Grayscale launched the primary Chainlink ETF in the market yesterday. The fund noticed huge investor exercise for a primary product, with inflows from buyers amounting to over $41 million.
Chainlink ETF Records Strong Debut With $41M in First-Day Flows
The newly launched Grayscale product, traded beneath the ticker GLNK. It attracted practically $42 million on day one. According to Bloomberg ETF analyst James Seyffart, that could be a “very good opening for a new launch.” He additionally added that the Chainlink ETF reached $64 million in belongings whereas displaying robust buying and selling quantity.
So, $GLNK took in ~$42 million on day 1. Not “blockbuster” success however superb for a brand new launch. Volume was robust. The fund presently sits at $64 million in belongings. Chainlink displaying that longer tail belongings can discover success in the ETF wrapper too. https://t.co/CgVCxlykGr
— James Seyffart (@JSeyff) December 3, 2025
Seyffart mentioned that the efficiency is all of the extra notable given the broader market downturn.
“Add in the fact that crypto hasn’t been performing well for the last month or two and it gets even more impressive,” he mentioned.
Grayscale’s launch makes it the primary U.S. exchange-traded product tied to Chainlink. This product offers buyers publicity to Chainlink by an ETP construction as an alternative of a standard 40-Act ETF. This transfer is a part of Grayscale’s plan to make it simpler for folks to entry belongings which can be necessary for tokenization and data-oracle sectors.
While GLNK is now buying and selling on NYSE Arca, consideration additionally shifts to Bitwise’s Chainlink ETF. The product was listed on the DTCC beneath the ticker CLNK final month. The look on DTCC is an administrative step and never essentially an approval.
GLNK instantly holds Chainlink’s native token. This product lets buyers entry a undertaking that’s key in on-chain knowledge infrastructure. However, the agency has warned that the product carries elevated threat and isn’t to be thought-about a standard ETF.
Will LINK Price Continue Its Upward Move on ETF Launches?
While Investors look forward to the launch of Bitwise’s fund, specialists surprise how excessive the token might go as soon as its reside. For instance, the token is up greater than 6% in the 24 hours for the reason that GLNK went reside. Its buying and selling volumes went up some 180% above common as market members place across the new product.
Also, Bloomberg’s Eric Balchunas shared the sentiment of robust liquidity on the primary periods. He famous that GLNK posted about $13 million in day-one buying and selling quantity and was on tempo to repeat the feat. “Another insta-hit,” he known as it.
He additionally identified that the DOGE ETF is the one low performer amongst current crypto ETF releases. To add, Analyst Ali Martinez reported that main buyers purchased 4.73 million LINK in simply 48 hours.
