$LINK sees $10M ETF inflows – Why LINK’s price still struggles
Chainlink’s institutional momentum grows, but LINK’s value capture remains uncertain.
Bitwise’s latest $1.17 million LINK transfer from Wintermute adds to a broader pattern of institutional activity around Chainlink [LINK].
The repeated depositing of money into the Bitwise Chainlink ETF is indicative of continuing investment in the Chainlink ETF. According to SoSoValue data, the two-day chain of inflows in this period added approximately $10 million in new capital into the Chainlink ETF.
Chainlink’s institutional momentum grows, but LINK’s value capture remains uncertain.
Bitwise’s latest $1.17 million LINK transfer from Wintermute adds to a broader pattern of institutional activity around Chainlink [LINK].
The repeated depositing of money into the Bitwise Chainlink ETF is indicative of continuing investment in the Chainlink ETF. According to SoSoValue data, the two-day chain of inflows in this period added approximately $10 million in new capital into the Chainlink ETF.