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- Bitwise, Grayscale, and Tuttle file distinct Chainlink ETFs targeting different investor needs.
- Spot, trust conversion, and 2x leveraged structures aim to increase liquidity and adoption.
- Institutional exposure to Chainlink could surge once U.S. approvals are granted.
Institutional interest in Chainlink (LINK) is surging as three major financial firms—Bitwise Asset Management, Grayscale Investments, and Tuttle Capital Management—file applications for Exchange Traded Funds (ETFs) linked to the popular blockchain oracle network. These filings, made in 2025, signal a potential shift in how investors gain exposure to Chainlink, blending traditional finance structures with crypto assets.
Bitwise’s Spot Chainlink ETF
Bitwise Asset Management filed for a spot Chainlink ETF on August 26, 2025, marking the first U.S. spot ETF for LINK. Using an in-kind creation and redemption model, the fund allows direct exchange between ETF shares and underlying Chainlink tokens. This setup reduces taxable events and improves liquidity. Coinbase Custody will handle the secure storage of the digital assets, adding a layer of institutional-grade safety.
Grayscale Seeks Chainlink Trust Conversion
Following Bitwise, Grayscale Investments proposed converting its existing Grayscale Chainlink Trust (GLNK) into a spot ETF on September 8, 2025. This conversion aims to offer greater flexibility in cash creations and redemptions. Additionally, a staking feature may allow investors to earn rewards directly from the Chainlink network. Like Bitwise, Coinbase Custody will serve as the custodian, ensuring security for participants.
Tuttle Capital’s 2x Leveraged Approach
Tuttle Capital Management has filed for a 2x leveraged Chainlink ETF, designed to track LINK’s daily performance at 200% using swaps and options. Targeted at aggressive investors, this ETF is part of a broader plan to launch leveraged altcoin products. While offering high potential returns, these funds carry elevated risks, especially due to the daily resetting mechanism.
Also Read: Chainlink (LINK) Surges 13.6% as Whales Accumulate $15M — Is $20 Next?
The approval of these ETFs could significantly increase institutional exposure to Chainlink, boosting trading volumes and liquidity. While U.S. government delays may slow approvals, market analysts expect these products to enhance Chainlink adoption and integrate crypto further into mainstream finance.
With Bitwise, Grayscale, and Tuttle entering the ETF space, Chainlink is poised to attract a wave of institutional investment. Whether through a secure spot ETF, a trust conversion, or leveraged options, LINK could see broader adoption, higher liquidity, and stronger market visibility.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
