Chainlink ETF Sees Zero Outflows — Yet LINK Keeps Falling
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Grayscale’s Chainlink ETF has quietly become one of the strongest-performing altcoin ETFs by flow consistency. Since launching on December 2, the fund has recorded $54.69 million in net inflows without a single outflow, a rare signal of sustained institutional demand.
Even as Bitcoin and Ethereum ETFs saw hundreds of millions exit the market in mid-December, the Chainlink ETF held steady. On-chain data backs this up: the top 100 LINK wallets have accumulated over 20 million tokens since November.
Yet LINK’s price continues to slide — highlighting a growing disconnect between market structure and short-term price action.