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Bitwise CEO Sees Growing Chainlink Interest as ETF Draws $1.5 Million

2h ago
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Summary

  • Bitwise Chainlink ETF attracted approximately $1.5 million in weekly inflows, reflecting institutional demand despite persistent weakness across broader cryptocurrency market conditions.
  • Chainlink infrastructure connects blockchains with external data and financial systems, strengthening its relevance as institutions explore digital asset adoption pathways.
  • LINK gained 13.48% over the week, outperforming several major cryptocurrencies and adding market strength to Bitwise’s institutional investment narrative demand.

 


Bitwise CEO Hunter Horsley has highlighted growing institutional interest in Chainlink as the firm’s LINK ETF attracts steady investor inflows. According to Horsley, the Bitwise Chainlink ETF recorded inflows across multiple days, bringing its weekly total to approximately $1.5 million.


The participation stands out during a difficult period for cryptocurrencies, with volatility weighing on several major digital assets across the market. Moreover, Horsley linked the demand to investors gaining a deeper understanding of Chainlink and its potential role across financial markets.


He described the participation as encouraging because investors appear increasingly interested in the technology supporting the LINK investment case. Chainlink provides blockchain infrastructure that connects decentralized networks with external data, financial systems, and applications operating beyond individual blockchains.


Consequently, its technology has gained relevance as financial institutions explore ways to connect traditional infrastructure with blockchain-based products and services. Horsley believes investors are increasingly recognizing this function when evaluating Chainlink’s place within the wider digital asset ecosystem.


Also Read: XRP Whales Keep Accumulating as Market Cap Falls 29% Over Three Months, Data Shows


Bitwise Chainlink ETF Records Steady Investor Demand

The approximately $1.5 million in weekly inflows gives Bitwise another indication of demand for investment products linked to individual cryptocurrencies. Rather than purchasing LINK directly, investors can use the ETF structure to gain exposure through a more familiar traditional investment vehicle.


Additionally, the inflows arrived across several days instead of a single large allocation, suggesting participation came through repeated investment activity. However, the weekly figure remains relatively small compared with investment products tracking larger cryptocurrencies such as Bitcoin and Ethereum.


Its importance lies instead in the demand recorded during broader market weakness, when investors have remained selective about cryptocurrency exposure. Chainlink’s infrastructure utility also gives investors another factor to consider beyond movements in LINK’s market price during volatile trading periods.


The network helps deliver external information to blockchain applications while supporting communication between digital networks and established financial infrastructure. Hence, institutional investors assessing blockchain adoption may view Chainlink differently from assets driven mainly by speculative demand and market momentum.


LINK Outperforms Major Cryptocurrencies

Investor interest in Bitwise’s product has also coincided with LINK outperforming several major cryptocurrencies during the broader market downturn. LINK gained approximately 13.48% over the past week, placing it among the strongest performers within the top 15 cryptocurrencies.


Meanwhile, several other leading digital assets recorded losses or posted comparatively modest gains below 4% during the same period. The performance gap has strengthened LINK’s position within a market where investors have faced persistent volatility and uneven price movements.


Significantly, stronger price performance provides additional context for the institutional participation highlighted by Horsley, although ETF demand remains relatively modest. Bitwise’s reported flows nevertheless show that investors maintained interest in Chainlink while broader cryptocurrency conditions remained difficult.


Furthermore, Horsley’s comments suggest investors are examining Chainlink’s underlying infrastructure alongside its performance when considering exposure through traditional investment products.


Conclusion

Chainlink’s combination of ETF inflows and relative market strength has placed the asset among cryptocurrencies drawing increased institutional attention. Bitwise’s $1.5 million weekly inflow provides measurable evidence of that interest, while LINK’s 13.48% gain strengthens the broader investment narrative. Horsley’s assessment also highlights Chainlink’s infrastructure utility as another factor shaping how institutional investors evaluate the digital asset.


Also Read: 5 Best Cryptocurrencies to Invest in Right Now


The post Bitwise CEO Sees Growing Chainlink Interest as ETF Draws $1.5 Million appeared first on 36Crypto.

2h ago
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