Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Chainlink spot ETF had an impressive debut. Grayscale’s product attracted $42 million in inflows on its first day of trading on the NYSE, a figure that exceeded many expectations.



As another approved cryptocurrency spot ETF, this strong first-day performance has given the market a significant boost in confidence. Institutional interest in LINK has clearly increased, and the initial scale of $42 million ranks above average among similar products.

Notably, this ETF wave is gradually spreading from Bitcoin and Ethereum to other leading crypto assets. As the leader in the oracle sector, Chainlink securing a spot ETF ticket also, to some extent, validates institutional recognition of the value of DeFi infrastructure.
LINK-2.94%
BTC-1.67%
ETH-1.73%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
GhostInTheChainvip
· 23h ago
The leading oracle has finally reached this moment; the signal for institutions to buy the dip has arrived.
View OriginalReply0
NFTRegretDiaryvip
· 23h ago
42 million first-day inflow is definitely impressive, but this is just the appetizer; the real test is yet to come. Institutions entering the market is a good thing, but I’m just worried they’re here to pull the same tricks and fleece retail investors again. The oracle sector should have been recognized long ago. LINK’s ETF is a bit late to the game, but better late than never.
View OriginalReply0
Rugman_Walkingvip
· 23h ago
$42 million first-day inflow—now that's what I call real institutional recognition. LINK has finally waited for this day; it feels different when the oracle sector gets noticed. Grayscale’s move this time is quite high-level; it's about time oracles got a spot. With such obvious signals of institutional entry, will other sectors follow suit? The story of DeFi infrastructure is just beginning.
View OriginalReply0
WalletDoomsDayvip
· 23h ago
Institutions are really starting to get into oracles. LINK is showing some potential this time.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)