Spot ETF for Chainlink just went live on NYSE Arca, opening up a new way to gain $LINK exposure without the hassle of holding tokens directly. The fund carries a 0.34% fee structure, though they're waiving it entirely for the first three months or until assets hit $500M—whichever comes first. That's a pretty solid sweetener for early adopters.
For those curious about the mechanics: it's using CME's NAV reference for pricing and has professional custody backing the infrastructure. One thing to note though—staking rewards aren't part of the package yet. At the moment, $LINK is trading around $14.25. This move marks another milestone in making institutional-grade access to crypto assets a reality through traditional markets.
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ParanoiaKing
· 01-19 08:20
Another ETF is launching, is it LINK this time? Institutions are really rushing in one after another.
Three months of free trial is really a joke; once the fees start, everyone will have to leave.
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MysteriousZhang
· 01-18 11:05
Chainlink spot ETF is now available, giving institutional players a new toy. However, the lack of staking rewards is indeed a bit disappointing.
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BearMarketBarber
· 01-17 18:12
Here comes the pump and dump again, trying to bleed users dry after just three months of free fees.
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GateUser-74b10196
· 01-17 18:12
Another ETF is launching, honestly I'm a bit tired of it... But offering three months of free fees is a gimmick that can probably attract many institutions to enter.
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TokenomicsShaman
· 01-17 18:08
Another spot ETF, but no staking rewards? That’s a bit disappointing.
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WhaleStalker
· 01-17 18:06
The spot ETF for LINK is finally listed, but it's a bit disappointing that there's no staking yield.
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SatoshiChallenger
· 01-17 17:54
Here comes another "institutional-grade access" story. Data shows that the last time a spot ETF was promoted this way, liquidity dried up to the point of being vulnerable after six months. Interestingly, the free three-month offer has long been overused; frankly, it's just a smoke screen for fundraising.
Spot ETF for Chainlink just went live on NYSE Arca, opening up a new way to gain $LINK exposure without the hassle of holding tokens directly. The fund carries a 0.34% fee structure, though they're waiving it entirely for the first three months or until assets hit $500M—whichever comes first. That's a pretty solid sweetener for early adopters.
For those curious about the mechanics: it's using CME's NAV reference for pricing and has professional custody backing the infrastructure. One thing to note though—staking rewards aren't part of the package yet. At the moment, $LINK is trading around $14.25. This move marks another milestone in making institutional-grade access to crypto assets a reality through traditional markets.