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Grayscale's Chainlink ETF Debut Draws Over $40M, Stokes Debate on LINK Reaching New Highs and $50 Target

Thu, 04 Dec 2025 22:06:57 GMT
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Grayscale's Chainlink ETF (GLNK) launched on NYSE Arca via conversion of its trust, drawing about $41.5 million in first-day inflows and recording notable trading volume. The reception signals strong, growing investor demand for a streamlined way to gain exposure to Chainlink and oracle-focused blockchain infrastructure without holding the underlying cryptocurrency.