Chainlink has taken another step into mainstream finance with the debut of its first exchange-traded fund. Grayscale Investments launched the Grayscale Chainlink Trust ETF on Tuesday, listing it under the ticker GLNK on NYSE Arca, the exchange operated by the NYSE Group.
The new fund gives traditional investors a way to gain exposure to Chainlink without holding the cryptocurrency directly. GLNK is a conversion of the existing Grayscale Chainlink Trust, which previously operated as a private placement and holds more than 17 million dollars in assets.
Inkoo Kang, senior vice president of ETFs at Grayscale, said Chainlink has become a vital part of today’s blockchain landscape. He noted that the network’s decentralized oracle technology supports reliable data feeds and cross-chain communication, which are essential for tokenization efforts and decentralized finance applications. With GLNK, he said, investors can access this infrastructure through a structure they already understand.
Chainlink, often listed by its token symbol LINK, ranks among the top 25 cryptocurrencies by market value. The network connects smart contracts to real-world data, making it a core tool for governments, financial institutions, and major DeFi platforms. Grayscale highlighted Chainlink’s growing importance as tokenization and decentralized finance continue to expand, calling it the “connective tissue” that will link on-chain assets with off-chain data and services.
Chainlink
The new fund joins a growing lineup of crypto-focused ETFs from Grayscale. In recent weeks, the company has rolled out ETFs offering exposure to XRP, Dogecoin, and Solana. Grayscale is also awaiting regulatory approval for what could become the first ETF tracking Zcash.
