The @chainlink $LINK ETF is coming soon.
@21Shares owns 693,639 $LINK tokens and offers them abroad to institutional investors.
@ARKInvest & @21Shares $LINK Spot ETF is going to be wild...
Grayscale Chainlink Trust $GLNK still trading at a 500%+ premium over net asset value
418,710 $GLNK shares outstanding, with a NAV value of $7.7M, but market value of $47.7M
Volume yesterday was $855K, interesting to see the premium continue to persist against spot $LINK
🚨The @Grayscale $LINK Trust has now hit a record high price of $125 🚨
This is 6.25x the current price. Historically, the $GLNK price is at a premium of 2.5x-3.5x the $LINK price
If we use that math, in the near term, $LINK could get to $41 per token