Core Insights - Grayscale Investments is expanding its exposure to altcoins such as Chainlink (LINK), Zcash (ZEC), Stellar Lumens (XLM), and Filecoin (FIL), indicating a strategic shift beyond Bitcoin and Ethereum [1][2] Group 1: Grayscale's Strategy - Recent filings and product rebrands suggest a focus on select altcoins, with Grayscale positioning itself as the world's largest digital asset manager [1] - The accumulation trends observed in Grayscale's holdings often precede market rallies, hinting at potential breakout assets [2] Group 2: Chainlink Developments - Grayscale filed for a spot LINK ETF in early September, seeking SEC approval to convert its Chainlink Trust into an ETF listed on NYSE Arca under the ticker GLNK, which may include a staking component with Coinbase Custody as custodian [3] - Analysts highlight that Chainlink (LINK) has one of the "cleanest macro setups" among altcoins, with steady buying pressure reflected in its accumulation chart through 2024 [4]