X @Wendy O

Grayscale filed with the SEC to convert its $28.7M LINK Trust into a staking ETF, to be listed on NYSE Arca under the ticker GLNK.The move aims to offer regulated exposure to LINK's price performance without requiring direct token custody.The ETF would use a cash-based creation and redemption model, though in-kind options may be explored later.Grayscale also plans to stake some LINK tokens through third-party custodians.Coinbase will handle custody, while The Bank of New York Mellon and CSC Delaware Trust C ...