Grayscale Chainlink Trust ETF ETF

The Trust uses the index Price to calculate its “NAV,” which is the aggregate value, expressed in U.S. dollars, of the Trust’s assets, less the U.S. dollar value of the Trust’s expenses and other liabilities calculated in the manner set forth under “ Valuation of LINK and Determination of NAV.” “NAV per Share” is calculated by dividing NAV by the number of Shares then outstanding.