Grayscale Chainlink Trust ETF

The Grayscale Chainlink Mini Trust is a Delaware statutory trust that holds Chainlink (LINK), a digital asset used to support oracle services on the Chainlink Network, and offers investors exposure to LINK through publicly traded shares on NYSE Arca. The Trust's sole asset is LINK, the native token of the Chainlink Network used to incentivize node operators who provide external data to blockchain networks. The Trust operates on a fee-based model, charging an annual sponsor fee accrued daily based on the Trust's Net Asset Value and earns revenue by passing ordinary operational expenses to the sponsor; shares are created and redeemed through authorized broker-dealers, who may exchange shares in-kind with LINK or in cash, with LINK held in custody by Coinbase Custody Trust Company.