Strong first-day inflows for the new Chainlink ETF spark fresh interest in regulated altcoin access.
LINK gains momentum as whale accumulation and technical levels hint at improving bullish pressure.
The Grayscale Chainlink Trust ETF ($GLNK) began trading on NYSE Arca on Tuesday. It recorded an estimated $41.5 million in first-day inflows, placing it among the strongest starts for a crypto ETF beyond Bitcoin or Ethereum. Data from SoSoValue showed that the ETF held $67.55 million in net assets by December 3, with trading volume reaching $13 million.
Grayscale converted its pre-existing Chainlink Trust, which began in February 2021, into this ETF format to give institutional investors regulated access to LINK. This shift allows access to tokens through regular accounts instead of relying only on direct crypto purchases.
Bloomberg’s senior ETF analyst Eric Balchunas remarked on the opening day performance, stating,
“$41m in first day flows. Another insta-hit from the crypto wor
We współpracy z: https://www.crypto-news-flash.com/chainlink-etf-launch-attracts-41m/?utm_source=rss&utm_medium=rss&utm_campaign=chainlink-etf-launch-attracts-41m
