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Chainlink ETF adds $10M as fund assets decline

Chainlink ETF adds $10M as fund assets decline Image: AMBCrypto
Image via AMBCrypto.

The Bitwise Chainlink ETF added about $10 million in new money over two days, according to SoSoValue data. The fund's total net assets fell to $229.38 million from $249.41 million in the same period. Cumulative net inflows were roughly $179.61 million. Bitwise received a $1.17 million LINK transfer from Wintermute. LINK's price dropped, lowering the fund's asset value despite fresh capital.

Key points

  1. The Bitwise Chainlink ETF added about $10 million in new money over two days, according to SoSoValue data.
  2. Cumulative net inflows into the Chainlink ETF stood at roughly $179.61 million.
  3. Chainlink secures about 60.28% of all tracked oracle value.

Why it matters

The ETF drew new money while its dollar value fell because LINK's price dropped. Chainlink's large share of tracked oracle value has not automatically raised demand for the LINK token.

Price context · LINK

At publication
$12.08
Now
$12.00
Change since
−0.66%
7 days · dashed line = publication

Sources · 2 publishers

AMBCrypto Tier 2 First report
Chainlink sees $10M ETF inflows – Why LINK’s price still struggles
Blockonomi Tier 3
Chainlink (LINK) Price: ETF Inflows Rise While Token Value Falls

Coverage timeline

  1. First reported by AMBCrypto
  2. Also reported by Blockonomi
  3. CryptoVideos brief published
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error

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