Key Takeaways
- • The Bitwise Chainlink ETF recorded about $10 million in net inflows over two days, yet its total net assets fell from $249.41 million to $229.38 million because the LINK token price declined.
- • Bitwise received a $1.17 million LINK transfer from market maker Wintermute, according to the primary report.
- • Cumulative net inflows into the fund were roughly $179.61 million before the latest two-day period, per AMBCrypto-cited data.
- • LINK traded at Rp215,661 on Pluang as of October 15, 2026, down 6.37% in one day, with sell orders accounting for 93% of activity on the platform.
- • Chainlink holds over 60% of tracked oracle value, and its CCIP protocol expansion may shape future LINK demand.
Summary
The Bitwise Chainlink ETF attracted about $10 million in inflows over two days, according to SoSoValue data, but its total net assets declined from $249.41 million to $229.38 million as the price of Chainlink (LINK) fell. The primary report indicates that the valuation drop outweighed the new capital entering the fund, leaving the product's asset base lower despite continued investor demand.
Bitwise also received a $1.17 million LINK transfer from market maker Wintermute, a development that the primary report cites as evidence of continued institutional engagement with the product. Cumulative net inflows into the fund had been roughly $179.61 million before this recent period, per AMBCrypto coverage, indicating that the vehicle has accumulated a meaningful base of investor capital.
LINK was trading at Rp215,661 on Pluang as of October 15, 2026, at 17:42 WIB, down 6.37% in one day. The platform's market data showed a market capitalization of Rp162.26 trillion and sell orders representing 93% of activity, signaling strong near-term selling pressure. Pluang's data also indicated a typical holding period of 63 days, suggesting medium-term investor engagement during the price decline.
The report highlights Chainlink's structural position in decentralized finance, where it holds over 60% of tracked oracle value. The network's expanding cross-chain services under its CCIP protocol may influence future demand for LINK tokens, though the near-term performance of the ETF remains tied to token price movements.
Bitwise also received a $1.17 million LINK transfer from market maker Wintermute, a development that the primary report cites as evidence of continued institutional engagement with the product. Cumulative net inflows into the fund had been roughly $179.61 million before this recent period, per AMBCrypto coverage, indicating that the vehicle has accumulated a meaningful base of investor capital.
LINK was trading at Rp215,661 on Pluang as of October 15, 2026, at 17:42 WIB, down 6.37% in one day. The platform's market data showed a market capitalization of Rp162.26 trillion and sell orders representing 93% of activity, signaling strong near-term selling pressure. Pluang's data also indicated a typical holding period of 63 days, suggesting medium-term investor engagement during the price decline.
The report highlights Chainlink's structural position in decentralized finance, where it holds over 60% of tracked oracle value. The network's expanding cross-chain services under its CCIP protocol may influence future demand for LINK tokens, though the near-term performance of the ETF remains tied to token price movements.
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