Chainlink Gets Its First Spot ETF: Will GLNK Break the Trend?

[etfs]

Chainlink is getting its first-ever spot ETF as Grayscale’s GLNK begins trading on NYSE Arca today.

But the big question:
Will LINK rally, or follow Solana and XRP’s post-ETF drop?

Recent ETF launches haven’t helped altcoin prices:

SOL ETF: -18% since launch

XRP ETF: -10%+

LINK sits at $12.09, down slightly, and the market is clearly risk-off.
Still, GLNK marks a major institutional milestone for Chainlink — and all eyes are on the first 72 hours of trading.

[Nahid Hossen]

Ripple continues scaling its international presence — payments are becoming more seamless.