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Grayscale Expected to Launch Spot Chainlink ETF This Week
12/01/2025, 02:05
AI SUMMARY
●First spot Chainlink ETF expected to launch this week via Grayscale
●Plan involves converting existing private trust to tradable ETF
●Move signals continued expansion of crypto investment products
Nate Geraci, President of The ETF Store, has indicated that the first spot Chainlink ETF is expected to launch this week. The initiative involves Grayscale upgrading and converting its existing Chainlink private trust into a publicly tradable exchange-traded fund.
This development represents another step in the normalization of crypto assets within traditional investment vehicles, following the earlier approvals of Bitcoin and Ethereum ETFs.