- The company will launch the first US spot LINK ETF this week.
- Grayscale plans to convert its existing LINK trust into an ETF.
- LINK Price Remains Under Pressure Amid Broader Bearishness.
The cryptocurrency market is trading in the red on Monday, with the value of all digital tokens falling 5% in the past day to $2.94 trillion.
As the risky mood dominates the landscape, Grayscale Investment prepares to debut the first US Chainlink listed fund.
ETF expert Nate Gerace expects the product to arrive this week, marking a crucial milestone for Chainlink and the overall altcoin ETF sector.
Specifically, Grayscale will create this ETF by converting and listing its existing Chainlink Trust, giving traditional investors access to compliant Chainlink.
Launching this week…
First spot link ETF.
Grayscale can upgrade/convert Chainlink private trust to ETF. pic.twitter.com/i7z0WAKKvC
— Nate Geraci (@NateGeraci) December 1, 2025
Meanwhile, this is adding to the latest wave of altcoin ETF launches in the United States.
We’ve had several altcoin ETFs, including XRP and Dogecoin, since Solana, Hedera, and Litecoin started the wave in late October.
Now the first spot LINK ETF will debut in the United States this week, reflecting demand for these products despite broader market turmoil.
More about the Chainlink ETF
An exchange-traded fund holds LINK assets instead of derivatives, providing individuals with direct and regulated exposure to Chainlink as an investment vehicle.
That’s crucial for cementing Chainlink’s legitimacy among traditional investors, many of whom have ignored crypto due to its associated complexities.
Indeed, a LINK ETF alleviates the need for private keys, wallets, and off-exchange asset storage.
The fund will open Chainlink to individuals who prefer the security of traditional retirement and investment accounts.
The strategic conversion
Grayscale took a remarkable approach, turning a private trust into an exchange-traded fund.
The strategy has crucial advantages.
First, the LINK ETF will meet a built-in investor base as trust holders gain access to a more liquid ETF model.
Additionally, the approach streamlines valuation and custody, as the trust already owns LINK assets.
Finally, this move eases regulatory challenges as the trust adheres to compliant standards.
LINK price outlook
Chainlink is currently showing significant selling pressure.
It has lost more than 6% of its value after a sudden dip on the daily chart, fueled by a broader market crash.
LINK is trading at $12.16, with a 125% increase in daily trading volume due to increased participant activity, potentially reducing exposure to prevent further losses.
Sellers are targeting the nearest support zone at $11 and $9.8 amid intensified declines.
Failure to hold $8.20 – $8.50 would cause a deeper decline to $6.80 – $7.20.
On the other hand, bulls need to reclaim and defend $13.
If the price remains above $15.50, it will likely lead to a resurgence of buyers and steady momentum.
LINK may rise to $19, then $23, clearing the path to $30.
However, prevailing conditions point to a short-term struggle before LINK establishes a decisive directional preference.
