Grayscale to Launch First U.S. Chainlink ETF on December 2, Opening Institutional Floodgates

Grayscale is set to debut the first U.S. spot Chainlink ETF, named GLNK, on December 2, 2025, converting its existing Chainlink Trust into an exchange-traded fund through documented filings and updated disclosures tracked by Bloomberg Intelligence.

The ETF provides institutional investors—including pension funds, asset managers, and family offices—with regulated exposure to LINK without direct token custody, compliance hurdles, or reporting complications, addressing key barriers to entry.

ETF analysts James Seyffart and Eric Balchunas confirmed the launch timeline, noting that Bloomberg's ETF filing tracker shows amendment updates and a transparent roadmap for the conversion, with Grayscale actively adjusting benchmark index details and net asset value (NAV) data to meet traditional ETF standards.

The product is expected to boost liquidity, tighten trading spreads, and integrate LINK into traditional market metrics, mirroring effects seen with Bitcoin and Ethereum ETFs, while supporting quantitative evaluations and daily performance data.

Chainlink's price has reacted positively, rising 1-2% in the last 24 hours to around $13.02, with trading volume surging 15% to $671.99 million. Technical indicators show neutral to bullish momentum, with RSI at 57 and MACD in positive territory, though resistance levels at $14-$15 and support at $11.50-$12 are being monitored.

This development aligns with Chainlink's growing role in the tokenization market (valued over $35 billion) and its Cross-Chain Interoperability Protocol (CCIP), which has seen usage growth of 40-120% across metrics, highlighting its infrastructure significance.