Heads up for anyone looking at the Grayscale Chainlink Trust ETF (ticker: GLNK) - this product operates outside the Investment Company Act of 1940 framework. What does that mean? Unlike your standard registered ETFs and mutual funds, GLNK doesn't fall under those same regulatory safeguards and investor protections. It's a different beast entirely when it comes to oversight structure. Worth keeping in mind before diving in.
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ZeroRushCaptain
· 12h ago
It's this unprotected wild product again. I bet five bucks that when this thing takes a 50% Slump, the regulatory authorities will pretend not to see.
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MissedTheBoat
· 12h ago
Bro, you have to be careful with this GLNK pit...
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It's just another one of those regulatory gray area things, a trap for suckers
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1940 framework operating outside? Isn't that just no one is managing it, the risk is on you
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Thinking back to those Grayscale incidents, here we go again...
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Retail investors, don't touch this, such unprotected products really hurt
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Wait, so GLNK is like having no SEC watching? That's too exciting
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Another thing that looks fancy but is actually a pit
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shadowy_supercoder
· 12h ago
The glnk thing has no regulatory coverage, so the risk is on you.
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StakeTillRetire
· 12h ago
glnk is not protected by the 1940 Act, so you really have to be careful.
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DeFiGrayling
· 12h ago
Grayscale has truly mastered this trap, leaving no loopholes for regulation.
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ImpermanentPhobia
· 12h ago
It looks like one of those products that skates on the edge... no protection under the 1940 Act framework? Forget it, I'll just hold on and not touch it.
Heads up for anyone looking at the Grayscale Chainlink Trust ETF (ticker: GLNK) - this product operates outside the Investment Company Act of 1940 framework. What does that mean? Unlike your standard registered ETFs and mutual funds, GLNK doesn't fall under those same regulatory safeguards and investor protections. It's a different beast entirely when it comes to oversight structure. Worth keeping in mind before diving in.