1
Chainlink’s official video discusses the launch of the ETH ETF, suggesting the possibility of other ETFs for various tokens in the future.
2
The number of unique addresses participating in transactions for LINK has increased, indicating higher demand and value.
Chainlink shared an official video that stated that the launch of the ETH ETF confirms, a very basic hypothesis that the Bitcoin ETF would not be the only traditional financial market instrument for which a crypto is an underlying asset. Through which the average institutional investor and consumer could ingress cryptocurrencies.
Clearly, the narrative is that ETFs will go beyond bitcoin and ETH, but that’s just the beginning. It is a probable indication of a very clear trend that many other tokens will get their own ETFs at some point.
First step, package crypto into traditional financial products.
Next step, bring global finance onchain.
The significance of the newly appro
We współpracy z: https://www.thecoinrepublic.com/2024/05/24/can-chainlink-price-thrust-higher-as-cofounder-stirred-optimism/
