Chainlink Soars Following Grayscale’s New ETF Debut: Analysts Spotting Renewed Strength

Chainlink (LINK) has seen a significant surge this week, driven by the launch of Grayscale’s new spot exchange-traded fund (“GLNK”) on NYSE Arca. The ETF debuted with $41 million in inflows and $13 million in trading volume on its first day, propelling LINK into a sharp intraday rally visible on the attached chart. The chart showcases an aggressive surge starting late December 2nd, followed by steady consolidation above $14. This move aligns with high-volume inflows triggered by the ETF launch and increased institutional activity surrounding Chainlink’s technology.