Grayscale to Launch First Spot Chainlink ETF

Grayscale, a leading digital asset management firm, is making headlines again—this time with Chainlink. According to Nate Geraci, President of The ETF Store, Grayscale plans to upgrade its existing private Chainlink Trust into a spot Chainlink ETF this week. If successful, it would become the first publicly traded ETF focused solely on Chainlink (LINK), a major step toward mainstream adoption of the asset.

What Is a Spot Chainlink ETF?

A spot ETF tracks the real-time price of an underlying asset—in this case, Chainlink. Unlike futures-based ETFs, which rely on derivatives contracts, a spot ETF directly holds the cryptocurrency. This allows investors to gain exposure to LINK without the complications of managing wallets or dealing with exchanges.

Grayscale already operates a private Chainlink Trust for accredited investors. The planned upgrade would convert this trust into a fully regulated ETF listed on the open market. This would make it accessible to retail and institutional investors alike through standard brokerage platforms.

Why This Matters for Chainlink and Crypto

Launching a spot Chainlink ETF could be a big win for both Grayscale and the broader crypto industry. It demonstrates that traditional financial institutions are increasingly interested in decentralized oracle networks like Chainlink.

Chainlink has become a key infrastructure in the Web3 ecosystem, connecting smart contracts to real-world data. A spot ETF would not only validate LINK’s importance but could also boost liquidity and market visibility.

Moreover, the move aligns with broader trends in crypto investing. As Bitcoin and Ethereum ETFs continue to gain momentum, expanding into other altcoins like Chainlink shows diversification is on the rise.