63%
No
▼ 4 pts in 24 h
- No ▼4 63%
- Yes ▲4 37%
No, last 16 days
product
Grayscale expands LINK holdings as Bitwise files ETF: Can Chainlink reclaim $15.80?
0Importance
closedStatus
2News media
2Pieces
- Published
- Updated
- Since then
- 2 new reports
Grayscale’s Chainlink ETF added a $2.36 million LINK transaction in September, bringing the month’s total to at least 629,100 LINK valued at about $8.37 million. Around the same period, Bitwise filed for a Chainlink ETF, and one filing described a framework that could allow staking in the future.
Key claims & sources
✓
Grayscale’s Chainlink ETF received 159,480 LINK from Coinbase Prime in a $2.36 million transaction.
✓
That September activity brought the fund’s monthly LINK purchases to at least 629,100 tokens, worth about $8.37 million.
✓
Bitwise filed for a Chainlink ETF.
✓
The Bitwise prospectus included a framework that could allow staking later on.
What it means
Chainlink users and market watchers would see more institutional product activity around the token, with Grayscale adding to its LINK holdings in September and Bitwise entering the ETF process. That means LINK was being packaged in more than one fund structure at the same time, while Chainlink also tested its yearly high in the same period.
In practice, the ETF setup now already includes repeated LINK acquisitions by Grayscale, and the Bitwise filing shows a possible path for staking to be included in a future version of a Chainlink product. What stays the same is that the Bitwise product is still only filed for, not described as live in these details, and the Grayscale figures remain tied to the September transactions already reported.
Market reaction i
-1.8%
2 h before
-0.3%
4 h after
$14.44price at publication
12data points
The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
first
AMBCrypto
scoop
Sep 30 12:00
AMBCrypto
scoop
Breaks the event
+6 h 4 m
Crypto Economy
adds
Sep 30 18:04
Crypto Economy
adds
Adds $8.4M and $2.4M
Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 38 days ago | CCIP 2.0 Goes Live With $84B in Cross-Chain Value Secured event | 1 actors in common · 3 news media |
| 39 days ago | Chainlink launches CCIP 2.0 to give big crypto apps more control over their security - CoinDesk event | 1 actors in common · 7 news media |
| 41 days ago | Bitwise And Vise Bring Crypto Model Portfolios To Financial Advisors event | 1 actors in common · 3 news media |
| 42 days ago | Aave V4 on Base adds Coinbase tokenized stocks as collateral for USDC loans event | 1 actors in common · 11 news media |
| 42 days ago | Lighter falls 11% after Bitwise’s LIT ETP launch – But there’s a catch! event | 1 actors in common · 2 news media |