Whale Activity Surges in Chainlink as Second ETF Hits the Market
The post Whale Activity Surges in Chainlink as Second ETF Hits the Market appeared on BitcoinEthereumNews.com.
Crypto whales are increasing their exposure to Chainlink (LINK) as the second spot ETF tied to the altcoin entered the market this week. The increase in institutional and large-holder activity signals growing confidence in Chainlink’s outlook. Despite this, LINK has declined by more than 1% over the past 24 hours, in line with the broader market downturn. Sponsored Sponsored Bitwise Chainlink ETF Debuts With $2.59 Million in Inflows The Bitwise Chainlink ETF (ticker: CLNK) started trading on NYSE Arca on January 14. CLNK operates with a 0.34% management fee. However, Bitwise is waiving this fee for the first three months on up to $500 million in assets. “Chainlink provides the essential oracle infrastructure that bridges that gap, powering the risk management and financial decision-making necessary for mainstream adoption. With CLNK, investors now have a new way to invest in this foundational layer of the blockchain economy,” Matt Hougan, Chief Investment Officer at Bitwise stated. According to data from SoSoValue, opening day saw $2.59 million in net inflows. The fund’s net assets reached $5.18 million, and trading volume totaled $3.24 million. The launch marks the second US spot ETF directly tied to LINK. Grayscale’s Chainlink Trust ETF (GLNK), which debuted in early December, attracted $37.05 million in inflows on its first day. By comparison, Bitwise’s initial inflows appear modest. Even so, the ETF’s debut has pushed total LINK ETF net assets to $95.87 million, bringing the figure closer to the $100 million mark. Chainlink ETF Performance. Source: SoSoValue Sponsored Sponsored LINK Whales Step Up Accumulation Beyond institutional interest, Chainlink is also drawing attention from crypto whales. On-chain data shows that a single whale wallet (0x10D9) withdrew 139,950 LINK from Binance, valued at approximately $1.96 million. This follows an earlier accumulation phase in which the same wallet withdrew 202,607 LINK, worth around…
Filed under: News - @ January 15, 2026 7:22 am