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First Spot Chainlink ETF Set to Launch This Week

Published by
Sohrab Khawas

Nate Geraci, President of The ETF Store, posted on X that the first U.S. spot Chainlink ETF (GLNK) launches this week, December 2. Grayscale will convert its Chainlink Trust, formed in 2020 with $30M AUM into a publicly tradable ETF on NYSE Arca after SEC clearance under Section 8(a). It tracks LINK spot price plus staking yields, bridging Chainlink’s oracle network to traditional investors amid surging altcoin ETF demand.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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