According to on-chain analyst Onchain Lens (@OnchainLens), Grayscale's GLNK ETF received 132,950 LINKS from Coinbase Prime 6 hours ago, worth about $1.53 million, according to on-chain analyst Onchain Lens (). Currently, the ETF holds a total of 10.66 million LINK, and the asset management scale (AUM) is approximately US$124.16 million.
In comparison, according to The Block, Grayscale submitted a fifth amendment to the US Securities and Exchange Commission (SEC) on August 21 to further advance its Zcash ETF listing plan. According to the latest application, the product will officially be renamed “The Zcash ETF”, with an annual management rate of 2.5%. It is planned to be listed under the code “ZCH” on the Arca section of the New York Stock Exchange. The custodian is Coinbase Custody Trust Company, and the transfer agent is Bank of New York Mellon. The ETF will be converted from Grayscale's existing Zcash Trust, which has been in operation since 2017 and currently has over $260 million in assets under management. Previously, in the fourth amendment application, a subsidiary of Grayscale's parent company Digital Currency Group had discussed injecting approximately 200,000 ZEC into the fund.
Comparing news, the cryptocurrency sector has been picking up for three consecutive days. Bitcoin once surpassed $75,000 this morning and now remains near the $74,500 mark. Following US President Trump's intensive favorable remarks on the cryptocurrency sector this Wednesday, the first meeting of the US Commodity Futures Trading Commission (CFTC) Innovation Advisory Committee was held this Thursday, presided over by CFTC Chairman Michael S. Selig and others. A large number of founders and executives in the cryptocurrency field appeared on the conference list. These include: Coinbase CEO Brian Armstrong; Uniswap Labs CEO Hayden Adams; Polymarket CEO Shayne CoplanRipple CEO Brad Garlinghouse; a16z Crypto Managing Partner Chris Dixon; Co-Founder of Multicoin Capital Tushar Jainkalshi Co-founder Luana Lopes Lara; Chainlink Labs CEO Sergey Nazarov; Gemini CEO Tyler WinklevosSkraken Co-CEO Arjun Sethi; Robinhood CEO Vlad Tenev; Solana Labs CEO Anatoly Yakovenko; Representatives of companies such as Anchorage Digital, Grayscale, OKX, and Consensys. Traditional financial institutions and exchange executives (such as CME Group, Cboe, Nasdaq, ICE, etc.) also attended. The conference focused on topics such as the evolution of crypto regulation, artificial intelligence, and predictive markets. The U.S. CFTC Innovation Advisory Committee (IAC) was formally established on January 12, 2026. On the same day, CFTC Chairman Michael S. Selig announced the launch of the committee and changed its name from the original Technology Advisory Committee (Technology Advisory Committee) to provide advice to the committee on innovative topics such as fintech, crypto assets, and artificial intelligence.
In comparison, according to Watcher.Guru monitoring data, today's spot Bitcoin ETF turnover has exceeded 5.3 billion US dollars. Product turnover was as follows: BlackRock (BlackRock) $4.438 billion, Fidelity $438 million, Grayscale $209 million, Bitwise $107 million, ARK Invest $72.895 million, and VanEck $32.842 million. The remaining product turnover was: Morgan Stanley $14.8016 million, Franklin $11.1747 million, Invesco $5.5934 million, Valkyrie $1.525 million, WisdomTree $6001 million, and Hashdex $269 million, respectively. BlackRock accounts for more than 80% of all spot Bitcoin ETFs in a single day and continues to dominate the market.
According to SosoValue data, yesterday (August 20, EST) HYPE spot ETF had a total net inflow of US$5.8553 million in a single day. The HYPE spot ETF with the highest net inflow yesterday was Grayscale Hyperliquid Staking ETF (HYPG), with a single-day net inflow of US$2.5659 million, with a total historical net inflow of US$130 million. Next is the Bitwise Hyperliquid ETF (BHYP), with a single-day net inflow of $24.48 million, with a total historical net inflow of $112 million. At press time, the total net asset value of HYPE spot ETF was US$350 million, HYPE's net asset ratio was 2.13%, and the cumulative historical net inflow had reached US$287 million.
Comparing news, Grayscale submitted the fourth amendment to the Grayscale Zcash Trust (ZEC) registration statement to the US SEC to list and trade the trust on the New York Stock Exchange Arca market under the code ZCSH. After listing, participants were authorized to purchase and redeem trust shares on a sustainable basis. Previously, the trust only supported OTCQX (OTCQX) transactions and did not support redemption. As of June 30, 2026, the trust held approximately 2.3% of ZEC's circulating supply and NAV of approximately US$155.2 million. Additionally, a subsidiary of Grayscale's parent company DCG is in discussions to purchase shares of approximately 200,000 ZEC trusts, but no binding agreement has yet been reached.
Comparatively, according to Coinpedia, J.P. Morgan Chase's second-quarter 13F documents, with an asset management scale of about 5.1 trillion US dollars, submitted to the US SEC showed a significant adjustment in its crypto-related ETF holdings. In terms of Bitcoin, the bank holds a total of about 10.4 million shares of BlackRock IBIT, worth about US$355.7 million as of June 30, up from about 8.3 million shares and nearly US$162 million in the first quarter; IBIT's bullish options increased to about 3.94 million, and put options fell from about 4.75 million to about 3.5 million. On the Ethereum side, J.P. Morgan holds nearly 1.17 million shares of BlackRock ETHA worth of about $14.3 million, an increase of 338% over the previous quarter, but the value of Bitcoin positions is still more than 20 times that of ETHA. On the XRP side, the bank re-established positions after the relevant positions returned to zero in the first quarter, holding a small share of the Bitwise XRP ETF and Grayscale XRP Trust ETF, and holding about 19,900 Armada Acquisition Corp II shares related to Ripple-backed transactions, worth about $207,000. In addition, the document also shows that J.P. Morgan Chase created a new Bitwise Solana staking ETF position, about 47,500 shares. The article also mentioned the recent net outflow of US spot Bitcoin ETFs, and the next 13F, which covers the third quarter, is expected to be disclosed in November.
According to SosoValue data, yesterday (August 10, EST) HYPE spot ETF had a total net inflow of US$2.7422 million in a single day. The HYPE spot ETF with the highest net inflow yesterday was Bitwise Hyperliquid ETF (BHYP), which had a net inflow of US$1,557,400 in a single day, with a total historical net inflow of US$110 million. Next is Grayscale Hyperliquid Staking ETF (HYPG), with a single-day net inflow of $1.18.48 million, with a total historical net inflow of $128 million. At press time, the total net asset value of HYPE spot ETF was US$265 million, HYPE's net asset ratio was 2.15%, and the cumulative historical net inflow had reached US$284 million.
In comparison, Grayscale research director Zach Pandl wrote that the global alternative asset market has grown nearly sevenfold since the 2008 financial crisis, and the share of private equity, private credit, hedge funds, physical assets, and crypto in the global investment portfolio continues to rise. According to its quoted data, within alternative assets, private equity accounts for about 29%, hedge funds about 23%, and crypto accounts for about 13%. According to Zach Pandl, differences in configuration preferences between generations may further reinforce this trend. According to Bank of America's survey of high-net-worth individuals, investors aged 21 to 43 allocate about 53% of their assets outside of traditional equity bonds, compared to 26% of those aged 44 and over. As more than $100 trillion of wealth is expected to be transferred to the younger generation over the next few years, its stronger preference for alternative assets is likely to bring continued tailwind to crypto. He added that the lower entry threshold for alternative assets is one of the reasons for this shift. Crypto is also developing along a similar path, and regulated products such as Bitcoin ETP and institutional market infrastructure provide a more convenient way to gain exposure.
According to the SEC page, Grayscale has successively submitted 3 Form RWs to withdraw the S-1 registration statements for Grayscale Cardano Trust ETF, Grayscale Hedera Trust ETF, and Grayscale Polkadot Trust ETF.