Grayscale is set to launch the United States’ first spot Chainlink ETF this week through the conversion of its long-running LINK Trust, according to ETF Institute co-founder Nate Geraci.
His comments match forecasts from Bloomberg Intelligence analysts, who earlier tipped December 2 as the likely launch date. The development also comes as Bitwise prepares its own LINK ETF, signalling rising institutional interest in Chainlink.
The new ETF will track LINK’s spot market performance as well as staking yields, providing a regulated avenue for exposure to Chainlink’s expanding ecosystem. Grayscale recently described Chainlink as “critical connective tissue” that links blockchain networks to traditional financial systems.
The approval environment has accelerated this year following changes in SEC leadership, unlocking a wave of new products tied to assets such as Solana, XRP and Dogecoin.
Grayscale itself launched spot XRP and DOGE ETFs last month, reinforcing a rapidly growing market for diversified crypto investment vehicles.
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