{"id":91696,"date":"2025-12-02T21:01:32","date_gmt":"2025-12-02T18:01:32","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=91696"},"modified":"2025-12-02T21:05:24","modified_gmt":"2025-12-02T18:05:24","slug":"grayscale-launches-chainlink-based-etf","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/grayscale-launches-chainlink-based-etf\/","title":{"rendered":"Grayscale Launches Chainlink-Based ETF"},"content":{"rendered":"<p>On December 2, trading commenced on NYSE Arca for the spot <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-cryptocurrency-etf\">exchange-traded fund<\/a> Grayscale Chainlink Trust ETF (GLNK), based on the cryptocurrency <a href=\"https:\/\/forklog.com\/en\/news\/what-is-chainlink-link\">LINK<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Grayscale Chainlink Trust ETF (Ticker: <a href=\"https:\/\/twitter.com\/search?q=%24GLNK&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$GLNK<\/a>) with 0% fees is now trading\u00b9. <\/p>\n<p>The first <a href=\"https:\/\/twitter.com\/chainlink?ref_src=twsrc%5Etfw\">@chainlink<\/a> ETP in the U.S. \u2014 from Grayscale, the world&#8217;s largest crypto-focused asset manager\u00b2. <\/p>\n<p>Gain exposure to <a href=\"https:\/\/twitter.com\/search?q=%24LINK&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LINK<\/a>, the core infrastructure for connecting blockchains to the real world.\u2026 <a href=\"https:\/\/t.co\/CjoemYxyEI\">pic.twitter.com\/CjoemYxyEI<\/a><\/p>\n<p>\u2014 Grayscale (@Grayscale) <a href=\"https:\/\/twitter.com\/Grayscale\/status\/1995849216502235147?ref_src=twsrc%5Etfw\">December 2, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cChainlink is a foundational blockchain infrastructure poised to grow alongside the broader digital finance industry. As <a href=\"https:\/\/forklog.com\/en\/news\/what-are-tokenised-assets\">tokenization<\/a> and <a href=\"https:\/\/forklog.com\/en\/news\/what-is-web3\">Web3<\/a> evolve, the project has established a strong position to support them,\u201d the issuer stated.\u00a0<\/p>\n<\/blockquote>\n<p>Grayscale has temporarily set a zero fee for the product.\u00a0<\/p>\n<p>According to <a href=\"https:\/\/sosovalue.com\/assets\/etf\/us-link-spot\">SoSoValue<\/a>, GLNK trading volume reached $9.8 million within hours of its launch. Data on inflows is not yet available.<\/p>\n<p>The new ETF from Grayscale is a converted trust based on LINK. Its <span data-descr=\"assets under management\" class=\"old_tooltip\">AUM<\/span> at the time of writing <a href=\"https:\/\/etfs.grayscale.com\/glnk\">stands<\/a> at over $15.5 million.\u00a0<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-11e43cd4dd132e8f-11088002102829298.webp\" alt=\"image\" class=\"wp-image-270995\"\/><figcaption class=\"wp-element-caption\">Source: Grayscale.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cAs 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,\u201d the company noted.\u00a0<\/p>\n<\/blockquote>\n<p>LINK <a href=\"https:\/\/www.coingecko.com\/en\/coins\/chainlink\">ranks<\/a> 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.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"488\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-db2b0bf276a8367e-11088004160771495-1024x488.png\" alt=\"image\" class=\"wp-image-270996\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-db2b0bf276a8367e-11088004160771495-1024x488.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-db2b0bf276a8367e-11088004160771495-300x143.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-db2b0bf276a8367e-11088004160771495-768x366.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-db2b0bf276a8367e-11088004160771495-1536x732.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-db2b0bf276a8367e-11088004160771495.png 1835w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly chart LINK\/USDt on Binance. Source: <a href=\"https:\/\/www.tradingview.com\/chart\/XQSQJA42\/?symbol=BINANCE%3ALINKUSDT\">TradingView<\/a>.\u00a0<\/figcaption><\/figure>\n<p>In recent weeks, Grayscale has launched several ETFs based on altcoins, including <a href=\"https:\/\/forklog.com\/en\/news\/experts-describe-doge-etf-debut-as-unexpectedly-modest\">DOGE<\/a>, <a href=\"https:\/\/forklog.com\/en\/news\/grayscale-launches-spot-solana-etf-with-staking\">SOL<\/a>, and <a href=\"https:\/\/forklog.com\/en\/news\/canary-capital-launches-spot-xrp-etf\">XRP<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On December 2, trading commenced on NYSE Arca for the spot exchange-traded fund Grayscale Chainlink Trust ETF (GLNK), based on the cryptocurrency LINK.<\/p>\n","protected":false},"author":1,"featured_media":91697,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Grayscale launches Chainlink-based ETF on NYSE Arca.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1388,569,943],"class_list":["post-91696","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-chainlink-link","tag-etf","tag-grayscale-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"140","promo_type":"1","layout_type":"1","short_excerpt":"Grayscale launches Chainlink-based ETF on NYSE Arca.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=91696"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91696\/revisions"}],"predecessor-version":[{"id":91698,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91696\/revisions\/91698"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/91697"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=91696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=91696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=91696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}