-xrp-clash-intensifies-with-bitwises-link-etf-application\/#primaryimage","url":"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/08\/Chainlink.webp.jpeg","contentUrl":"https:\/\/wsj-crypto.com\/wp-content\/uploads\/2025\/08\/Chainlink.webp.jpeg","width":735,"height":491,"caption":"Chainlink"},{"@type":"BreadcrumbList","@id":"https:\/\/wsj-crypto.com\/index.php\/2025\/08\/27\/chainlink-and-xrp-clash-intensifies-with-bitwises-link-etf-application\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wsj-crypto.com\/"},{"@type":"ListItem","position":2,"name":"Chainlink and XRP Clash Intensifies with Bitwise’s LINK ETF Application"}]},{"@type":"WebSite","@id":"https:\/\/wsj-crypto.com\/#website","url":"https:\/\/wsj-crypto.com\/","name":"WSJ-Crypto","description":"Just Another Crypto News Website","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wsj-crypto.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"it-IT"},{"@type":"Person","@id":"https:\/\/wsj-crypto.com\/#\/schema\/person\/88a93723b30416db1a352d5a0096c4a7","name":"wsjcrypto","image":{"@type":"ImageObject","inLanguage":"it-IT","@id":"https:\/\/wsj-crypto.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/86fe8af82ea089646d6639ca2f87e0243d8688d957bd8e3ec22ec3c457cc16d4?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/86fe8af82ea089646d6639ca2f87e0243d8688d957bd8e3ec22ec3c457cc16d4?s=96&d=mm&r=g","caption":"wsjcrypto"},"url":"https:\/\/wsj-crypto.com\/index.php\/author\/wsjcrypto\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/posts\/15443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/comments?post=15443"}],"version-history":[{"count":2,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/posts\/15443\/revisions"}],"predecessor-version":[{"id":15446,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/posts\/15443\/revisions\/15446"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/media\/15444"}],"wp:attachment":[{"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/media?parent=15443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/categories?post=15443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wsj-crypto.com\/index.php\/wp-json\/wp\/v2\/tags?post=15443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}