Introducing Chainlink’s First ETF
Chainlink has officially received its first exchange-traded fund, as Grayscale’s Grayscale Chainlink Trust ETF — trading under the ticker GLNK — made its debut on the NYSE Arca on Tuesday. This marks a significant milestone for Chainlink, one of the leading blockchain oracle networks powering data connectivity across the decentralized finance ecosystem.
Why Chainlink Matters for Tokenization and DeFi
Grayscale highlighted the growing importance of Chainlink as tokenization and decentralized finance (DeFi) continue to gain global traction. According to the firm, Chainlink’s decentralized oracle network has become the industry standard for delivering verifiable data and cross-chain communication — core elements required for any large-scale Web3 infrastructure.
Inkoo Kang, senior vice president of ETFs at Grayscale, noted that GLNK offers investors a familiar ETP wrapper to gain exposure to a foundational technology enabling asset tokenization, smart contracts, and on-chain settlement.
From Private Trust to Public ETF
The launch of GLNK is a conversion of the existing Grayscale Chainlink Trust, a private placement product currently managing over $17 million in assets. Chainlink’s native token, LINK, remains one of the top 25 cryptocurrencies by market capitalization. The network is widely adopted by national governments, top DeFi protocols, and major financial institutions as a secure way to connect blockchains with external data, real-world systems, and off-chain payment rails.
Chainlink’s Expanding Role in the Tokenized Economy
Grayscale emphasized that as tokenization expands across industries, secure oracle infrastructure will be essential for enabling asset creation, valuation, and settlement. The firm described Chainlink as the “connective tissue of Web3,” powering the trusted data layer behind tokenized assets and decentralized applications across public blockchains.
More Crypto ETFs from Grayscale
GLNK joins several other recent ETF launches from Grayscale, including products tied to XRP, Dogecoin, and Solana (SOL). The company is also seeking approval from the U.S. Securities and Exchange Commission for what could become the world’s first Zcash ETF.
