$LINK đ Grayscale Launches Chainlink ETF on NYSE Arca
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Grayscale has officially moved its Chainlink Trust ETF (GLNK) from OTC to NYSE Arca, giving investors smoother and more reliable access to LINK.
đ Key Highlights
⢠Cash-based creations & redemptions now allow GLNK to track LINKâs price more accurately.
⢠Coinbase Custody holds the underlying LINK securely.
⢠Grayscale is waiving the 0.35% fee for the first 3 months or until the ETF hits $1B AUM.
On launch day:
⢠LINK jumped 12% to $13.40
⢠GLNK rose 6% to $11.90
⢠Over $10M in volume traded early
⢠Now accessible through major platforms including Fidelity and Robinhood.
đ Why it Matters
GLNK gives mainstream investors an easy way to gain exposure to Chainlink, a key player powering DeFi, real-world asset tokenization, cross-chain data, and more.
â With Chainlink ETFs now hitting major exchanges, do you think LINK is entering a new institutional adoption phase, or is the excitement still mostly retail-driven?
