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Launched · SEC filings

Grayscale Chainlink Trust Link

GLNKNYSE ArcaGrayscaleB

$9.73−0.09 (−0.92%)

At close: Nov 2, 2026, 4:00 PM ET

B59/ 100

Rank 12 of 26 in Crypto Spot

B59/100Rank 12 of 26inCrypto Spot
Intraday session: down, 79 prints from 9.82 to 9.73. Range 9.73 to 10.05. Use the arrow keys to read each point.9.909.9510.0010.0510 AM12 PM2 PM4 PM
Expense ratio
0.35%
Fund size
$141M
1Y total return
−59.6%
Yield · Last 12 months
No data
Holdings
1
Avg volume · 30D
412K sh
52W range
low $6.25high $26.91
Launched
Filings
SEC EDGAR

The ETF.net GLNK Grade

Based on 5 of 6 pillars

B

Score 59 out of 100

Category
Crypto Spot⁠
Rank
12 of 26
Six-pillar profile for GLNK. Scores out of 100: Cost 48, Risk 7, Mission 88, Tradability 78, Holdings not scored, Durability 83. Strongest: Mission (88). Weakest: Risk (7). Based on 5 of 6 pillars.

Score 59 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C48 out of 100
    Rank 12 of 26

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A88 out of 100
    Rank 12 of 15

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F7 out of 100
    Rank 26 of 26

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A78 out of 100
    Rank 3 of 26

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A83 out of 100
    Rank 2 of 26

Our read on GLNK

ETF.net Research

In short

BGrayscale's LINK vehicle began life as a 2021 private trust and became the first US spot Chainlink product to trade on an exchange. One job: hold LINK, let the share price follow it, no leverage and no derivatives.

Stated mandate

The Trust passively seeks to have its shares reflect the value of LINK held by the Trust, less expenses and liabilities. It does not seek returns beyond tracking LINK and does not use leverage or derivatives.

Why people hold it

  • One job, plainly stated: passively reflect the value of the LINK it holds, less expenses. No leverage, no derivatives, no side bets.
  • The first US spot Chainlink product to reach an exchange, backed by a trust that has been reporting since its 2021 debut in private-placement form.decrypt.co
  • LINK exposure arrives through a NYSE Arca ticker in an ordinary brokerage account: no wallet, no seed phrase, no crypto exchange login.globenewswire.com
  • Sits in the upper half of its spot-crypto peer group, with liquidity that holds up for everyday retail-size trades.

Worth knowing

  • One token, no cushion. Everything here rides on Chainlink's price, and crypto drawdowns tend to be deep and fast.
  • It is a grantor trust, not a 1940 Act fund, so the regulations and protections that come with registered ETFs and mutual funds do not apply.globenewswire.com
  • At 0.35% it is not the price leader: Bitwise's CLNK lists at 0.34% for the same token, and several spot-crypto rivals such as TSUI and TDOT sit at 0.30%.

GLNK Holdings

Asset class
Other
Holdings
1
Top-10 weight
100%
Largest holding
Chainlink100.0%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataChainlink100.00%12,711,761$141M2

Showing 1–1 of 1 holdings

GLNK Performance

Launched Feb 26, 2021

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.
GLNK$4,036
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. GLNK $4,036. SPY $11,199. Use the arrow keys to read each point.$2,500$5,000$7,500$10,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for GLNK. Periods over one year show the average yearly return.
PeriodGLNK
Year to date−9.8%
1 month−22.1%
3 months+35.8%
1 year−59.6%
3 yearsper year−22.6%
5 yearsHistory unavailableper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for GLNK
YearReturn barGLNK
2026 YTD−9.8%
2025−87.1%
2024+38.5%
2023+840.1%
2022−17.8%

History from May 19, 2022

GLNK in the news

GLNK Dividends

This fund pays no distributions.
No dataLast 12 months
Payout per share
No dataLast 12 months

No distributions in the last 12 months.

GLNK Risk

Risk pillarF7 out of 100Rank 26 of 26 in Crypto Spot
How much the fund’s monthly returns vary, scaled to a year.
160.9%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.45
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−96.3%
53 months · trough Jun 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
4.04
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

GLNK Cost

Compare GLNK and XRPZ

Overpaying vs XRPZ, cheapest in Crypto Spot

$3,174

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • GLNK 0.35%

    $7,126

  • XRPZ 0.19% Cheapest

    $3,952

$10,000
30 years

Cost over time

  • GLNK 0.35%
  • XRPZ 0.19%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530GLNK $7,126XRPZ $3,952

Year by year

YearGLNKXRPZOverpaying
10$634$347$287
20$2,454$1,351$1,103
30$7,126$3,952$3,174

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