Grayscale Reportedly Set to Launch First Chainlink ETF on Dec. 2

GLNK converts the existing Chainlink Trust into an ETF through documented filings and updated disclosures.

The ETF gives institutions regulated LINK exposure without direct token custody or compliance hurdles.

GLNK is expected to boost liquidity, tighten spreads and integrate LINK into traditional market metrics.

The first Chainlink exchange-traded fund could debut in the United States next week, after ETF analyst James Seyffart confirmed that Grayscale is preparing to launch the GLNK product on December 2. The plan follows new entries in Bloomberg Intelligence’s ETF filing tracker, which recorded updated dates and documents for the transition of the Grayscale Chainlink Trust into an ETF.

GLNK and Conversion Steps in Public Filings

Seyffart said Grayscale aims to convert its existing Chainlink Trust or launch its Chainlink ETF on the same date. This comment aligns with Bloomberg’s data table, which lists amendment updates and a defined timeline

The tracker shows the fund moving through documented milestones rather than speculative steps, establishing a transparent roadmap for the conversion. Grayscale’s official information page also describes the product as a Trust that is now undergoing changes required for an ETF structure

The company updated benchmark index details and expanded disclosure around net asset value data. These adjustments indicate active preparation to meet traditional ETF standards, creating a direct link between the Trust and its planned ETF form.

ETF Access and Institutional Investors

The new filing information also outlines how the ETF structure enables institutions to gain exposure to LINK through familiar channels. Investors who previously avoided direct token purchases faced compliance limits, reporting complications, and custody risks. However, the ETF model addresses these issues by providing SEC-compliant custody, brokerage-based access, clear NAV data, and standardized documentation.

This shift creates access for pensions, family offices and other regulated funds. The filing trail shows that Grayscale designed GLNK to meet these institutional requirements, allowing LINK to enter a broader financial environment.

Liquidity Effects and Data Integration

Seyffart stated that GLNK’s entry resembles the pattern seen during earlier ETF launches for other assets. The structure increases secondary liquidity, encourages market-maker participation, and provides tighter trading spreads

Bloomberg’s listing also indicates that the ETF will integrate LINK into traditional valuation models, adding daily performance data and standardized metrics. The updated filings suggest that the ETF will support quantitative evaluations similar to those applied to Bitcoin and Ethereum once their ETFs launched.

The post Grayscale Reportedly Set to Launch First Chainlink ETF on Dec. 2 appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.