Catenaa, Tuesday, December 02, 2025-The first US exchange traded fund tied to Chainlink will begin trading Tuesday after NYSE Arca approved the listing of the Grayscale Chainlink Trust ETF.
A Monday filing showed the exchange certified the conversion, allowing the fund to trade under rules set by the Securities Exchange Act of 1934.
Chainlink supports connections between blockchains and external data sources. Its LINK token has a market value near $8.5 billion and sits among the 25 largest crypto assets by market size.
Grayscale recently shifted several of its closed end crypto trusts to ETFs. Those include funds tied to Dogecoin, Solana, Litecoin, HBAR and XRP.
The new Chainlink product adds to a wave of crypto ETFs released in recent weeks. Market watchers said listing approvals have moved at a faster pace as regulators adjust positions toward digital assets.
The filing comes during a shift in policy under SEC Chair Paul Atkins. Officials have signaled interest in clearer rules for listing crypto based products and faster processing of new requests.
Firms said listing standards are more predictable after a period of slower action. The SEC brought several enforcement cases in past years during a stricter approach to token related services.
The current stance has encouraged more applications tied to specific blockchain networks.
