Grayscale to launch US's first spot Chainlink ETF via trust conversion

Grayscale’s Chainlink ETF is expected to launch on Tuesday this week, marking the first spot LINK ETF to enter the US market. 

Crypto asset management firm Grayscale is set to launch the US’s first spot Chainlink exchange-traded fund this week, according to ETF Institute co-founder Nate Geraci.

“Set to launch this week… First spot link ETF. Grayscale will be able to uplist/convert Chainlink private trust to ETF,” Geraci noted via X on Sunday. 

It comes as another LINK ETF from competing crypto asset manager Bitwise is waiting in the wings. 

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