Grayscale's reported GLNK ETF address receives 203,810 LINK worth $2.38 million

  • Onchain Lens reported that Grayscale’s purported GLNK ETF address received 203,810 LINK from Coinbase Prime.
  • The transfer was valued at approximately $2.38 million, while about 1.05 million LINK worth $12.12 million was reported over 18 days.
  • The $12.12 million figure lacks a defined metric, observation date and issuer confirmation; CNBC documented U.S. spot Chainlink ETF rollout context on December 2, 2025.

Onchain Lens reported that Grayscale’s purported GLNK ETF address received 203,810 LINK, valued at approximately $2.38 million, from Coinbase Prime minutes before its update. The address was reported to have received about 1.05 million LINK worth approximately $12.12 million over the preceding 18 days. However, the $12.12 million figure has not been supported by a dated issuer disclosure or independent readable record, so it cannot be identified as net assets, assets under management, market capitalization or a share price, and it does not establish inflows, returns or investor demand. CNBC’s December 2, 2025 interview with Grayscale research head Zach Pandl provides context for the reported rollout of a U.S. spot Chainlink ETF, but does not confirm the fund’s value or the reported holdings.

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