Grayscale Files for Chainlink ETF, Targeting Direct Investor Access

Grayscale Investment Management, a leading digital asset investment firm, has taken another step toward democratizing access to the altcoin market by submitting paperwork to the SEC seeking approval for its first-ever Chainlink Exchange-Traded Fund (ETF). This comes after Grayscale secured regulatory approval for its Bitcoin and Ethereum spot ETFs in 2024. While Grayscale’s recent focus has been on other cryptocurrencies like Avalanche, Dogecoin, and Ripple, this new move targets the Chainlink (LINK) native token that powers the decentralized oracle network. [Read the full article from Crypto-News-Flash.com.] The proposed ETF will be listed on the NYSE Arca under ticker GLNK, allowing traditional investors direct exposure to LINK, offering a potential route for mainstream adoption of blockchain technology.