LINK Surges 7% as Grayscale’s Chainlink ETF Sees $37M in First-Day Inflow
Yahoo Finance·2025-12-04 05:09

Chainlink’s native token LINK rallied Wednesday7% over the past 24 hours, outpacing the broader crypto market as traders responded to the debut of the first U.S.-listed spot Chainlink ETF. The Grayscale Chainlink Trust ETF (GLNK), converted from a closed-end fund and traded on NYSE Arca, brought in $37 million in net inflows on its first day on Tuesday, according to SoSoValue data. The launch marks a milestone for institutional adoption of Chainlink, giving traditional investors direct exposure to LINK th ...