- The company plans to launch the first United States spot LINK ETF this week.
- Grayscale plans to convert its existing LINK trust into an ETF.
- LINK’s price remains under pressure amid a broader downward market trend.
Cryptocurrency markets are trading in the red on Monday, with the total value of all digital tokens falling about 5% over the past day to approximately $2.94 trillion.
Despite a risk-off environment, Grayscale Investments is preparing to introduce the first U.S. spot Chainlink exchange-traded fund.
ETF analyst Nate Geraci expects the product to arrive this week, marking a milestone for Chainlink and the broader altcoin ETF space.
Notably, Grayscale intends to create this ETF by converting and uplisting its existing Chainlink Trust, providing traditional investors with a regulated, accessible way to gain exposure to Chainlink.
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
Synchronous with this move, the launch adds to a recent wave of U.S. altcoin ETF listings.
Since the late-October surge that began with Solana, Hedera, and Litecoin, several altcoin ETFs — including XRP and Dogecoin — have launched, and now the first spot-LINK ETF appears set to join the market this week, reflecting continued investor demand despite overall market volatility.
About the Chainlink ETF
A spot exchange-traded fund holds LINK tokens directly, rather than relying on derivatives, offering investors a direct and regulated means of exposure to Chainlink as an investment.
This structure is significant for strengthening Chainlink’s credibility among traditional investors, many of whom have avoided crypto due to perceived complexity and custody concerns.
By using an ETF wrapper, the product reduces the need for investors to manage private keys, wallets, or off-exchange custody, making Chainlink more accessible through familiar retirement accounts and brokerage platforms.
Strategic Rationale
Grayscale’s decision to convert a private trust into a publicly listed ETF represents a strategic shift with several advantages.
First, the ETF format taps into an established investor base, as existing trust holders can transition to a more liquid investment vehicle.
Second, conversion streamlines valuation and custody processes because the trust already holds LINK assets.
Finally, listing as an ETF can simplify regulatory compliance and oversight, aligning the product with investor protection standards common in traditional financial markets.
LINK Price Outlook
Chainlink is facing significant selling pressure today, shedding more than 6% after a sharp pullback amid broader market declines.
LINK is trading around $12.16, and daily trading volume has surged roughly 125%, signaling heightened activity as participants respond to recent losses and potentially reduce exposure to further downside.
Sellers are targeting nearby support zones near $11 and $9.80 amid the intensified downtrend. If the $8.20–$8.50 range fails to hold, declines could deepen toward $6.80–$7.20.
On the upside, bulls need to reclaim and defend $13 to stabilize the market. Sustained strength above $15.50 would likely trigger renewed buying momentum and a more confident recovery.
Should buyers regain control, LINK could rally toward $19, then $23, with a more extended recovery potentially clearing a path to $30. However, current conditions suggest short-term struggles are likely before LINK establishes a decisive directional breakout.