Chainlink ETF won’t guarantee LINK’s green December – Here’s why
The post Chainlink ETF won’t guarantee LINK’s green December – Here’s why appeared on BitcoinEthereumNews.com.
Chainlink has been the leading oracle platform in integrating traditional finance into decentralized finance. The two sides seem to be in line as exchange-traded funds (ETFs) for Chainlink are set to hit Wall Street. Will this positive news save the declining on-chain activity and price action that seem to be taking a downward spiral? Chainlink ETF to launch this week According to a post by Nate Geraci on X (formerly Twitter), Grayscale updated its LINK Trust S-1 as they gear up to launch the first spot Chainlink ETF. The firm will be aiming to convert this private fund into an ETF, which will be debuting this week. The US Securities and Exchange Commission (SEC) gave a green light, and this could ignite social buzz on the altcoin. Liquidity and capital inflow were expected to rise once the ETF debuted due to institutional demand. Source: Nate Geraci The Chainlink ETF exposes traditional investors to the oracle platform, which means more demand. However, this was happening against the backdrop of a weak crypto in terms of activity and price action. Data says December could be red! On-chain data was showing weakness as the Total Value Secured (TVS) fell from $103.21 billion to $80.5 billion in only three months. These deposits accounted for borrowed and smart contracts by all its oracles, per Chainlink Metrics. Source: Chainlink Metrics The market consumed this declining network activity, but historical data suggested that LINK was more likely to have another red month. Using the data since its debut in 2017, LINK has more than 60% of closing in red in December. Only three instances have been green in its LINK’s existence. Again, every time November had closed red, the next month also had a similar outcome, except for Chainlink’s first year. Source: CoinRank Worsening the situation was…
Filed under: News - @ December 1, 2025 2:27 pm