Grayscale Launches First U.S.-Based Chainlink ETF, Fueling LINK Price Surge

Grayscale Investments has made a significant move in the cryptocurrency market by launching the first U.S. spot exchange-traded fund (ETF) dedicated to Chainlink, the decentralized oracle technology platform. This launch is expected to have a major impact on both Chainlink and the broader crypto market. 📈 The ETF, which debuted on NYSE Arca, provides institutional investors with direct access to LINK without needing to directly hold the tokens. 🤝 This move signifies a crucial step forward for Chainlink as it opens doors for greater participation by institutions.