Wednesday, 26 Nov 2025

Grayscale’s LINK ETF will be listed on the New York Stock Exchange starting December 2nd

admin
26 Nov 2025 07:30
Coins 0 5
2 minutes reading



  • Grayscale filed to convert its Chainlink Trust into a tradable exchange-traded fund under the symbol GLNK.
  • Bloomberg estimates that more than 100 more ETFs will be traded on crypto exchanges in the next six months.

On September 8, Grayscale filed to convert its existing Chainlink trust into a spot ETF. This allows shareholders to participate in LINK without having to hold the token directly.

According to Bloomberg, the listing will now take place on the New York Stock Exchange from December 2nd.

The Trust issues shares, also known as “baskets,” which represent an undivided interest in LINK’s holdings. It is planned that these shares will be listed and traded on a major US stock exchange, specifically the NYSE Arca, under the symbol GLNK.

The change introduced a management fee of 0.35% of the net asset value (NAV), with this fee waived, whichever occurs first: three months after listing or upon reaching $1 billion in assets under management. This is similar to Grayscale’s Solana ETF, which CNF also reported on.

LINK price recently fell to $12 after falling 5.66% in the last week and another 30% over the last year. This is despite a 2.49% increase over the past few days, with the token now facing key resistance at $15 and then $17.

Both revenue and market capitalization have moved up slightly and now stand at $651 million and $8 billion, respectively.

No Comments

Leave a Reply

Your email address will not be published. Required fields are marked *