First Spot Chainlink ETF Set to Launch This Week
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The post First Spot Chainlink ETF Set to Launch This Week appeared first on Coinpedia Fintech News
Nate Geraci, President of The ETF Store, posted on X that the first U.S. spot Chainlink ETF (GLNK) launches this week, December 2. Grayscale will convert its Chainlink Trust, formed in 2020 with $30M AUM into a publicly tradable ETF on NYSE Arca after SEC clearance under Section 8(a). It tracks LINK spot price plus staking yields, bridging Chainlink’s oracle network to traditional investors amid surging altcoin ETF demand.
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