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Bitwise Chainlink ETF gains $10M inflows but total assets drop as LINK price falls

Market News
15 Oct 2026
Blockonomi
View Source
Neutral
Bitwise Chainlink ETF gains $10M inflows but total assets drop as LINK price falls

The Bitwise Chainlink ETF saw about $10 million in new investments over two days, yet its total net assets decreased from $249.41 million to $229.38 million due to a drop in Chainlink's LINK token price. Institutional interest remains steady, highlighted by a $1.17 million LINK transfer from market maker Wintermute. Chainlink dominates the oracle market with over 60% share, supporting $36.6 billion across 530+ protocols. The recent launch of CCIP v2.0 aims to boost institutional adoption by enabling cross-chain transfers and compliance, potentially increasing future revenue and token demand.

Chainlink's LINK token is trading at Rp216.771 on Pluang as of Oct 15, 2026, 17:03 WIB, showing a 5.97% decline in the last day. Despite the recent ETF inflows, Pluang data reveals a strong sell sentiment with 93% of orders being sell orders. The typical holding period for LINK on Pluang is 63 days, indicating moderate investor patience amid current price movements.

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

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

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