The company plans to launch the first spot LINK ETF in the U.S. this week. Grayscale plans to convert the existing LINK Trust into an ETF. LINK price remains under pressure as the bear market expands.
Cryptocurrency markets were trading in the red on Monday, with the overall value of digital tokens down 5% from the previous day to $2.94 trillion.
As the risk-off mood reigns, Grayscale Investments is preparing to debut the first spot Chainlink exchange-traded fund in the United States.
ETF expert Nate Jealous expects the product to arrive this week, marking a significant milestone for Chainlink and the altcoin ETF sector as a whole.
Specifically, Grayscale created this ETF by converting and uplisting an existing Chainlink Trust, providing traditional investors with compliant access to Chainlink.
Scheduled to be released this week…
The first spot-linked ETF.
Grayscale will be able to uplist/convert Chainlink private trusts to ETFs. pic.twitter.com/i7z0WAKKvC
— Nate Geraci (@NateGeraci) December 1, 2025
Meanwhile, this joins the latest wave of altcoin ETF launches in the US.
Since Solana, Hedera, and Litecoin made waves in late October, I’ve held multiple altcoin ETFs, including XRP and Dogecoin.
Now, despite widespread market turmoil, the first spot-linked ETFs are set to debut in the US this week, reflecting demand for these products.
Chainlink ETF details
Spot exchange-traded funds hold LINK assets instead of derivatives, providing direct and regulated exposure to individuals as an investment vehicle.
This is critical to solidifying Chainlink’s legitimacy among traditional investors, many of whom have ignored cryptocurrencies due to the complexities involved.
In fact, LINK ETF reduces the need for private keys, wallets, and off-exchange asset storage.
This fund opens Chainlink to individuals who prefer the safety of traditional retirement or brokerage accounts.
strategic transformation
Grayscale took the remarkable approach of converting a private trust into an exchange-traded fund.
This strategy has significant advantages.
First and foremost, the LINK ETF will satisfy an existing investor base as trust holders will have access to a more liquid ETF model.
Additionally, since the trust already has LINK assets, this approach streamlines valuation and custody.
Finally, the move eases regulatory challenges as trusts adhere to compliant standards.
Link Price Forecast
Chainlink is showing significant selling pressure today.
A widespread market crash sent the daily chart plummeting, dropping its value by more than 6%.
LINK is trading at $12.16, with daily trading volume up 125% reflecting increased activity from participants, who may be reducing their exposure to avoid further losses.
Sellers are targeting the nearest support zones at $11 and $9.8 as the decline intensifies.
If the price is unable to maintain between $8.20 and $8.50, it could fall further to $6.80 to $7.20.
On the other hand, the bulls need to recover and protect $13.
A stabilization above $15.50 could bring back buyers and stabilize momentum.
LINK could rise to $19 and then $23, paving the way to $30.
However, the current situation suggests a short-term struggle for LINK until it establishes a definitive directional bias.
