Grayscale is pushing to launch the first spot Chainlink ETF in the United States. A new SEC filing reveals plans to convert its Grayscale Chainlink Trust into an ETF listed on NYSE Arca as GLNK.
The proposed fund isn’t just about holding LINK—it intends to stake it. If approved, the ETF could generate yield for investors by staking through third-party providers, a feature that would distinguish it in the growing crypto ETF market.
Custody would be handled by Coinbase Custody Trust Company.
