Core Insights - Grayscale is set to uplist its Chainlink trust to NYSE Arca, potentially making it the first U.S. spot Chainlink exchange-traded fund (ETF) to begin trading this week, with an effective date of December 2 [1][3] - The amended S-1 filing confirms that the trust will hold LINK as its sole asset and will transition to "Grayscale Chainlink Trust ETF" upon launch [2] - The conversion from a private trust to a tradable ETF will allow for creations and redemptions managed by authorized participants, starting as cash-only transactions [4] Industry Context - The listing process for Grayscale's Chainlink ETF mirrors previous successful launches of Grayscale's DOGE and XRP ETFs, which also underwent similar procedural steps [3] - NYSE Arca typically publishes its listing notice close to the trade date, a pattern observed during the launches of the DOGE and XRP ETFs [4] - The cash-only model for the Chainlink ETF may lead to wider price spreads initially, as authorized participants will manage more of the buying and selling [5] Tokenomics Comparison - Chainlink (LINK) has a fixed maximum supply of 1 billion tokens, with scheduled unlocks and ecosystem distributions affecting circulating supply over time [6] - In contrast, Dogecoin has an uncapped, inflationary model with a fixed issuance of 5 billion new DOGE per year [6] - XRP was pre-minted with a total supply of 100 billion tokens, with monthly releases from escrow governing market introduction [7]

Core Insights - Five spot altcoin ETFs are set to launch in the coming days, coinciding with positive capital flows into major altcoins like ETH, SOL, and XRP [1] - A significant influx of altcoin ETFs is anticipated, with over 100 expected in the next six months, as analysts track more than 150 ETFs yet to be launched [2] - Bitcoin spot ETFs are experiencing negative capital flows, while altcoin ETFs are gaining momentum, capturing substantial inflows [4] Group 1 - The upcoming launch of altcoin ETFs includes the Grayscale Dogecoin ETF, Grayscale XRP Trust, Franklin XRP ETF, Bitwise DOGE ETF, and Grayscale Chainlink Trust [1] - Analysts predict a massive flow of altcoin ETFs into the market, with several XRP ETFs already performing well shortly after their launch [3] - Bitcoin's recent selloff is attributed to U.S. market conditions, including tightening liquidity and widening credit spreads, impacting its capital flows negatively [4] Group 2 - The capital flight from Bitcoin is seen as an opportunity for altcoins to better capture their network value, with specific examples like UNI, ETH, and XRP highlighted [5] - The upcoming Fusaka upgrade for ETH is expected to significantly enhance its token value capture, which has not been widely discussed [5] - There is a growing interest in staking among the community, which could alter the economic dynamics for token holders [6] Group 3 - The introduction of ETFs is believed to create a steady inflow channel that can act as a liquidity buffer, helping to mitigate recent selling pressure in the market [7] - Analysts have set year-end price predictions for ETH at $3,200, XRP at $3, and SOL at $150, indicating a potential rally [7]

11月25日消息，美国货币政策风向突变引发加密货币市场剧烈震荡。旧金山联储主席戴利周一公开表态 支持12月降息后，CME"美联储观察"数据显示，12月降息25个基点的概率从前一日的69.4%骤升至 81%，维持利率不变的概率仅为19%。与此同时，加密货币市场恐慌与贪婪指数维持在21的极度恐慌水 平，较昨日仅上涨1点，过去7天均值为14，30天均值为24。在这一背景下，美国首个狗狗币现货ETF上 线纽约证券交易所，XBIT狗狗币清算地图监测数据显示，杠杆持仓正经历结构性调整。 戴利在周一的采访中明确表示："在劳动力市场上，我没有信心我们能走在前面。现在劳动力市场已足 够脆弱，风险在于发生非线性变化。"她认为就业市场突然恶化的可能性比通胀骤然上升更大，也更难 以控制。这一表态与美联储主席鲍威尔的谨慎立场形成对比，市场迅速将12月9日至10日会议的降息预 期推高至81%。 币界网数据显示，当前加密货币恐慌贪婪指数为21，仍处于极度恐慌状态。该指数在过去一周维持在 14-21的低位区间，反映出投资者对宏观经济不确定性和加密资产波动的双重焦虑。比特币价格一度跌 至82,000美元，随后在剧烈波动中回升至85,000美元 ...

Dogecoin's Wall Street glow-up continues with launch of Grayscale Dogecoin ETF https://t.co/6n5Z5g6iI8 ...