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Bitwise Chainlink ETF sees $10M inflows despite LINK price drop lowering net assets

Market News
15 Oct 2026
Tokenpost
View Source
Neutral
Bitwise Chainlink ETF sees $10M inflows despite LINK price drop lowering net assets

The Bitwise Chainlink ETF experienced about $10 million in inflows over two days, yet its net assets fell from $249.41 million to $229.38 million due to a decline in Chainlink (LINK) price. This shows that LINK's price drop outweighed new money entering the fund. Bitwise also received a $1.17 million LINK transfer from market maker Wintermute. Chainlink remains a dominant oracle provider in decentralized finance, holding over 60% of tracked oracle value and expanding cross-chain services with its CCIP protocol, which may influence future demand for LINK tokens.

Chainlink (LINK) is trading at Rp215.661 on Pluang as of Oct 15, 2026 17:42 WIB, down 6.37% in one day, which aligns with the net asset decline in the Bitwise Chainlink ETF despite $10 million inflows. LINK's market cap stands at Rp162,26 trillion, with a high sell order activity of 93% on Pluang, indicating strong selling pressure. The typical hold time of 63 days suggests medium-term investor engagement amid the current price drop.

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