The two US spot funds on Chainlink took in $9.48 million on October 9. That is the first inflow after five trading days on which the figure read exactly zero. The entire amount went to a single provider, Grayscale's GLNK fund; at Bitwise's CLNK fund nothing moved. The figures come from the fund data service SoSoValue, on which trade coverage of these products relies throughout.
For you in Germany this report carries a catch that most news briefs leave out: you cannot buy these two funds. The products are set up under US law, not under the European UCITS directive, and there is no key information document for them under the PRIIP regulation. A German broker is therefore not allowed to offer them to retail clients. What reaches you is only the price, which this demand helps to move. What you choose yourself is a different route, and in the end more money hangs on that than on a single day's inflow.
LINK was quoted at $13.07 on Saturday evening, 2.11 percent above its level of 24 hours earlier, with a daily range between $12.71 and $13.23 (CoinGecko, as of the evening of October 10). Market capitalisation stands at around $10.0 billion.
English (US)