Grayscale’s Chainlink ETF Makes a Splash with $41M Inflows – Investors Go Wild!

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Grayscale’s Chainlink ETF saw $41M in first-day inflows, with LINK price rising over 6% as investor interest surged. Oh, what a surprise!

So, Grayscale finally got their act together and launched the first-ever Chainlink ETF. Guess what? It pulled in a neat $41 million on its first day. Yeah, that’s not bad for a day’s work. 🤑

What’s this new shiny thing called? The GLNK ETF. And boy, is it generating some buzz. It’s like the latest “must-have” in the investment world, with huge trading volumes and the LINK token climbing up like it’s running from a bear market. Seriously, are we even surprised anymore?

First-Day Success? More Like First-Day Sensation

Grayscale’s Chainlink ETF didn’t just show up; it made a statement. $41 million on day one? Let’s not pretend that’s a small feat. Especially with everything else in the market looking like it’s stuck in a traffic jam. 🚗💨

Even Bloomberg’s own ETF analyst, James Seyffart, had to admit this was a pretty sweet debut. I mean, it’s not exactly “blockbuster,” but let’s not be too picky. By the end of day one, it reached $64 million in assets. Pretty good for a product that’s new and still figuring out its place in the world, right?

So, it took in ~$42 million on day 1. Not “blockbuster” success but very good for a new launch. Volume was strong. The fund currently sits at $64 million in assets. Chainlink showing that longer tail assets can find success in the ETF wrapper too.

– James Seyffart (@JSeyff)

What’s the big deal? Well, considering the crypto market’s been struggling, this launch really stood out. And let’s be real: anything that can thrive in this mess is worth paying attention to. The ETF is the first U.S.-based product tied directly to Chainlink. So, if you want in on this, now’s the time to figure it out.

What’s Grayscale Thinking? (Spoiler: They’re Trying to Get You to Buy!)

Grayscale didn’t just throw this out there for funsies. Oh no, they’re offering an ETF that allows you to hold Chainlink’s native token. And it’s not even the usual ETF – this is an ETP. Don’t worry, it’s still giving you all the liquidity and access you crave, just with a little extra flair. 🧑‍💻

But remember, this is still a risky move, folks. If you’re the cautious type, you might want to think twice. Grayscale made it clear: this isn’t for the faint of heart. But hey, if you’re into blockchain tech and want to dabble in Chainlink without actually owning any, this could be your ticket.

Grayscale’s ultimate game plan? To make blockchain-related assets more accessible. Because who doesn’t want to get in on the action? They’re all about offering ways to help you get a slice of tokenization. I mean, who could resist?

Related Reading: Chainlink and Mind Network Launch Advanced FHE Privacy Bridge

LINK Token Sees a Price Surge – Can You Keep Up?

And of course, the LINK token didn’t just sit around and watch this ETF launch from the sidelines. Nope, it went up by more than 6% in the first 24 hours. 🎉

Trading volumes shot up like crazy – reports say they surged about 180% above average. But hey, why not? People are all about jumping on the bandwagon when they see potential. No one’s waiting around anymore.

And big investors? Yeah, they’ve already scooped up 4.73 million LINK tokens in just 48 hours. Talk about whale-sized moves. 🐋

4.73 million Chainlink bought by whales in 48 hours!

– Ali (@ali_charts)

Looks like Chainlink is catching the eye of more than just a few people. If you’re thinking this is just another passing trend, think again. This could be the start of a new era – or at least, a very profitable one for those who managed to hop on early. Time will tell. ⏳

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2025-12-04 15:34