The Chainlink ETF recorded $9.8 million in buying and selling quantity on its first day with shares closing up roughly 6%
NYSE Arca’s mum or dad firm Intercontinental Alternate started supplying market information to Chainlink in August 2025
Grayscale waives the 0.35% administration charge till March 2026 or till property attain $1 billion
Dec. 3 (Crypto-Information.Internet) – Grayscale Investments launched the primary U.S. Chainlink ETF on NYSE Arca on Monday. The fund, known as Grayscale Chainlink Belief ETF and buying and selling beneath ticker GLNK, tracks Chainlink, a blockchain community that connects good contracts to real-world information.
Nevertheless, the product is structured as an exchange-traded product quite than a conventional ETF with full investor protections beneath the Funding Firm Act. Coinbase Custody Belief Firm holds the fund’s LINK tokens, in keeping with the official press launch.
“GLNK joins our rising lineup of single-asset crypto ETPs as we proceed to increase entry to rising crypto property through a trusted ETF wrapper,” Inkoo Kang, senior vice chairman of ETFs at Grayscale, mentioned within the launch.
Why This Chainlink ETF Itemizing Is Completely different
Notably, NYSE Arca is operated by Intercontinental Alternate (NYSE: ICE), which introduced a partnership with Chainlink on Aug. 11, 2025. Underneath that settlement, ICE provides market information from over 300 international exchanges to Chainlink’s community for distribution to greater than 2,000 purposes, in keeping with the PRNewswire announcement.
As well as, Fernando Vazquez, president of capital markets at Chainlink Labs, mentioned the ICE collaboration alerts “a pivotal shift in direction of a unified, globally accessible onchain monetary system” within the August announcement. The GLNK itemizing makes this Chainlink ETF the primary past Bitcoin and Ethereum the place the itemizing trade’s mum or dad firm is already a business accomplice of the underlying community.
The partnership displays Chainlink’s rising institutional attain. The community secured $100 billion in property throughout decentralized finance purposes as of September 2025, up from $38 billion in 2024. By comparability, the Chainlink ETF launched with between $15.5 million and $27.87 million in property beneath administration.
GLNK Historical past and Price Construction
Initially, GLNK began as a non-public funding fund in February 2021 earlier than transferring to over-the-counter buying and selling in Could 2022. The conversion to a listed ETF follows an SEC registration submitting in November 2025.
Grayscale set the administration charge at 0.35% however is waiving it solely till March 2, 2026. Alternatively, the waiver ends if the fund reaches $1 billion in property first. Equally, the charge waiver mirrors Grayscale’s XRP ETF launch in November 2025, a part of the corporate’s technique to draw early traders to new merchandise. Buyers can be taught extra about put money into crypto by way of regulated automobiles.
Chainlink ETF Buying and selling and Rivals
Following the launch, LINK rose between 8% and 13% on Dec. 2, reaching costs above $13. In the meantime, Bitcoin gained roughly 1% throughout the identical session.
In buying and selling, GLNK shares closed at $11.89, up roughly 6% on the day, with buying and selling quantity reaching $9.8 million throughout roughly 1.17 million shares.
Individually, Bitwise Asset Administration filed for its personal Chainlink ETF in August 2025. That product appeared on a pre-launch record in November 2025 however had not but begun buying and selling when Grayscale’s fund launched. Grayscale, issuer of the brand new Chainlink ETF, manages roughly $35 billion in digital property throughout its product lineup.
Reporting and modifying by Zoran Spirkovski
