Grayscale is making moves this week with what could be the first U.S.-listed spot Chainlink ETF hitting the market. The asset manager's converting its existing Chainlink trust into an ETF structure, and the new ticker will be GLNK. This marks another step in the expanding lineup of crypto ETF products gaining regulatory approval stateside. The trust-to-ETF conversion route has become Grayscale's signature move lately, streamlining access for investors looking to get exposure without directly holding tokens. With Chainlink's oracle network playing such a critical role in DeFi infrastructure, this launch could draw attention from both institutional players and retail investors tracking the next wave of approved crypto funds.