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Chainlink gains institutional backing but LINK token price lags despite ETF inflows.

Market News
14 Oct 2026
AMBCrypto
View Source
Neutral
Chainlink gains institutional backing but LINK token price lags despite ETF inflows.

Institutional investors continue to support Chainlink, with Bitwise adding $1.17 million to its Chainlink ETF and total inflows reaching about $10 million recently. Despite this, the overall value of LINK funds has declined due to falling LINK prices, even as investment exposure grows. Chainlink dominates the oracle market with over 60% share, crucial for DeFi protocols, and is expanding into tokenized assets and institutional infrastructure through its Cross-Chain Interoperability Protocol (CCIP). However, stronger adoption and revenue growth from CCIP are needed to boost LINK token demand and price recovery.

Chainlink (LINK) is trading at Rp217.564 on Pluang, down 6.47% as of Oct 15, 2026 10:21 WIB, with a market cap of Rp162,65 trillion. Despite recent ETF inflows totaling about $10 million, the token shows strong selling pressure on Pluang, with 93% of order activity being sell orders and a typical hold time of 63 days. This highlights the ongoing challenge LINK faces in price recovery even as institutional interest grows.

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