Grayscale Converts Chainlink Trust to Spot ETF
- Grayscale converts Chainlink Trust to spot ETF in the US.
- Launch set for December 2, 2025.
- Positive impact expected on Chainlink liquidity.
Grayscale Investments, a leading crypto asset manager, is set to launch the United States’ first spot Chainlink ETF by converting its 2020 Chainlink Trust on December 2, 2025, on NYSE Arca.
The launch provides regulated access to Chainlink, potentially boosting liquidity and market capitalization, amid increased SEC approvals for crypto ETFs, which highlights evolving investor interest and broader crypto adoption.
Grayscale Investments is set to launch the US’s first spot Chainlink ETF, converting its existing Chainlink Trust. This marks a significant shift in the company’s ETF strategy.
This move involves Grayscale CEO Michael Sonnenshein and capitalizes on regulatory approvals. The publicly-traded ETF will track the LINK spot price and incorporate staking rewards. Eric Balchunas, Senior ETF Analyst at Bloomberg Intelligence, noted, “More than 100 new crypto-linked ETFs will be introduced to the U.S. market within the next six months. At least five spot crypto ETFs could commence trading in the coming days.”
The Chainlink ETF might enhance LINK’s liquidity and market presence. It provides institutional investors with a regulated means to tap into the LINK market.
This transformation represents a bold step in the crypto ETF landscape, aligning with the SEC’s increasingly accommodating approach toward crypto investments.
Grayscale’s ETF launch is anticipated to influence the value and staking activities of LINK. A ripple effect on associated oracles and DeFi projects might also occur.
Historical trends suggest positive outcomes for Chainlink, as seen with Grayscale’s conversion of other crypto trusts. Experts like Nate Geraci predict ongoing scrutiny on staking mechanisms by the SEC.
