Key Notes

Institutional demand for Chainlink ETF is rising as asset managers like Grayscale and Bitwise, join the race.

Grayscale’s Chainlink Trust, launched in 2021 with $17.2 million AUM, is set for ETF conversion.

LINK price dropped nearly 30% in November, with analysts warning of a potential decline toward $8 unless key support levels are reclaimed.

Chainlink LINK $12.14 24h volatility: 7.1% Market cap: $8.48 B Vol. 24h: $623.19 M could grab the crypto market’s attention this week, with the upcoming launch of a LINK exchange-traded fund (ETF) this week. As per ETF expert Nate Geraci, asset manager Grayscale is at the forefront of this move. On the other hand, the LINK price has tanked 7% today, showing signs of a crypto market correction.

Chainlink ET

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