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Bitwise has officially filed an S1 form with the SEC for a Chainlink (LINK) ETF. This is the only LINK ETF application submitted to the financial watchdog. Crypto-based ETFs have become increasingly popular over the last year. The number of crypto ETFs is only expected to surge over the coming years. Will The SEC Approve Bitwise’s Chainlink ETF Application? Source: tokenmetrics The SEC is currently reviewing several crypto-based ETFs. The agency made history last year when it approved Bitcoin (BTC) and Ethereum (ETH) ETFs for the US market. Bitcoin and Ethereum hit new all-time highs earlier this month, largely due to high ETF inflows. The SEC is now led by Paul Atkins, a pro-cryptocurrency candidate. There is a high chance that the SEC will approve most of the ETF applications they have received, given that there aren’t any issues with the applications. The Chainlink (LINK) ETF could be one of many to be approved by the SEC. Will LINK Rise To a New All-Time High? An ETF app...

The crypto exchange’s move to withdraw its license in Germany comes amid reports that the exchange faced rejection from regulators. Binance has withdrawn its cryptocurrency custody license application in Germany. The exchange confirmed its withdrawal to Cointelegraph on July 26, nearly a month after reports of rejections from The German Federal Financial Supervisory Authority (BaFin). On June 29, BaFin reportedly rejected the crypto exchange’s custody license . However, at the time, it was unclear whether the regulator officially denied Binance’s application or if it verbally informed the company. However, Binance has now confirmed that it has formally withdraw n its license application . A spokesperson from Binance told Cointelegraph that it intends to re-apply for a license in Germany, with changes to its application reflecting the changes in the regulatory environment: “Binance confirms that it has proactively withdrawn its BaFin application. The situation, both in the global ...