#Gate广场圣诞送温暖，就有机会赢 The next altcoin ETF that will land the fastest is likely Chainlink (LINK).

Currently, two mainstream institutions have officially submitted applications for Chainlink spot ETF, namely Bitwise and Grayscale.
The Bitwise Chainlink ETF has been moved to the "pre-launch" stage by DTCC, which is basically the last step before listing. Typically, there are only a few weeks to a month left until official trading, so it should be visible in December!
Compared to the already launched SOL, XRP, and DOGE, LINK's positioning is more inclined towards essential infrastructure – Oracle is the lifeblood of the entire DeFi and RWA.
Once approved, the inflowing funds will not be short-term hot money, but rather institutional funds with a medium to long-term allocation, which will also be more sustainable!