- ISIN
- US38963V1061
- Issuer
- Grayscale
- Inception Date
- Feb 26, 2021
- Region
- Global (Broad)
- Category
- Cryptocurrency, Blockchain
- Leveraged
- 1x (No leverage)
- Index Tracked
- Chainlink (LINK)
- Domicile
- United States
- Distribution Policy
- Accumulating
- Asset Class
- Cryptocurrency
- Assets Under Management
- $87M
Share Price Chart
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Performance
GLNK Performance Chart
Grayscale Chainlink Trust ETF (GLNK) is down 40.4% since the beginning of the year. GLNK is currently trading at $6 per share.
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Returns By Period
Grayscale Chainlink Trust ETF (GLNK) has returned -40.43% so far this year and -61.39% over the past 12 months.
Grayscale Chainlink Trust ETF
- 1D
- -9.36%
- 1M
- -27.16%
- YTD
- -40.43%
- 6M
- -46.14%
- 1Y
- -61.39%
- 3Y*
- -17.24%
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -2.64%
- 1M
- 0.25%
- YTD
- 7.86%
- 6M
- 7.47%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GLNK Monthly Returns History
Based on dividend-adjusted daily data since May 19, 2022, GLNK's average daily return is +0.48%, while the average monthly return is +7.77%. At this rate, an investment would double in approximately 0.8 years.
Historically, 54% of months were positive and 46% were negative. The best month was Feb 2024 with a return of +157.7%, while the worst month was Feb 2025 at -57.1%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 4 months.
On a daily basis, GLNK closed higher 42% of trading days. The best single day was Mar 7, 2024 with a return of +90.3%, while the worst single day was Jun 7, 2022 at -53.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -12.34% | -19.27% | 0.78% | 4.50% | -1.72% | -18.67% | -40.43% | ||||||
| 2025 | -24.40% | -57.11% | 7.70% | -10.68% | -44.82% | 37.69% | 61.68% | 51.39% | -52.04% | 3.51% | -38.34% | -27.37% | -87.10% |
| 2024 | -26.23% | 157.74% | 24.77% | -41.97% | 69.05% | -36.62% | -33.83% | -16.88% | 14.28% | -20.45% | 54.89% | 21.19% | 38.45% |
| 2023 | 14.64% | 3.90% | 31.95% | 51.96% | -38.71% | 109.16% | -29.04% | 1.50% | 6.20% | 39.47% | 116.98% | 32.63% | 840.06% |
| 2022 | 53.80% | -35.80% | 55.26% | 7.35% | -28.85% | 9.24% | -20.83% | -18.87% | -17.85% |
Benchmark Metrics
Grayscale Chainlink Trust ETF has an annualized alpha of -67.04%, beta of 3.58, and R2 of 0.16 versus S&P 500 Index. Calculated based on daily prices since May 20, 2022.
- This ETF participated in 384.12% of S&P 500 Index downside but only -46.00% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.16 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -67.04%
- Beta
- 3.58
- R²
- 0.16
- Upside Capture
- -46.00%
- Downside Capture
- 384.12%
Expense Ratio
GLNK has a high expense ratio of 2.50%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
GLNK ranks 5 for risk / return — in the bottom 5% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Grayscale Chainlink Trust ETF (GLNK) and compare them to S&P 500 Index.
| GLNK | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 0.94 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.69 | — | — |
| Martin ratioReturn relative to average drawdown | -0.91 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Grayscale Chainlink Trust ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Grayscale Chainlink Trust ETF was 96.17%, occurring on Jun 5, 2026. The portfolio has not yet recovered.
The current Grayscale Chainlink Trust ETF drawdown is 96.17%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2026 bear market2026 | -96.17%Jun 2026 | 2y 2mo | — | 2y 2moMar 2024 - now |
Bear market2022 | -75.95%Dec 2022 | 4mo 19d | 6mo 7d | 10mo 26dAug 2022 - Jul 2023 |
Bear market2022 | -53.80%Jun 2022 | 0s | 1mo 26d | 1mo 26dJun 2022 - Aug 2022 |
2024 bear market2024 | -48.68%Jan 2024 | 12d | 20d | 1mo 2dJan 2024 - Feb 2024 |
2023 bear market2023 | -40.47%Jul 2023 | 19d | 3mo 4d | 3mo 23dJul 2023 - Oct 2023 |
Drawdown Indicators
| GLNK | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.17% | -9.10% | -87.07% |
Max Drawdown (1Y)Largest decline over 1 year | -89.27% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -96.17% | — | — |
Current DrawdownCurrent decline from peak | -96.17% | -2.97% | -93.20% |
Average DrawdownAverage peak-to-trough decline | -55.78% | -1.13% | -54.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 67.14% | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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