- The company plans to launch the first U.S. spot LINK ETF this week.
- Grayscale intends to convert its existing LINK Trust into an ETF.
- LINK’s price remains under pressure amid a broader negative trend.
The cryptocurrency market opened the week in the red, with the combined value of all digital tokens falling about 5% over the past 24 hours to approximately $2.94 trillion.
Against a backdrop of risk-off sentiment, Grayscale Investments is preparing to introduce the first U.S. spot Chainlink exchange-traded fund.
ETF specialist Nate Geraci expects the product to launch this week, marking a significant milestone for Chainlink and the growing altcoin-ETF sector.
Notably, Grayscale plans to create the ETF by converting and uplisting its existing Chainlink Trust, providing regulated, on‑exchange exposure to Chainlink for traditional investors.
Set to launch this week…
First spot link ETF.
Grayscale will be able to uplist/convert Chainlink private trust to ETF. pic.twitter.com/i7z0WAKKvC
— Nate Geraci (@NateGeraci) December 1, 2025
At the same time, this launch adds to the latest wave of altcoin ETF rollouts in the United States.
Several altcoin ETFs have already debuted following the initial wave at the end of October, which included Solana, Hedera and Litecoin, and more recently XRP and Dogecoin.
The planned U.S. spot LINK ETF underscores ongoing demand for these products despite broader market turbulence.
More about the Chainlink ETF
A spot ETF holds LINK assets directly rather than using derivatives, offering investors regulated, straightforward exposure to Chainlink as an investment vehicle.
This structure is important for solidifying Chainlink’s credibility among traditional investors, many of whom have been hesitant to enter crypto because of operational complexities.
By using an ETF, investors do not need to manage private keys, self‑custody wallets, or off‑exchange asset storage.
The fund opens Chainlink to individuals who prefer the security and convenience of retirement and brokerage accounts governed by existing financial regulations.
The strategic conversion
Grayscale’s decision to convert a private trust into a publicly traded ETF is a notable strategic move with several advantages.
First, a LINK ETF will tap into an existing investor base as trust holders gain access to a more liquid, exchange-traded vehicle.
Second, the conversion streamlines valuation and custody arrangements because the trust already holds LINK assets.
Finally, the approach helps address regulatory hurdles, since the trust structure already operates under established compliance frameworks.
LINK price outlook
Chainlink is experiencing marked selling pressure today.
The token has dropped more than 6% after a sudden decline on the daily chart, driven by a broader market sell-off.
LINK is trading around $12.16, with daily volume up about 125%, indicating heightened participant activity as some seek to reduce exposure and limit further losses.
Sellers are targeting the nearest support zones at $11.00 and $9.80 as downward pressure intensifies.
Failure to hold the $8.20–$8.50 range could trigger deeper declines toward $6.80–$7.20.
On the upside, bulls need to reclaim and defend $13.00 to stabilize momentum.
Sustained strength above $15.50 would likely rekindle buying interest and restore a firmer upward trend.
If bullish momentum builds, LINK could move toward $19, then $23, and potentially pave a path to $30. Current conditions, however, suggest short‑term challenges before LINK establishes a clear directional bias.