Crypto
Chainlink ETF Sees First September Inflow as Network Activity Hits New High
The Chainlink ETF has recorded its first inflow in September, bringing the cumulative total to $147.49 million.
The net inflows of $1.09 million on September 9 lifted the total net assets to $181.76 million, with Grayscale's GLNK holding about $136.41 million and Bitwise's Chainlink ETF having around $45.36 million in net assets.
Chainlink network activity has been strong, with new wallet creation and active addresses remaining above early August levels, according to Santiment data.
Analysts are watching a long-term bullish continuation pattern for LINK price, which could support a fresh breakout in the weeks ahead.