Zach Rynes: NYSE-listed LINK ETFs accumulate nearly 1.5 percent of circulating supply

Zach Rynes: NYSE-listed LINK ETFs accumulate nearly 1.5 percent of circulating supply
NYSE LINK ETFs gather $100 million inflows

NYSE-listed LINK exchange-traded funds have accumulated nearly 1.5 percent of the circulating supply since their launch in December, according to Zach Rynes. The ETFs have seen around $100 million in total net inflows during this period, with no single day of net outflows.

Grayscale GLNK currently holds 8,274,353 LINK, while Bitwise CLNK has 1,748,050 LINK.

Rynes previously reported that Swift continued its collaboration with Chainlink to explore blockchain interoperability, a move that drew interest from digital asset communities earlier this year. In a separate analysis, he said the XRP community did not fully assess the competitive landscape as it reacted to industry developments at the time. These observations have coincided with rising inflows into LINK investment products.

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