Grayscale Files for U.S. Chainlink ETF
Grayscale filed their S-1 submission on September 5th 2025. Honestly, I am surprised it has taken this far into 2025 to read about the interest in a Chainlink ETF. Being a Crypto Oracle, I would have thought it garnered higher institutional interest and investment, well its another day and I am proven wrong again. Don't forget Chainlink has a listing on the NASDAQ under the symbol LINK, and tracking LINK on the day of the announcement the stock was actually down. Again it seems counter intuitive.
What are the elements of the Grayscale's Chainlink ETF?
If Grayscale's Chainlink ETF is approved you could trade on NYSE Arca under the GLNK ticker symbol. Staking is a component of the ETF filing too. Their ETF would process share creations and redemptions in cash. Closely mirroring the structure used by recently approved spot bitcoin ETF.
Grayscale Already runs several Crypto ETFs
Some of them are DOGE, SOL and XRP. I believe this GLNK ETF is part of a much larger strategy play by Grayscale driving single asset ETFs.
Summary
Grayscale has already submitted several Trust to ETF conversion filings year to date and now an ETF application for the preeminent Crypto Oracle ETF. I hope this is approved rapidly as I feel Chainlink adoption can aid the overall crypto community and this ETF could be the mechanism to spread that work!
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