The post Grayscale to Launch First Spot Chainlink (LINK) ETF This Week appeared on BitcoinEthereumNews.com. In Brief Grayscale to launch first U.S. spot Chainlink ETF, converting its existing LINK trust. ETF tracks LINK’s spot price and includes staking rewards for added investor returns. LINK price drops 7% amid market correction despite strong institutional developments. Grayscale will launch the first spot Chainlink (LINK) ETF in the U.S. this week. The fund converts its existing LINK trust into a publicly tradable ETF. The ETF allows investors to access LINK without managing wallets or private keys. This move adds to Grayscale’s growing suite of regulated digital asset products. The Chainlink ETF will track the spot price of LINK and generate additional returns through staking. Grayscale has already launched similar spot ETFs for Bitcoin, Ethereum, XRP, and Dogecoin. Bloomberg analysts estimate over 100 spot crypto ETFs could launch within six months. Market participants expect the Grayscale Chainlink ETF to go live on December 2. Grayscale filed to convert the Zcash Trust into a spot ETF last month. It also seeks regulatory approval to trade it on NYSE Arca under a 19b-4 rule change. The Zcash ETF would directly hold ZEC and track its market price. The fund holds approximately $150 million in ZEC and charges a 2.5% annual fee. Institutional Demand Grows as LINK ETF Nears Launch Analysts expect strong institutional interest in the Chainlink ETF. The fund holds over $17 million in assets under management with a 2.5% fee structure. Another LINK ETF from Bitwise has appeared on DTCC listings, suggesting more institutional products are in development. These additions reflect the growing demand for regulated crypto access. Despite the ETF news, LINK has declined 7% today to $12.21 amid broader market weakness. Trading volume has surged over 117% in the past 24 hours. Analysts see potential for further downside if support levels fail. However, they also note possible… The post Grayscale to Launch First Spot Chainlink (LINK) ETF This Week appeared on BitcoinEthereumNews.com. In Brief Grayscale to launch first U.S. spot Chainlink ETF, converting its existing LINK trust. ETF tracks LINK’s spot price and includes staking rewards for added investor returns. LINK price drops 7% amid market correction despite strong institutional developments. Grayscale will launch the first spot Chainlink (LINK) ETF in the U.S. this week. The fund converts its existing LINK trust into a publicly tradable ETF. The ETF allows investors to access LINK without managing wallets or private keys. This move adds to Grayscale’s growing suite of regulated digital asset products. The Chainlink ETF will track the spot price of LINK and generate additional returns through staking. Grayscale has already launched similar spot ETFs for Bitcoin, Ethereum, XRP, and Dogecoin. Bloomberg analysts estimate over 100 spot crypto ETFs could launch within six months. Market participants expect the Grayscale Chainlink ETF to go live on December 2. Grayscale filed to convert the Zcash Trust into a spot ETF last month. It also seeks regulatory approval to trade it on NYSE Arca under a 19b-4 rule change. The Zcash ETF would directly hold ZEC and track its market price. The fund holds approximately $150 million in ZEC and charges a 2.5% annual fee. Institutional Demand Grows as LINK ETF Nears Launch Analysts expect strong institutional interest in the Chainlink ETF. The fund holds over $17 million in assets under management with a 2.5% fee structure. Another LINK ETF from Bitwise has appeared on DTCC listings, suggesting more institutional products are in development. These additions reflect the growing demand for regulated crypto access. Despite the ETF news, LINK has declined 7% today to $12.21 amid broader market weakness. Trading volume has surged over 117% in the past 24 hours. Analysts see potential for further downside if support levels fail. However, they also note possible…