Grayscale will be the first company in the US to carry out a spot Chainlink ETF, which is an epochal move by the company that deals with the crypto industry. Consequently, the development can be seen more as a door opening for investors with institutional as well as retail stockbrokerage accounts. The ETF is scheduled […]Grayscale will be the first company in the US to carry out a spot Chainlink ETF, which is an epochal move by the company that deals with the crypto industry. Consequently, the development can be seen more as a door opening for investors with institutional as well as retail stockbrokerage accounts. The ETF is scheduled […]

Grayscale Launches Chainlink ETF: A New Era for Crypto Investing in 2025

  • Grayscale is set to launch the US’s first spot Chainlink ETF, marking a significant step towards the mass acceptance of crypto ETFs in the country.
  • The ETF, which is scheduled to launch on December 2, will provide investors with a new way to gain exposure to the Chainlink network and is expected to lead to the debut of a multitude of new crypto ETFs.
  • The launch of the Chainlink ETF is expected to drive competition and innovation in the crypto ETF space.

Grayscale will be the first company in the US to carry out a spot Chainlink ETF, which is an epochal move by the company that deals with the crypto industry. Consequently, the development can be seen more as a door opening for investors with institutional as well as retail stockbrokerage accounts. The ETF is scheduled to come out on December 2, according to Bloomberg Intelligence.

The PRIMEX Advantage

The going live of Grayscale with the Chainlink ETF is a crucial step towards the mass acceptance of crypto ETFs in the US. The SEC has raised the bar for the approval of crypto ETFs as it has given the green light to the following asset-related ETFs: Solana, XRP, and Dogecoin. In view of this, the regulatory authorities have turned a new page, making way for various financial products backed by cryptocurrencies.

Source: CoinMarketCap

Also Read: Hydra on Cardano Promises Faster, Transparent, and Secure Trade Settlements

Grayscale’s Chainlink Trust was set up in 2020 and has been following the spot price of LINK all the time. An entity to whom the Grayscale Chainlink Trust is, probably, the most direct exposure of the Chainlink network. With the transformation to an ETF, shareholders will be enabled to have the fund on a public exchange.

Source: Financial Times

Moreover, a ETF may be quite attractive to the investors because of the inherent features diversification, liquidity, and simpleness of usage. Hard-core investors can rest assured when it comes to market risk as they will not need to take the underlying instruments. Such a practice may turn out to be a great challenge for those crypto-fresh investors to go along the crypto-space.

Also Read: Grayscale Launches Dogecoin and XRP ETFs on NYSE November 24

The Future of Crypto ETFs

Grayscale’s Chainlink ETF coming is the seminal moment of the whole future-of-crypto-ETFs saga which will eventually lead to the debut of a multitude of new crypto ETFs.

Source: Forbes

Also Read: Grayscale Submits SEC Filing to Introduce Inaugural Zcash ETF

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