Grayscale Set to Launch First US Spot Chainlink ETF This Week, Says Nate Geraci

In a seismic shift for altcoin investing, Grayscale Investments is on the cusp of debuting the United States’ inaugural spot Chainlink (LINK) exchange-traded fund this week, per ETF luminary Nate Geraci. The ETF Store president dropped the intel via X on November 30, 2025: “Set to launch this week… First spot LINK ETF. Grayscale will be able to uplist/convert Chainlink private trust to ETF.” Bloomberg Intelligence’s Eric Balchunas concurs, eyeing December 2 for the ticker GLNK rollout—Grayscale’s third crypto ETF in a fortnight, hot on XRP and DOGE heels.

The conversion transforms Grayscale’s 2021-launched Chainlink Trust—managing $17.2 million with a 2.5% fee—into a regulated powerhouse tracking LINK’s spot price while scooping staking rewards (up to 5% APY). “Critical connective tissue” linking blockchains to TradFi, per Grayscale’s research, Chainlink’s oracles power DeFi’s $100B+ TVL, feeding real-world data to smart contracts. U.S. investors, long sidelined by custody woes, gain seamless exposure sans wallets—bridging crypto’s wild frontier to 401(k)s.

Why now? SEC’s Gensler-era thaw post-leadership shuffle has unleashed a deluge: SOL, XRP, DOGE ETFs greenlit, with 100+ filings queued for 2026. Bitwise’s staking-free CLNK lurks as rival, but Grayscale’s first-mover edge could snag $50M+ inflows, mirroring Canary’s XRPC ($58M debut).

Market ripples? LINK, nursing a 15% November dip to $12.18 ($8.48B cap), spiked 3% on the news—traders eye $15 resistance amid $627M volume. Institutions salivate: Regulated alts democratize yields, but skeptics flag SEC queries on staking mechanics.

Forward gaze: GLNK could catalyze LINK’s rebound, fueling DeFi’s oracle boom. As Geraci quips, “The ETF wave continues”—altseason’s regulated dawn? Hodlers, brace for liftoff.