Grayscale’s Chainlink ETF Adds $1.5M in LINK via Coinbase Prime

BitcoinWorld Grayscale’s Chainlink ETF Adds $1.5M in LINK via Coinbase Prime Grayscale’s Chainlink exchange-traded fund, GLNK, has acquired an additional 132,950 LINK tokens through Coinbase Prime, according to on-chain monitoring by Onchain Lens.

The transaction, executed approximately six hours ago, carries a value of roughly $1.53 million at current market prices. This marks another incremental addition to the fund’s holdings, reflecting ongoing institutional engagement with Chainlink’s native token.

Context and Significance of the Purchase The purchase comes amid a period of renewed interest in digital asset ETFs, particularly those tied to altcoins.

Grayscale, a prominent asset manager in the cryptocurrency space, launched GLNK as part of its suite of single-asset investment products.