Grayscale Adds $1.5M in Chainlink Tokens via Coinbase Prime
Grayscale's Chainlink exchange-traded fund (GLNK) has acquired an additional 132,950 LINK tokens through Coinbase Prime, according to on-chain monitoring by Onchain Lens.
The transaction, executed approximately six hours ago, carries a value of roughly $1.53 million at current market prices.
This marks another incremental addition to the fund's holdings, reflecting ongoing institutional engagement with Chainlink's native token.
Grayscale's GLNK fund allows institutional and accredited investors to gain exposure to Chainlink without directly holding the token, offering a regulated vehicle for portfolio diversification.