Bitwise has filed to list a Chainlink (LINK) exchange-traded fund (ETF) – a move that signals growing institutional confidence and supports a bullish Chainlink price prediction.
LINK has climbed in the past 24 hours and now ranks among the best-performing major cryptos (excluding stablecoins), with year-to-date gains of 22% and a fresh 3.5% daily increase adding to the momentum.
Bitwise did not provide a name for this new ETF yet but has already picked Coinbase as custodian for the tokens that the funds will hold.
One innovative aspect of this vehicle is that investors will be able to buy by using LINK tokens and could also opt to receive LINK when they sell their shares.
A handful of ETFs linked to altcoins including Solana (SOL) and XRP (XRP) have been launched this year including the REX-Osprey Solana + Staking ETF (SSK) and the ProShares Ultra XRP ETF (UXRP).
These vehicles allow investors to get exposure to cryptocurrencies via the regulated markets at a point when President Donald Trump is vowing to let 401(k) account holders invest in this type of asset.
Chainlink Price Prediction: LINK Eyes $60 If Trend Line Support Holds
Chainlink has grown to become a well-reputed project in the crypto space. Its price feeds and interoperability solutions have been adopted by hundreds of protocols and blockchains.
The network’s total value secured (TVS) recently hit an all-time high of $93.7 billion, indicating that top trends like the tokenization of real-world assets (RWA) are growing at a fast pace.
If LINK’s latest pullback continues, we could see the token dropping to a key area of support at $20 within the next few days.
This would provide an attractive entry for late buyers with the expectation of a strong bounce. If that happens, the odds favor a bullish Chainlink price prediction of $60 that would result in a 202% upside potential in the near term.
The approval of a Chainlink ETF by the SEC could be the necessary catalyst that the market needs to propel LINK to those heights.
Meanwhile, as altcoin season kicks off, the best crypto presales like Best Wallet Token ($BEST) offer the most attractive returns for early buyers.
Best Wallet Token ($BEST) Presale Surpasses $15M Raised
The Best Wallet Token ($BEST) is the utility token behind Best Wallet, a next-gen crypto app that supports over 60 blockchains and offers users ultra-low swap fees.
But $BEST isn’t just another wallet token – it unlocks real advantages for holders.
Users enjoy fee discounts, early access to exclusive features, and premium perks within the app.
One standout feature is the Upcoming Tokens tool, which gives $BEST holders early access to high-potential crypto presales – including projects aiming for 10X to 100X gains in this cycle.
And with the upcoming launch of the Best Wallet DEX, demand for $BEST could skyrocket.
Right now, you can still buy at the discounted presale price – giving you the best chance to maximize returns before the token reaches the broader market.
Simply head to the Best Wallet Token official website and connect your wallet.
If you don’t have one, you can download the Best Wallet app.
You can swap crypto or use a bank card to invest in just a few seconds.
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The post Chainlink Price Prediction: Billion-Dollar Firm Bitwise Targets LINK for Next ETF – Institutions Buying LINK? appeared first on Cryptonews.
