Grayscale to Launch First Spot Chainlink ETF Amid Surging Demand
Grayscale said it has received approval to proceed with the industry’s first spot Chainlink ETF, a rapid follow-up to two other fund launches in the past fortnight. The filing and subsequent green light come as demand for token-specific spot ETFs remains strong, and Grayscale moves to broaden mainstream access to LINK through a regulated exchange vehicle.
The debut matters because a spot ETF can channel institutional and retail capital into the underlying market more directly than futures products, potentially tightening circulating supply and lifting liquidity for Chainlink. Market participants will watch early asset inflows, fees and tracking error to gauge investor appetite. The launch also underscores continued regulatory acceptance of crypto ETFs as on-ramps for traditional investors seeking token exposure without direct custody.