Chainlink Soars 12% After Grayscale Launches First LINK ETF

Chainlink has experienced a significant surge following the launch of the first Grayscale exchange-traded fund (ETF) dedicated to the token. The ETF, named GLNK, saw LINK jump by over 12%, reaching $13.40 on Tuesday, offering investors a convenient and brokerage-friendly way to access Chainlink without handling private keys. This move comes as LINK has been struggling with a nearly 40% decline this year.