Grayscale Chainlink ETF Draws $41M on Debut, but Not ‘Blockbuster’
8 Articles
8 Articles
Chainlink’s $64M Grayscale ETF debut hides private banking loophole threatening to sever link between usage and price - Invest In Crypto News
Grayscale’s conversion of its legacy Chainlink trust into the GLNK exchange-traded product on Dec. 2 did more than simply add another ticker to the NYSE Arca board. With roughly $13 million in day-one trading volume, $41 million in immediate inflows, and assets climbing to approximately $64 million within the first 48 hours, GLNK entered the market distinct from the speculative alt-coin listings that characterized much of the previous cycle. Gra…
Chainlink Surges After Grayscale’s New ETF Launch as Analysts Point to Renewed Strength News ETHNews
Chainlink (LINK) is showing renewed momentum this week, supported by a strong technical setup and a major institutional catalyst: the launch of Grayscale’s new spot ETF, “GLNK,” on NYSE Arca. The ETF debuted with $41 million in inflows and $13 million in trading volume on day one, helping propel LINK into a sharp intraday rally visible on the attached chart, where the token accelerated from the mid-$12 range toward the $14 zone. The chart shows …
The debut of the Grayscale Chainlink Trust ETF (GLNK) at NYSE Arca has sent a wave of optimism through the crypto market and provided the Chainlink Prize with its largest mainstream visibility since the bull market in 2021. For the first time, US investors can gain regulated ETF access to LINK — a project that has quietly developed to the backbone of blockchain data infrastructure.The question that now dominates the market: Can the Chainlink Pri…
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