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Grayscale and Bitwise boost Chainlink ETF holdings amid growing institutional interest and blockchain adoption.

Market News
30 Sep 2026
AMBCrypto
View Source
Bullish
Grayscale and Bitwise boost Chainlink ETF holdings amid growing institutional interest and blockchain adoption.

Grayscale increased its Chainlink (LINK) holdings by about 629,100 LINK worth $8.37 million in September, reflecting rising institutional demand through its Chainlink ETF. Bitwise also filed with the SEC to launch a Chainlink ETF that plans to stake 20% of its LINK holdings, adding a new layer to ETF strategies. Meanwhile, Chainlink's blockchain tech is expanding in traditional finance via Bottomline's Global Pay Connect, which serves over 600 banks and processes $16 trillion annually. LINK's price recently hit a 2026 high of $15.80 before pulling back to $14.43, with key support at $13.75; a strong close above $15.80 could lead to further gains toward $17.63 and $20. This institutional activity and real-world adoption highlight growing confidence in Chainlink's ecosystem and potential price growth.

Chainlink (LINK) trades at Rp257,658 on Pluang as of Sep 30, 2026 19:23 WIB, down 6.68% in the last day. The market cap stands at Rp192.44 trillion with a 24-hour volume of Rp9.59 trillion. Despite recent price drops, 71% of Pluang users are selling, while the typical hold time is 63 days, indicating mixed sentiment amid growing institutional interest.

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