ETF analyst Nate Geraci says the first U.S. spot #ChainlinkETF could launch this week, with Grayscale preparing to convert its #Chainlink Trust (GLNK) into a fully tradable ETF.
This would give institutions a regulated gateway into $LINK , unlocking a wave of fresh capital for the oracle giant.
The timing couldnโt be wilder:
๐ป #LINK is down 7% today
๐ป Down 30% in November
Why this ETF matters:
Grayscale is using the same fast-track playbook it used for prior trust conversions, and Bitwise is already positioning its own LINK ETF. Multiple issuers racing = real demand.
Price at a critical zone:
LINK sits near $12, with analysts split:
โ Breakdown could target $8 . #altcoins Season#WriteToEarnUpgrade