Chainlink Soars 12% After Grayscale’s ETF Debut! 💸🚀

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Oh, finally! Chainlink got the Wall Street makeover it’s been hinting at for years. 🎉 Just kidding, it was probably too busy being the crypto equivalent of a wallflower. But hey, Grayscale dropped a shiny new ETF, and suddenly, LINK is the life of the party. 🕺

At last check on Tuesday, it was up 12.7% to $13.40 – a welcome bounce for an asset that’s been slogging through a rough year. Like a toddler on a sugar rush, it’s finally getting some attention. 🍬

  • LINK JUMPS 8% (But Still Can’t Buy a Coffee) ☕️
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LINK technicals

Trading under the ticker GLNK, the new Grayscale fund gives investors an easy, brokerage-friendly way to get exposure to Chainlink without having to explain private keys to their financial advisor. Because nothing says “I’m a responsible adult” like pretending you know what a private key is. 👩‍💼

It’s the first U.S. ETF dedicated to tracking LINK, the engine behind Chainlink’s decentralized oracle network – the tech that feeds smart contracts everything from weather alerts to price feeds to who won last night’s election. 🌤💸

Chainlink superpower

Since Chainlink was founded in 2014 by Sergey Nazarov and Steve Elli, it has made it indispensable across DeFi, gaming, NFTs, and a slew of onchain markets, where it helps secure tens of billions of dollars in value, according to Grayscale. Because nothing says “we’re the future” like being a $10 billion secret handshake. 🤝

One caveat for eager buyers: GLNK isn’t a traditional Investment Company Act ETF, CoinDesk reports. It simply holds LINK on behalf of shareholders and doesn’t come with all the consumer protections of more buttoned-up funds. Because who needs safety when you can have a thrill? 🎢

Still, the NYSE Arca listing marks a big leap from its days as a 2021 private placement and later as an OTC Markets product. For both institutions and retail traders, LINK just became a whole lot easier to access – which, given its 39% slide this year, might feel like the confidence boost it needed. Or just a fancy band-aid. 🩹

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2025-12-02 22:44