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GRAYSCALE TO LAUNCH FIRST-EVER U.S. SPOT $LINK ETF
Grayscale is set to debut the US’s first spot Chainlink ETF this week via a conversion of its Chainlink Trust, per ETF Institute’s Nate Geraci.
Bloomberg’s Eric Balchunas expects a Dec. 2 launch, noting this is just the start:
- 5 spot crypto ETFs are launching over the next 6 days
- 100+ new crypto ETFs could hit the market in the next six months
- Bitwise also has a competing LINK ETF waiting in the wings
Doors are starting to open for crypto ETFs.