Grayscale Boosts Chainlink Holdings Amid Bitwise ETF Filing

Grayscale Investments has increased its holdings of Chainlink (LINK) as Bitwise Asset Management files for an exchange-traded fund (ETF) focused on the asset.

This news is significant for LINK investors, who may be wondering if this development will push prices back up to $15.80, a level seen in recent times.

The growth in Grayscale's holdings of LINK suggests that institutional interest in Chainlink remains strong, even as the broader market experiences volatility.