Chainlink ETF Sees Significant Inflows Amid Market Volatility
Bitwise CEO Hunter Horsley has revealed that his company's Chainlink ETF has seen significant inflows despite the broader crypto market downturn.
In a post shared earlier, Horsley noted that the Bitwise Chainlink ETF attracted around $1.5 million in inflows over the week, indicating increased investor interest in gaining exposure to Chainlink through traditional investment platforms.
This growth in adoption comes as Chainlink continues to outperform other top 15 cryptocurrencies by market capitalization, with a 13.48% price increase over the last week.
Horsley attributed this surge in institutional interest to Chainlink's growing utility and efficiency, as well as its potential role in bridging the gap between traditional markets and the crypto ecosystem.