Grayscale Launches First Spot Chainlink ETF: A Major Step for Decentralized Finance

Grayscale, a prominent digital asset management firm, is set to revolutionize the cryptocurrency market with its launch of the first publicly traded spot Chainlink ETF. This move marks a significant milestone for Chainlink and highlights the growing interest from institutional investors in decentralized oracle networks like Chainlink. The new ETF will be based on Grayscale’s existing Chainlink Trust, which will be converted into an ETF listed on major exchanges. This transformation will make Chainlink accessible to a wider range of investors through standard brokerage platforms.