Grayscale Investments has launched the Grayscale Chainlink Trust (GLNK), the first exchange-traded fund in the United States dedicated to Chainlink (LINK). The fund began trading on the NYSE Arca exchange, marking a significant milestone for the integration of oracle network assets within regulated financial markets. The launch follows a streamlined regulatory process, facilitated by updated Securities and Exchange Commission standards for listing such products. This pathway enabled the trust’s efficient approval and subsequent market debut. Initial trading activity for GLNK was notably robust, reflecting substantial investor interest in gaining regulated exposure to the underlying digital asset. The introduction of this ETF provides institutional and retail investors with a novel vehicle to access Chainlink’s price performance through a traditional securities account, without the complexities of direct digital asset custody. This development is viewed as a step forward in bridging decentralized finance infrastructure with conventional investment frameworks.
