Grayscale's Chainlink Trust ETF (GLNK) reported $72.2 million in net assets for Q2 2026, down due to an 18% drop in the LINK token price from $8.77 to $7.20. The fund's net asset value per share fell to $6.38, reflecting a $16.4 million unrealized loss despite stable token holdings. GLNK launched in December 2025 with strong initial inflows but has since seen flat asset growth due to price declines. The annual fee remains at 0.35%, significantly lower than the previous private trust rate.
Chainlink (LINK) is trading steadily at $8.22, supported by a strong $8.00–$8.10 zone that hints at a bullish reversal through an inverse head-and-shoulders pattern. A breakout above $8.40–$8.50 could push LINK toward $9. Meanwhile, Chainlink's ongoi...
Financial analysts highlight five cryptocurrencies as core components for a balanced long-term investment portfolio. Bitcoin serves as a stable foundation due to its limited supply and institutional acceptance. Ethereum leads in smart contract and De...
U.S.-listed altcoin ETFs showed mixed investor flows on August 6, with XRP and Hyperliquid ETFs attracting net inflows while Solana ETFs experienced outflows. XRP ETFs gained $3.45 million, primarily in Franklin’s XRPZ and Bitwise’s spot XRP ETF, ind...
In the past 24 hours, 1.26 million LINK tokens left centralized exchanges, marking the largest daily outflow since June 29. This reduction in exchange liquidity suggests stronger accumulation and less immediate selling pressure. Institutional adoptio...
Chainlink (LINK) experienced a significant outflow of 1.26 million tokens from centralized exchanges, the largest since June 29, reducing available supply and easing selling pressure. Institutional adoption is rising, highlighted by DTCC's tokenized ...
