Chainlink ETFs attract $62M inflows with zero redemptions as SEC designates LINK a digital commodity
Chainlink-linked exchange-traded funds have logged $62 million in cumulative inflows since December with no outflow days, Grayscale disclosed. Bitwise's CLNK fund now trades on NYSE Arca, and the two vehicles together hold over 1.16% of total LINK supply. The SEC stated yesterday that most crypto assets are not securities and identified LINK as a digital commodity. CME futures on LINK are live, and the two regulated ETFs are keeping a portion of token supply off the open market.