Grayscale Launches First Chainlink ETF on NYSE as GLNK Records Over $40 Million in Net inflows.

• Grayscale Chainlink ETF debuts on NYSE with $40 million in Net inflows, while total net assets reached $52 million.

• Link surged 12% on daily charts, briefly touching $14.6 as bulls target $20.

Grayscale Chainlink ETF debuts on NYSE

Grayscale has officially launched the first Chainlink Exchange Traded Fund on the New York Stock Exchange Arca, marking a significant milestone for both Chainlink and the broader digital asset market.

The fund, known as the Grayscale Chainlink Trust ETF and trading under the ticker GLNK, transitioned from a private trust to a publicly tradable ETF structure, giving investors direct exposure to LINK, the native token powering Chainlink’s decentralized data and oracle services.

Chainlink Grayscale records strong Inflows on Debut Day.

The ETF attracted between $37 million and $41.5 million in inflows on its first trading day. This boosted total net assets to more than $52 million. GLNK closed its debut session at $11.89, gaining more than 5% from its intraday low.

The strong initial demand signals that institutional and retail investors are increasingly seeking regulated exposure to Chainlink’s ecosystem.

Chainlink’s underlying token also rallied on the same day.

LINK surged 18% to 1$4.40, reflecting heightened market enthusiasm and the perceived long-term importance of Chainlink’s infrastructure in the tokenisation and cross-chain interoperability sectors.

Chainlink Reserves Continue Accumulation

Alongside the ETF launch, Chainlink reserves have continued building their LINK holdings. Current reserve balances total 973,753 LINK tokens, valued at approximately $14 million. This ongoing accumulation highlights sustained confidence in the protocol’s growth trajectory and its expanding role in powering real-world asset tokenisation, enterprise blockchain integrations and decentralised finance applications.

Link Rally on the ETF wave

At press time, LINK traded at $14.40, up 12.27% on daily charts. Trading activity accelerated notably. Spot volume rose 58% to $1.18 billion. Derivatives activity also expanded, with futures volume increasing 44.75% to $2.14 billion. Open interest climbed 10.4% to $641.79 million, indicating increasing participation and leveraged positioning in the market.

Spot market netflow turned negative at -$2.35 million, suggesting tokens are moving off exchanges, a trend often interpreted as accumulation or long-term holding behaviour.

Conclusion

The launch of GLNK represents a new chapter for Chainlink’s institutional adoption. With more than $40 million flowing in on day one, combined with substantial on-chain accumulation and rising trading activity, Chainlink is gaining renewed momentum even amid broader market volatility.

As tokenisation, oracle infrastructure and cross-chain interoperability continue to expand across global markets, Chainlink’s role is poised to strengthen further through regulated investment products such as the Grayscale Chainlink ETF.