Bitwise Chainlink ETF Adds $10 Million as Net Assets Fall to $229.38 Million

The Bitwise Chainlink ETF drew about $10 million in inflows over two days while its net assets fell to $229.38 million, showing how a decline in Chainlink (LINK) can outweigh new money entering a fund. The ETF's net assets dropped from $249.41 million to $229.38 million over the period as LINK's price fell. Cumulative net inflows stood at about $179.61 million. The figures measure different things: inflows track money added to the fund, while net assets reflect the current value of its holdings. Bitwise also received a $1.17 million LINK transfer from market maker Wintermute.

Also reported by CoinTurk News.

Source: TokenPost