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After a sharp drop over the weekend, LINK price is rising again after Grayscale filed with the US SEC to launch a spot Chainlink ETF.

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Grayscale has filed to convert its Chainlink trust into a Chainlink Trust ETF, aiming for NYSE Arca listing under ticker GLNK ...

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The asset manager's proposed GLNK ETF would convert its existing LINK trust and could include staking if approved.