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Chainlink ETF inflows rise as institutional investors boost LINK holdings, pushing price near $10.

Market News
18 Aug 2026
AMBCrypto
View Source
Bullish
pluang ai news

Chainlink has seen renewed institutional interest with Spot ETFs recording net inflows for two consecutive days, totaling over $3.5 million recently. Bitwise led this demand by purchasing 171,870 LINK worth $1.7 million, increasing its holdings to 3.092 million LINK valued at $30 million. This institutional buying, combined with reduced LINK supply on exchanges, suggests strong upward momentum. Technical indicators support a potential price rise above the $10 resistance level if demand continues and LINK stays above $9.

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