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Spot Chainlink ETFs Hold 1.6% of LINK Supply as Grayscale Fund Nears $93 Million AUM

Grayscale’s $LINK ETF posted $533,000 in inflows on May 6, while Chainlink says its oracle network (blockchain data delivery system) has reached $30 trillion in total transaction value.

LINK

Summary

Spot exchange-traded funds tied to Chainlink now hold 1.6% of the token’s circulating supply, according to the provided update. The same update says Grayscale’s $LINK ETF recorded $533,000 in inflows on May 6, pushing assets under management to nearly $93 million. It also states that Chainlink’s oracle network (blockchain data delivery system) has reached $30 trillion in total transaction value, a metric commonly used to show how much economic activity has relied on its infrastructure. Together, the figures point to growing institutional-style exposure to LINK and continued usage of Chainlink technology across blockchain-based applications.

Terms & Concepts
  • Spot ETF: An exchange-traded fund that holds the underlying asset directly, giving investors market exposure without having to custody the token themselves.
  • Oracle network: A blockchain data delivery system that feeds external information, such as prices or event data, into smart contracts (self-executing blockchain code).
  • Assets under management: The total market value of assets overseen by a fund, often used to gauge the size and investor traction of an investment product.