Chainlink spot ETF launches tomorrow, and the strong performance of LINK is driven by continuous inflows of institutional funds.

Bitwise’s approved Chainlink spot ETF (CLNK) will begin trading on the NYSE Arca platform on January 15. This is not only another step in the institutionalization of crypto assets but also marks Chainlink, as a leading oracle project, officially entering the traditional financial sector. Meanwhile, LINK has risen 5.71% in the past 24 hours, maintaining a market cap that ranks in the top 13 among cryptocurrencies. This performance reflects market anticipation for the launch of this ETF.

Why Chainlink is Worth Watching

Project Fundamentals

Chainlink, launched in 2017, is a veteran oracle project playing a key role in the crypto ecosystem. Currently, the circulating supply of LINK is 708 million tokens, with a total supply of 1 billion, and 70.81% has been circulated. It ranks 13th in market cap, a position that underscores its importance among crypto assets.

Recent Price Performance

LINK’s performance has been noteworthy. As of now, the price is $13.99, up 5.71% in the past 24 hours and 2.20% over the past 7 days. While not a meteoric rise, this indicates a steady upward trend. The 24-hour trading volume reached $639 million, showing high market engagement.

The True Significance of the ETF Launch

Traditional Capital Entry Channel

The approval and launch of the Chainlink spot ETF signifies that this crypto asset has officially been integrated into the traditional financial system. For institutional investors, entering via an ETF is much simpler than directly purchasing crypto assets, significantly lowering the entry barrier.

Bitwise’s Strategic Ambitions

According to the latest news, Bitwise has launched multiple crypto spot ETF products in recent months:

Bitwise is becoming a major player in the crypto ETF space, aiming to cover mainstream crypto assets and provide standardized entry tools for traditional investors.

Continued Signals from Institutional Funds

From related news, it’s clear that institutional interest in crypto spot ETFs continues to grow. On January 12, Solana spot ETF saw a single-day net inflow of $10.67 million, with Bitwise SOL ETF accounting for $8.56 million of that. This sustained capital inflow is not just short-term hype but indicates strategic positioning by institutions.

Notably, according to Bitwise’s latest survey, 99% of advisors who have allocated crypto assets in client accounts plan to maintain or increase their exposure by 2026. This suggests that institutional attitudes toward crypto assets have shifted from experimentation to routine allocation.

Future Outlook

The launch of the Chainlink spot ETF is expected to attract some institutional attention. While the exact scale of capital inflows cannot be predicted precisely, the performance of other Bitwise ETF products shows that institutional demand for mainstream crypto assets is real.

Furthermore, as more crypto ETF products are approved and launched, overall market liquidity and acceptance are increasing. This could support the medium- to long-term performance of assets like LINK.

Summary

The launch of the Chainlink spot ETF tomorrow marks another milestone for crypto assets entering mainstream finance. Recent market performance and investor demand indicate positive expectations for this product. Bitwise’s intensive deployment suggests that traditional capital is gradually opening the door, which is a positive signal for the entire crypto ecosystem. The key question is whether this wave of capital inflow can be sustained and how it will impact LINK’s long-term price trajectory.