Grayscale Launches Chainlink-Based ETF

Grayscale launches Chainlink-based ETF on NYSE Arca.

On December 2, trading commenced on NYSE Arca for the spot exchange-traded fund Grayscale Chainlink Trust ETF (GLNK), based on the cryptocurrency LINK.

Grayscale Chainlink Trust ETF (Ticker: $GLNK) with 0% fees is now trading¹.

The first @chainlink ETP in the U.S. — from Grayscale, the world’s largest crypto-focused asset manager².

Gain exposure to $LINK, the core infrastructure for connecting blockchains to the real world.… pic.twitter.com/CjoemYxyEI

— Grayscale (@Grayscale) December 2, 2025

“Chainlink is a foundational blockchain infrastructure poised to grow alongside the broader digital finance industry. As tokenization and Web3 evolve, the project has established a strong position to support them,” the issuer stated. 

Grayscale has temporarily set a zero fee for the product. 

According to SoSoValue, GLNK trading volume reached $9.8 million within hours of its launch. Data on inflows is not yet available.

The new ETF from Grayscale is a converted trust based on LINK. Its AUM at the time of writing stands at over $15.5 million. 

“As tokenization accelerates and DeFi adoption grows, every smart contract and on-chain asset will need secure connectivity to off-chain data, systems, and payments, positioning Chainlink as the connective tissue of Web3 and the trusted layer underpinning the creation, valuation, and settlement of assets in the digital economy,” the company noted. 

LINK ranks 19th among the largest coins by market capitalization, with a figure of $9.22 billion. Over the past day, the asset has risen by 12.5% to $13.2. 

In recent weeks, Grayscale has launched several ETFs based on altcoins, including DOGE, SOL, and XRP.