Grayscale Launches Zero-Fee Chainlink Trust ETF

The $GLNK product offers investors exposure to Chainlink without management fees, marking a cost-efficient entry in the crypto ETF market.

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Terms & Concepts
  • Chainlink: A blockchain-based platform that provides decentralized oracle services, enabling smart contracts to securely interact with real-world data.
  • Exchange-Traded Fund (ETF): An investment fund traded on stock exchanges, holding assets such as stocks, commodities, or cryptocurrencies.
  • Zero-Fee ETF: An ETF that charges no management or administration fees to investors, reducing overall investment costs.