
Grayscale’s GLNK ETF debut on NYSE Arca saw $37 million in first-day inflows, driving LINK’s price up 7.9% amid surging institutional and retail interest.
Grayscale’s spot Chainlink ETF (GLNK), converted from its Chainlink Trust, launched on NYSE Arca with $37 million in net inflows on its first trading day, surpassing the previously reported $17 million in assets. LINK’s price jumped 7.9% to $14.40 on Wednesday, briefly touching $14.63 before retreating, while trading volume surged 183% above average. The rally established consecutive higher lows from a $13.35 base, reflecting strong accumulation and a bullish structure. The ETF debut marks a significant milestone, offering institutional and retail investors regulated access to Chainlink’s blockchain oracle infrastructure.