Grayscale Set to Roll Out First US Spot Chainlink ETF This Week

Source: DefiPlanet Original Title: Grayscale Set to Roll Out First US Spot Chainlink ETF This Week Original Link: https://defi-planet.com/2025/12/grayscale-set-to-roll-out-first-us-spot-chainlink-etf-this-week/

Quick Breakdown

• Grayscale plans to launch the first US spot Chainlink ETF this week by converting its existing LINK trust.
• Analysts expect a massive influx of crypto ETFs, potentially over 100 within six months, as regulatory barriers fall.
• The product will track LINK’s spot price and include staking rewards, giving investors more comprehensive exposure.

Grayscale prepares landmark launch for Chainlink ETF

Crypto asset manager Grayscale is reportedly gearing up to debut the United States’ first spot Chainlink (LINK) exchange-traded fund this week. The development was highlighted by ETF Institute co-founder Nate Geraci, who said Grayscale is positioned to uplist and convert its long-running Chainlink Trust into a fully tradable ETF.

Set to launch this week…

First spot link ETF.

Grayscale will be able to uplist/convert Chainlink private trust to ETF.

Geraci shared the update noting that the move marks another milestone in the rapidly expanding US crypto ETF market.

Industry analysts expect more LINK ETFs soon

Grayscale’s planned launch aligns with Bloomberg Intelligence’s projections, which expect the ETF to go live on December 2. Senior ETF analyst Eric Balchunas said the approval wave shows no signs of slowing, hinting that Grayscale is just the first of several issuers lining up Chainlink-based products.

Balchunas previously predicted that more than 100 new crypto ETFs could hit the market within the next six months, calling it a “steady supply” driven by shifting regulatory appetite.

Competitor Bitwise also has its own LINK ETF awaiting approval, positioning the firm to rival Grayscale in the increasingly competitive altcoin ETF arena.

Conversion from Trust to ETF marks a new phase for Chainlink

The Grayscale Chainlink Trust, initially launched in late 2020, is now being transitioned into an ETF after five years. The product will be designed to track LINK’s spot market price while also capturing staking rewards, offering investors exposure to both the token’s value and network participation yields.

Grayscale has consistently maintained bullish sentiment on Chainlink’s role in the broader digital asset landscape. In a recent research note, the firm described the oracle network as “critical connective tissue” bridging traditional finance with blockchain ecosystems.

A new SEC era accelerates crypto ETF approvals

The wave of crypto ETF launches follows a substantial shift in SEC leadership earlier this year, which has opened the door to a broader range of digital-asset products. ETFs tied to Solana, XRP, and Dogecoin have already been cleared in 2025, signalling the regulator’s softening stance toward diversified crypto exposure.

Just last month, Grayscale rolled out spot ETFs for XRP and DOGE, further solidifying its leadership in the digital-asset fund market.