Chainlink ETF: Will LINK Price Bounce Back or Face a Bigger Crash?

Ah, Chainlink. The cryptocurrency that’s as cryptic as its name suggests. This week, it’s all eyes on LINK as it gears up to make its grand entrance into the world of ETFs. Yes, you heard that right – an ETF for Chainlink. Who knew?

For those wondering, the LINK price currently hovers at a not-so-impressive $12.18 – because why not throw in a small reminder that the market has a way of taking your money and running? 🏃‍♂️💸

And here’s some fun trivia: the 24h volatility is at a whopping 7.0%. Wild, huh? The market cap stands at a nice $8.49 B, while the 24-hour trading volume has mysteriously surged to $628.31 M (don’t ask, we don’t know either). If only numbers were a magic potion to fix things!

The LINK ETF – Coming Soon to a Wallet Near You

In an announcement that could only be topped by a surprise birthday party, Nate Geraci, President of Nova Dius Wealth, has let slip that Chainlink is getting its own ETF this week. Grayscale, the ones behind this stroke of genius, will be the lucky institution to turn this crypto dream into a reality.

Set to launch this week…

First spot LINK ETF.

Grayscale will be able to uplist/convert Chainlink private trust to ETF.

– Nate Geraci (@NateGeraci) December 1, 2025

The launch will be historic – not only because it’s the first of its kind for LINK, but also because it comes at the same time as a whole collection of other crypto ETFs (XRP, Solana, and who knows what else). Talk about jumping on the bandwagon!

Grayscale has been playing this game since February 2021, when it first launched the Chainlink Trust (GLNK). Now, in a shocking twist, it plans to turn it into a publicly traded ETF. Let the institutional FOMO begin! 📈

The ETF would unlock new doors for LINK, offering institutional investors a golden ticket to this digital carnival. Grayscale’s Chainlink Trust shares are currently trading at $15, and the fund has more than $17.2 million in assets under management. No big deal.

Meanwhile, a sneaky appearance of the Bitwise Chainlink ETF on the DTCC website also suggests that institutional interest is growing faster than you can say “blockchain.” 📊

So… Will LINK Bounce Back?

Well, the answer to that question is, as always, a bit more complicated than your average soap opera. LINK’s price took a dive last month, dropping nearly 30% amid a larger crypto market meltdown. Despite all the accumulation action in October, it seems the market just loves to surprise us with more drama.

Today, the LINK price is down another 7%, sitting at $12.21. The crypto analyst community is buzzing, with some even saying LINK might be retesting a “breakdown zone.” Could it plummet further to $8? Will the bulls manage to claw their way back? Only time (and your wallet) will tell. 💀

Chainlink $LINK could be retesting the breakdown zone before a move toward $8.

– Ali (@ali_charts) December 1, 2025

On the bright side (because who doesn’t love a good plot twist?), another analyst, Aaryan, thinks LINK could see a “bullish upswing” if the token forms a strong bullish engulfing candle. A candle. Yes, a candle. Because who knew candles were the key to crypto fortune? 🕯️📉

$LINK

if we get a good bullish engulfing or any bullish candle with a good enough buying pressure.

LINK will go long.

ETFs are expected to launch soon.

MEGA BULLISH if it shows buying pressure from this orange box.

– aaryankakad.base.eth (@0xAaryanK) December 1, 2025

He further added that if buyers show up like your friend who always “just happens to be nearby” when there’s free food, LINK will go “mega bullish.” Because we all need that kind of enthusiasm in our lives, right?

Read More

2025-12-01 14:11