{"id":86818,"date":"2023-11-09T13:39:46","date_gmt":"2023-11-09T11:39:46","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=86818"},"modified":"2025-09-13T07:53:09","modified_gmt":"2025-09-13T04:53:09","slug":"grayscale-chainlink-trust-premium-exceeds-200","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/grayscale-chainlink-trust-premium-exceeds-200\/","title":{"rendered":"Grayscale Chainlink Trust premium exceeds 200%"},"content":{"rendered":"<p>The price of Grayscale Chainlink Trust (GLNK) surpassed <span data-descr=\"net asset value\" class=\"old_tooltip\">NAV<\/span> by <a href=\"https:\/\/www.coinglass.com\/Grayscale\">a record 223.86%<\/a>. The divergence may reflect a sharp rise in demand for the product from institutional investors.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Grayscale Chainlink Trust <a href=\"https:\/\/twitter.com\/search?q=%24GLNK&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$GLNK<\/a> trading at a 200%+ premium over spot ?<\/p>\n<p>$39 per share, with 0.93482160 <a href=\"https:\/\/twitter.com\/search?q=%24LINK&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$LINK<\/a> per share <a href=\"https:\/\/t.co\/0dxljSDzQ8\">pic.twitter.com\/0dxljSDzQ8<\/a><\/p>\n<p>\u2014 ChainLinkGod.eth (@ChainLinkGod) <a href=\"https:\/\/twitter.com\/ChainLinkGod\/status\/1722053266043724107?ref_src=twsrc%5Etfw\">November 8, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Historically, the trust&#8217;s premium has hovered around 20%.<\/p>\n<p>For institutional investors, GLNK is a regulated product that may be added to an investment portfolio.<\/p>\n<p>The pronounced deviation is also tied to modest <span data-descr=\"assets under management\" class=\"old_tooltip\">AUM<\/span> in the trust \u2014 just $4.4 million.<\/p>\n<p>According to journalist Colin Wu, the product&#8217;s trading volume also reached a record 20,102 units (~$886,700).<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Grayscale&#8217;s GLINK premium rate hit a record high of 216.82%; the GLINK trading volume on that day was 20,102 GLINK, which also hit a record high. Large positive premiums include GSOL at 462.13%, FILG at 574.24% and GXLM at 122.76%. However, these are all under $10 million in AUM.\u2026<\/p>\n<p>\u2014 Wu Blockchain (@WuBlockchain) <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/1722425782700790118?ref_src=twsrc%5Etfw\">November 9, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to CoinGecko, Chainlink (LINK) has nearly doubled over the past 30 days, including an 8.9% rise in the last 24 hours.<\/p>\n<p>The asset was the top gainer in the top-30 ranking over seven days, up 30.4%.<\/p>\n<p>Earlier in October, CoinGecko analysts <a href=\"https:\/\/u1f987.com\/en\/news\/coingecko-flags-uptober-effect-for-the-crypto-market\"> drew attention<\/a> to Chainlink&#8217;s outperformance in an October report.<\/p>\n<p>Earlier, ForkLog <a href=\"https:\/\/u1f987.com\/en\/news\/altcoin-favourites-what-explains-the-sol-and-link-rally\"> examined<\/a> the asset&#8217;s price rise.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price of Grayscale Chainlink Trust (GLNK) surpassed NAV by a record 223.86%. The divergence may be due to a sharp rise in demand for the product from institutional investors.<\/p>\n","protected":false},"author":1,"featured_media":86819,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1388,943,1156,1145],"class_list":["post-86818","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-chainlink-link","tag-grayscale-investments","tag-institutional-investors-and-whales","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/86818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=86818"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/86818\/revisions"}],"predecessor-version":[{"id":86820,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/86818\/revisions\/86820"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/86819"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=86818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=86818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=86818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}