Bitwise Sees Surging Interest in Chainlink ETF Amid Crypto Downturn

Despite the crypto market's continued struggles amid volatility, Chainlink has managed to retain investors' confidence and remains one of the top performing assets. According to Bitwise CEO Hunter Horsley, the firm's Chainlink ETF has seen unusual participation with $1.5 million in inflows over the last week.

Horsley expressed his delight at the increased participation in the company's investment product, noting that it was encouraging to see investors expand their understanding of Chainlink.

Chainlink has traded as the best performing crypto asset among top 15 cryptocurrencies by market capitalization, recording a massive price increase of 13.48% over the last week.