First Chainlink ETF Sees $41 Million Day One Inflows as LINK Price Jumps

Grayscale has launched the first Chainlink ETF on NYSE Arca, recording more than $41 million in day one inflows as investor demand surged despite a weak broader crypto market.

Highlights

• Grayscale’s GLNK Chainlink ETF pulled over $41 million on launch day

• Assets reached $64 million with strong opening trading volume

• $LINK price climbed more than 6 percent in the past 24 hours

Grayscale’s new Chainlink ETF, trading under the ticker GLNK, attracted almost $42 million on its first trading day. Bloomberg ETF analyst James Seyffart called it a very strong debut, noting that the performance stands out given the recent downturn across the crypto market. GLNK quickly grew to $64 million in assets and posted high trading activity.

The product is the first US exchange-traded vehicle linked to Chainlink, offering exposure through an ETP structure rather than a traditional ETF. Grayscale said the product gives investors access to a core asset powering tokenization and data oracle networks, although it carries elevated risk.

Attention now shifts to Bitwise’s Chainlink ETF, listed on the DTCC under the ticker CLNK. The listing is an administrative step and does not confirm approval, but signals that the launch may be close.