According to the source, Grayscale’s Chainlink ETF (LINK) is being positioned for a potential NYSE Arca debut this week; traders should wait for official confirmation via SEC EDGAR postings and NYSE Arca listing notices before entering positions. Source: user-supplied report; SEC EDGAR; NYSE Arca. A live listing requires an effective registration statement (e.g., Form S-1/S-3 or N-1A) and an exchange effectiveness/notice; confirmation should be visible via SEC effectiveness updates and NYSE Arca’s listing notifications. Source: SEC EDGAR; NYSE Arca. If launched, primary-market creations/redemptions could drive incremental spot demand for LINK depending on whether the fund uses in-kind or cash creations; this detail is disclosed in the fund prospectus and sponsor materials. Source: SEC prospectus filings; Grayscale product documentation. Trading plan: monitor LINK spot exchange balances for net outflows/inflows, perp funding and futures basis for dislocations around the potential listing window, and options implied volatility for event pricing. Source: major on-chain and market data providers (e.g., CryptoQuant/Glassnode for balances; Deribit/CME and leading exchanges for derivatives data). Headline risk: delays or SEC comments can defer effectiveness and unwind pre-positioning; verify status through SEC comment correspondence and effectiveness notices before executing event-driven strategies. Source: SEC EDGAR.

According to Camilla McFarland, ETH ETF issuers such as BlackRock have filed to enable staking, and institutional investors primarily access public markets exposure through two distinct structures, ETFs and Digital Asset Trusts (DATs), which have materially different mechanics for liquidity, pricing, and operations. Source: Camilla McFarland on X, Nov 21, 2025. ETFs trade intraday and use primary-market creations and redemptions that help keep prices close to net asset value, influencing execution costs and tracking for large orders. Source: U.S. SEC Investor Bulletin on Exchange-Traded Funds. DATs often lack ongoing redemption programs and can trade at persistent premiums or discounts to NAV, which impacts slippage, basis risk, and rebalancing for institutional portfolios. Source: Grayscale Ethereum Trust filings stating the trust has historically not operated an ongoing redemption program. Staking inside an ETH ETF would involve validator operations, where rewards and slashing risks are defined by the Ethereum protocol and must be reflected in fund disclosures and risk factors. Source: Ethereum.org staking documentation and issuer SEC filings (S‑1 and 19b‑4 on EDGAR). For trading, desks should track updated ETH ETF filings for any staking permissions, custody changes, and treatment of staking rewards or fee offsets, as these alter expected net yield, liquidity, and tracking error of ETH exposure. Source: SEC EDGAR filings and issuer prospectus disclosures.