Source: Criptonoticias
Original Title: Chainlink debuts this week on Wall Street with an ETF
Original Link: https://www.criptonoticias.com/mercados/chainlink-debuta-wall-street-etf/
Grayscale, a digital asset management company, will launch a Chainlink (LINK) based spot exchange-traded fund (ETF) on December 2.
The tool will be listed on the New York Stock Exchange (NYSE), with a certain compliance platform acting as the preferred broker for execution and asset custody.
According to reports, the company submitted an S-1 form to the U.S. Securities and Exchange Commission to convert its Chainlink trust fund into an ETF that provides direct exposure to the LINK price, which is a key step toward its listing.
On November 12, Grayscale submitted a revision to the GLNK ETF S-1 filing, which sets December 2, 2025, as the listing date on the NYSE.
GLNK will be listed tomorrow, December 2, 2025.
In the same amendment, Grayscale made a new submission that includes a key provision activating Section 8(a) of the Securities Act of 1933, allowing the ETF's registration statement to automatically take effect 20 days after submission unless the U.S. Securities and Exchange Commission intervenes to block it.
This means that even without explicit approval, if regulatory authorities do not take action, the fund may begin trading.
Financial market analysts point out that the LINK ETF should debut this week, indicating that the U.S. Securities and Exchange Commission has taken no action to stop the process, and the registration statement will automatically take effect.
Grayscale's initiative also reflects its investment in Chainlink, which has become central to tokenization and connecting traditional finance with the ecosystem.
Finally, if regulatory and tax conditions are met, GLNK may launch Staking in the future. If this happens, investors will earn additional returns while LINK remains in custody.
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Chainlink debuts this week on Wall Street with an ETF
Source: Criptonoticias Original Title: Chainlink debuts this week on Wall Street with an ETF Original Link: https://www.criptonoticias.com/mercados/chainlink-debuta-wall-street-etf/ Grayscale, a digital asset management company, will launch a Chainlink (LINK) based spot exchange-traded fund (ETF) on December 2.
The tool will be listed on the New York Stock Exchange (NYSE), with a certain compliance platform acting as the preferred broker for execution and asset custody.
According to reports, the company submitted an S-1 form to the U.S. Securities and Exchange Commission to convert its Chainlink trust fund into an ETF that provides direct exposure to the LINK price, which is a key step toward its listing.
On November 12, Grayscale submitted a revision to the GLNK ETF S-1 filing, which sets December 2, 2025, as the listing date on the NYSE.
GLNK will be listed tomorrow, December 2, 2025.
In the same amendment, Grayscale made a new submission that includes a key provision activating Section 8(a) of the Securities Act of 1933, allowing the ETF's registration statement to automatically take effect 20 days after submission unless the U.S. Securities and Exchange Commission intervenes to block it.
This means that even without explicit approval, if regulatory authorities do not take action, the fund may begin trading.
Financial market analysts point out that the LINK ETF should debut this week, indicating that the U.S. Securities and Exchange Commission has taken no action to stop the process, and the registration statement will automatically take effect.
Grayscale's initiative also reflects its investment in Chainlink, which has become central to tokenization and connecting traditional finance with the ecosystem.
Finally, if regulatory and tax conditions are met, GLNK may launch Staking in the future. If this happens, investors will earn additional returns while LINK remains in custody.