Grayscale Files for Chainlink (LINK) ETF, Expanding Crypto Institutional Access

Chainlink LINK News - Grayscale has submitted an S-1 registration with the SEC for a Chainlink-focused exchange-traded fund, marking another significant step in bridging decentralized finance with traditional markets. This move follows Bitwise's similar application in August, highlighting the intensifying competition among asset managers to meet growing demand for altcoin investment vehicles. Chainlink's oracle network currently secures over $59 billion across 458+ DeFi protocols, solidifying its critical infrastructure role. The filing comes as the SEC delays decisions on other crypto ETFs, including WisdomTree's, despite increasing institutional interest in regulated exposure to assets beyond Bitcoin and Ethereum. Notably featured in Canary Capital's 'Made in USA' crypto list, Chainlink's prominence in real-world asset tokenization discussions adds fundamental weight to Grayscale's strategic expansion beyond its flagship Bitcoin and ethereum products.