Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Grayscale’s Chainlink ETF Lists on
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Grayscale’s Chainlink ETF Lists on
Grayscale’s Chainlink ETF Lists on NYSE Arca, LINK Price Jumps
5 min read
Grayscale’s Chainlink ETF Lists on NYSE Arca, LINK Price Jumps
The debut marks the first U.S. ETF tied to Chainlink, which secures tens of billions of dollars in onchain value across DeFi and gaming.
By Helene Braun, AI Boost|Edited by Sheldon Reback
Dec 2, 2025, 3:23 p.m.
(Midjourney/Modified by CoinDesk)
What to know:
- LINK rose 8% Tuesday as Grayscale introduced the first U.S. ETF tracking the Chainlink token.
- The ETF, trading under the ticker GLNK, offers indirect exposure to the token through traditional brokerage accounts, but does not provide the same investor protections as registered funds.
- LINK is down 39% year-to-date, reflecting broader weakness across the crypto market.
Chainlink’s native token, LINK, rose 8% Tuesday to $13.06 following the debut of a Grayscale exchange-traded fund (ETF) tied to the asset.
The ETF, trading under the ticker GLNK, gives investors regulated access to Chainlink through traditional brokerage accounts. It’s the first exchange-traded fund in the U.S. dedicated to tracking LINK, the token that powers Chainlink’s decentralized oracle network.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up
Chainlink plays a key role in how blockchain systems interact with the real world. Its network feeds offchain data — like weather updates, price information and election results — into smart contracts, allowing decentralized applications to respond to real-life events.
It also allows separate blockchains to communicate, helping data and value move between networks that otherwise don’t talk to each other. That functionality has made it a staple in decentralized finance (DeFi), NFTs, gaming and other onchain markets, securing tens of billions of dollars in value, Grayscale said in a press release.
The ETF itself isn’t a direct investment in LINK. Instead, GLNK holds LINK on behalf of shareholders and doesn’t fall under the Investment Company Act of 1940, meaning it lacks some of the consumer protections that govern traditional ETFs and mutual funds.
LINK's gain comes after a steep selloff this year. The token is down 39% since the start of January, echoing losses across the broader crypto market.
Grayscale introduced the fund as a private placement in 2021 and moved it to OTC Markets in 2022. The listing on NYSE Arca brings it into a more accessible venue for both institutional and retail investors.
ChainlinkGrayscaleETFs
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
Protocol Research: GoPlus Security
Commissioned byGoPlus
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report
More For You
Strategy Gains Nearly 20% From Monday Low as Bear Gloating Suggests at Least Temporary Bottom
What to know:
- Ahead nearly another 7% on Tuesday, Strategy is now higher by about 18% from Monday's panicky low.
- Jason Calacanis, Peter Schiff and the FT led a wave of hostility toward Strategy over the past 24 hours, signaling the kind of sentiment washout that often appears near market bottoms.
- Bitcoin also reclaimed the $90,000 level after Monday's plunge below $84,000.
Read full story
Latest Crypto News
Kalshi Raises $1B at $11B Valuation as Prediction Market Race Heats Up
BNP Paribas Joins EU Bank Stablecoin Venture Helmed by Ex-Coinbase Germany Exec
CoinDesk 20 Performance Update: NEAR Protocol (NEAR) Gains 8.2% as Index Rises
Bank of America Greenlights Wealth Advisers to Recommend Up to 4% Bitcoin Allocation
Strategy Gains Nearly 20% From Monday Low as Bear Gloating Suggests at Least Temporary Bottom
Toncoin Climbs to $1.50 as Cocoon Debut Sparks Surge in Trading Volume
Top Stories
Strategy Gains Nearly 20% From Monday Low as Bear Gloating Suggests at Least Temporary Bottom
Bank of America Greenlights Wealth Advisers to Recommend Up to 4% Bitcoin Allocation
Bitcoin May Dump to $65K or Below, Spelling Trouble for ETH, XRP, ADA and Other Majors
Ethereum Devs Push ZK ‘Secret Santa’ System Toward Deployment
On Thin Ice: Crypto Daybook Americas
Goldman's $2B ETF Issuer Takeover Is Both a Blessing and a Curse for Crypto
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment?
The post Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment? appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 17:39 Is dogecoin really fading? As traders hunt the best crypto to buy now and weigh 2025 picks, Dogecoin (DOGE) still owns the meme coin spotlight, yet upside looks capped, today’s Dogecoin price prediction says as much. Attention is shifting to projects that blend culture with real on-chain tools. Buyers searching “best crypto to buy now” want shipped products, audits, and transparent tokenomics. That frames the true matchup: dogecoin vs. Pepeto. Enter Pepeto (PEPETO), an Ethereum-based memecoin with working rails: PepetoSwap, a zero-fee DEX, plus Pepeto Bridge for smooth cross-chain moves. By fusing story with tools people can use now, and speaking directly to crypto presale 2025 demand, Pepeto puts utility, clarity, and distribution in front. In a market where legacy meme coin leaders risk drifting on sentiment, Pepeto’s execution gives it a real seat in the “best crypto to buy now” debate. First, a quick look at why dogecoin may be losing altitude. Dogecoin Price Prediction: Is Doge Really Fading? Remember when dogecoin made crypto feel simple? In 2013, DOGE turned a meme into money and a loose forum into a movement. A decade on, the nonstop momentum has cooled; the backdrop is different, and the market is far more selective. With DOGE circling ~$0.268, the tape reads bearish-to-neutral for the next few weeks: hold the $0.26 shelf on daily closes and expect choppy range-trading toward $0.29–$0.30 where rallies keep stalling; lose $0.26 decisively and momentum often bleeds into $0.245 with risk of a deeper probe toward $0.22–$0.21; reclaim $0.30 on a clean daily close and the downside bias is likely neutralized, opening room for a squeeze into the low-$0.30s. Source: CoinMarketcap / TradingView Beyond the dogecoin price prediction, DOGE still centers on payments and lacks native smart contracts; ZK-proof verification is proposed,…
Share
BitcoinEthereumNews2025/09/18 00:14
XRPL Validator Reveals Why He Just Vetoed New Amendment
Vet has explained that he has decided to veto the Token Escrow amendment to prevent breaking things
Share
Coinstats2025/09/18 00:28
US Senate Democrats plan to restart discussions on a cryptocurrency market structure bill later today.
PANews reported on February 4th that, according to Crypto In America, US Senate Democrats plan to reconvene on the afternoon of February 4th to discuss legislation
Share
PANews2026/02/04 23:12