US-listed spot Chainlink exchange-traded funds recorded net outflows of $1.77 million on October 30, according to SoSoValue data reported by TokenPost. The figure is a record for a single day
US-listed spot Chainlink exchange-traded funds recorded net outflows of $1.77 million on October 30, according to SoSoValue data reported by TokenPost. The figure is a record for a single day, the largest daily withdrawal since the products began trading, based on data from the issuers and trackers cited below. The move broke a quiet stretch for $LINK funds and comes as the token has sold off through October.
Chainlink spot ETFs posted $1.77 million in net outflows after nine consecutive sessions without net flows, and Grayscale's GLNK accounted for all withdrawals across the two funds. XRP, SOL, LINK and ZEC spot ETFs all recorded net outflows that day, led by $10.74 million withdrawn from SOL funds.
Two US spot Chainlink funds currently trade. They are the Grayscale Chainlink Trust ETF (GLNK), which began trading as an ETF on 2 December 2025, and the Bitwise Chainlink ETF (CLNK), which listed on 14 January 2026. GLNK was converted from a closed-end fund and brought in $37 million in net inflows on its first day, according to SoSoValue data cited by CoinDesk.
Demand for the funds faded well before Friday's outflow. The funds recorded no net flows for eight straight trading days, according to SoSoValue data cited by BeInCrypto. Total net assets fell to $209.5 million on October 28, from $249.4 million on September 28.
Price action has been weak as well. LINK shed 20.8% in October, according to BeInCrypto. CryptoRank data puts its median November return at -10.5%.
The latest outflow is small in dollar terms, and the funds have a record of resilience. In June, the spot Chainlink ETF market recorded its first net outflow after 203 consecutive days without a withdrawal. Cumulative net inflows since GLNK listed came to $154.0 million through 16 September 2026. The funds therefore continue to hold a meaningful stake in LINK's supply, although the recent pattern points to weaker new buying.
Whether flows recover will likely depend on LINK's price and broader appetite for altcoin ETFs, which have seen uneven demand in recent weeks.
TokenPost: Altcoin spot ETF flows on October 30
