Chainlink Price Soars Amid Grayscale's ETF Filing
- Grayscale files for a Chainlink ETF, boosting market interest.
- Chainlink price surged 4.1% post-announcement.
- Analysts forecast a potential 48% rally in the near term.
Grayscale and Bitwise filed for U.S. spot Chainlink ETFs in September 2025, igniting excitement and significant price movements for Chainlink, with the ETFs aimed at enhancing institutional involvement.
The ETF filings could trigger a 48% Chainlink price rally, drawing parallels with previous Bitcoin ETF impacts, while influencing the broader DeFi ecosystem.
The latest Chainlink price prediction focuses on Grayscale and Bitwise’s ETF applications. These filings aim to create a U.S. spot Chainlink ETF, sparking investor excitement and driving notable price movements.
Grayscale and Bitwise have filed to establish Chainlink ETFs on the NYSE Arca. Coinbase Custody is set as the official custodian. These actions highlight a potential paradigm shift in how Chainlink is traded.
The filings resulted in a 4.1% increase in Chainlink’s price, reaching $23.23. This move reflects rising institutional interest and market speculation concerning the ETF’s impact on LINK’s mainstream adoption.
Potential institutional inflows could enhance Chainlink’s visibility. Analysts suggest that these ETF-related developments may mimic Bitcoin ETF effects, leading to significant shifts in DeFi-related assets.
The Chainlink community displays excitement and anticipation over the ETF filing. No handbook specifies official comments from Chainlink’s executives, but the market response mirrors historical ETF approval reactions.
Analysts foresee a Chainlink price rally toward the $30–$35 range, hinging on regulatory outcomes. Historical data and insights highlight the ETF’s transformative potential in the DeFi space. “LINK dips slightly deeper into support before rebounding sharply… set the stage for a rally toward the $30–$35 range,” noted Inmortal, an analyst and Twitter KOL. Enhanced Chainlink spot trading could redefine market dynamics.
