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Chainlink News: Bitwise Buys More LINK as ETF Inflows Return - TradingView

Reported by Fr
Jul 11, 2026· 2 min read
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Key Takeaways
  • • Bitwise has accumulated over $2 million worth of LINK tokens in four weeks, including a recent purchase of 72,774 LINK (~$570,000), signaling sustained institutional conviction in Chainlink as a long-term infrastructure investment rather than speculative positioning.
  • • Spot Chainlink ETF products have resumed net inflows, with two consecutive days of positive flows including a $570,000 inflow in the latest session, indicating renewed professional investor demand despite broader market caution.
  • • Institutional accumulation during market consolidation reflects confidence in Chainlink's ecosystem expansion, particularly driven by continued CCIP (Cross-Chain Interoperability Protocol) adoption strengthening the network's value proposition.
  • • LINK is defending critical demand zones and has emerged as one of the market's most closely watched altcoins, with minimal outflow sessions on spot ETF products suggesting sustained institutional appetite.
Summary
Chainlink is attracting renewed institutional capital as major crypto asset managers and spot exchange-traded products signal bullish conviction. Bitwise, a prominent crypto asset manager, has been methodically accumulating LINK tokens over the past four weeks, purchasing a cumulative total exceeding $2 million in value. The most recent transaction involved 72,774 LINK tokens worth approximately $570,000, demonstrating sustained buying pressure at consistent intervals rather than opportunistic, momentum-driven acquisitions.

This accumulation pattern carries significance for institutional investors. The deliberate, multi-week purchasing strategy suggests long-term conviction rather than short-term speculation, reinforcing Bitwise's view of Chainlink as a foundational infrastructure play within the cryptocurrency ecosystem. Such positioning from established institutional managers carries weight in signaling where smart money sees value during periods of broader market consolidation.

Parallel to direct token purchases, spot Chainlink ETF products have begun recording net inflows after a period of reduced institutional activity. The products posted two consecutive days of positive inflows, with the latest session adding approximately $570,000. While ETF demand has moderated from launch momentum, the products have experienced only occasional outflow sessions, indicating that professional investors continue to maintain or increase exposure during market consolidation periods.

The combination of direct institutional accumulation and renewed ETF inflows reflects strengthening conviction around Chainlink's long-term fundamentals. Beyond capital flows, the network's ecosystem continues expanding, particularly through CCIP adoption, which enhances the protocol's cross-chain interoperability value proposition. With institutional buyers defending critical demand zones, LINK has re-emerged as a focal point for professional investors navigating the current market environment.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Fr Chainlink News: Bitwise Buys More LINK as ETF Inflows Return - TradingView