Chainlink ETF Nears Reality-The Obsessive Pursuit of Faith and Foolish Hope

The great and terrible spectacle of the Bitwise Chainlink ETF has been listed on the final sanctum of financial illusion, the Depository Trust and Clearing Corporation-ticker CLNK. A tantalizing whisper of industrial access to LINK, or perhaps a cruel jest?

Yet, amidst this glimmer of hope, the on-chain data reveals a most lamentable truth: LINK holders, with a stubbornness born of desperation or madness, continue their relentless selling, as if their very souls depend upon it. Even as the institutional confidence grows-like weeds in a neglected garden-their despair persists.

Bitwise Chainlink ETF Listed on DTCC

Oh, behold! The coveted CLNK has entered the hallowed halls of the DTCC-a step, perhaps, towards the promised land of trading, regulation, and-who knows?-madness. This listing does not yet grant the sealed approval of the SEC, but it whispers of progress, like a brave officer marching into the battlefield of the unknown.

The celebration is tinged with irony: the listing is but a trivial act of clearing and settlement, yet it fuels the fevered dreams of those who believe in the sacred prophecy of ETF’s imminent appearance.

Bitwise Chainlink ETF is now listed on the DTCC platform$LINK ETF IS IMMINENT 🚨

– Quinten | 048.eth (@QuintenFrancois) November 12, 2025

This ritual of listing is but a prelude, a rehearsal before the grand approval by the mighty SEC-or the cruel rejection that awaits. Meanwhile, the integration of Chainlink’s CCIP and CRE with DTCC signals that the beast is expanding its dominion over the financial realm, creeping insidiously into its fabric.

Chainlink Steps into the Fed’s Circle

In a scene straight from the grotesque carnival of progress, Sergey Nazarov, the prophet of Chainlink, stands shoulder to shoulder with titans from J.P. Morgan and Amazon, at the Federal Reserve Fintech Conference. They talk, they nod-they conspire-about the merging of global payment systems and the exalted digital assets. Oh, the irony: to be so revered then so ignored, so trusted then so despised.

But what is trust? An illusion, a fleeting shadow cast by those who wield power? Yet, the appearances at these esteemed forums lend an air of legitimacy, convincing the masses that perhaps, just perhaps, salvation is near-or doom inevitable.

Despite Positive News, LINK Holders Keep Selling

Oh, what a tragic comedy! Even as the carnival of ETF approval marches on, even as the rich and mighty prepare to feast, the common folk-those poor souls-continue their act of selling, selling, ever selling. The data, like a cruel mirror, exposes their despair.

Embedded in this lament is the truth of disillusionment: the investors’ hopes, once high as heaven, now lie shattered-yet they cling to a belief that time will reveal some divine plan, some cosmic correction. But perhaps, in their folly, they are merely pawns in a grander deceit.

“They all do the same exact behavior when in accumulation…big money can’t just buy all at once and they also raise money by pumping distractions and memes and use that money to continue accumulating the asymmetric plays with the extra money as long as the public and retail are oblivious…once enough has accumulated, price action will start breaking out and enter price discovery,” the analyst explained.

Whales Gather in the Shadows as Exchanges Drain

Meanwhile, the whales-those monstrous beings of greed-continue their silent feast. Over 4 million LINK tokens have vanished into their abyssal pockets in mere weeks, as if the very exchanges mourn their own loss, sinking to depths unseen in over two years. The prices? They drift down, as if carried by an unseen undertow.

The long-term holders, those who refuse to sell, are withdrawing their treasures from the public market, hoarding them as if in preparation for an apocalyptic rally. It is a peculiar dance-tokens fleeing the chaos to arrive at some imagined safe harbor.

And so, with the ETF now on the sacred platform of DTCC, and whales amassing their hoards, the curtain rises on the stage of greatness-or perhaps madness. The market’s heart beats faster; the future is as murky as ever.

Current price? A modest $15.93-almost three slices of the false pie in twenty-four hours, a small victory against the chaos.

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2025-11-13 10:30