Grayscale has just launched a new Chainlink Trust ETF, with trading code GLNK, which has officially started trading. The fee structure of this ETF is quite attractive — the first 3 months are free, and thereafter the management fee is set at 0.35%. If the initial scale can surpass 1 billion USD, the 0% fee rate in the early stage can continue to be enjoyed.

It is important to note that Grayscale emphasizes risk factors. GLNK is not regulated under the Investment Company Act of 1940, which means it will have higher volatility and greater risks. Moreover, this ETF does not hold Chainlink tokens directly; there is an additional risk layer in its structure. Investors should be psychologically prepared for the possibility of losing their entire principal. For investors who want to participate in the Chainlink ecosystem through formal financial instruments, this is a new option, but do not follow the trend blindly.