Grayscale Launches First Chainlink ETF on the New York Stock Exchange

Chainlink has taken a major step into traditional finance with the debut of its first exchange-traded fund.

Grayscale Investments has launched the Grayscale Chainlink Trust ETF (GLNK) on NYSE Arca, giving investors regulated access to LINK’s value through a familiar ETF structure.

The product is a conversion of the former Grayscale Chainlink Trust, a private vehicle holding more than $17 million in assets. With the upgrade to an ETF, institutions can now gain exposure to Chainlink without handling the underlying token directly.

Grayscale says the timing reflects the rising importance of decentralized oracle networks in the broader digital-asset market. Inkoo Kang, senior vice president of ETFs at the firm, emphasized that Chainlink has become the backbone of data verification and cross-chain communication – infrastructure that supports tokenization initiatives, DeFi platforms and on-chain applications across multiple blockchains.

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Chainlink’s oracle services are already used by financial institutions, governments, and major Web3 protocols. As tokenized assets and smart-contract systems expand, Grayscale argues that secure connections to off-chain data will become indispensable, positioning Chainlink as a critical layer in the emerging on-chain economy.

The launch of GLNK follows several other crypto ETFs Grayscale has rolled out in recent weeks, including funds tied to XRP, Dogecoin and Solana. The firm is also seeking SEC approval for what would be the first ETF offering exposure to Zcash, signaling its ongoing push to expand regulated access to diverse digital-asset sectors.