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67 Greed

LINK ETFs Extend Three Day Inflow Streak as Token Holds $14 Support

LINK ETFs Extend Three Day Inflow Streak as Token Holds $14 Support Image: CoinGape
Image via CoinGape.

Two Chainlink exchange-traded funds recorded $2.62 million in net inflows on October 1, per SoSoValue data. All inflows went to Bitwise's CLNK fund, while Grayscale's GLNK saw no net change. LINK traded at $14.44 on October 2, up 0.95% in 24 hours, holding above $14 support with $15 as the next resistance level. The token has gained over 30% in the past month following the CCIP 2.0 launch. Combined ETF assets under management total $244.34 million, equal to 2.27% of LINK's total market capitalization.

Key points

  1. Two Chainlink ETFs recorded $2.62 million in net inflows on October 1, per SoSoValue data.
  2. All October 1 inflows went to Bitwise's CLNK, while Grayscale's GLNK had no net change.
  3. LINK traded at $14.44 on October 2, up 0.95% in 24 hours, holding above $14 support.
  4. LINK has gained over 30% in the past month following the CCIP 2.0 launch.

Why it matters

The three-day inflow streak for Chainlink ETFs signals growing investor demand for regulated LINK exposure. The funds' combined $244.34 million in assets under management represent a notable share of LINK's total market capitalization.

Price context · LINK

At publication
$13.97
Now
$13.92
Change since
−0.36%
7 days · dashed line = publication

Sources · 2 publishers

CoinGape Tier 2 First report
Chainlink Price Outlook as LINK ETF Extends Inflow Streak to Three Straight Days
Blockonomi Tier 3
LINK Token Holds $14 Floor While ETF Inflows Hit Three-Day Streak

Coverage timeline

  1. First reported by CoinGape
  2. Confirmed by Blockonomi
  3. CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error

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