Grayscale Seeks SEC Approval for Chainlink Staking ETF: Potential for Institutional Adoption

Grayscale Investments has filed with the Securities and Exchange Commission (SEC) to convert its existing $30 million Chainlink Trust into a spot exchange-traded fund (ETF), aiming to list on NYSE Arca under the ticker GLNK. This move could revolutionize the way crypto assets are traded and managed, potentially impacting both institutional investors and DeFi protocols. 💰