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Chainlink News: ETF funds return, Bitwise continues to add positions LINK

2026-07-11 17:11:09
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Chainlink once again flashed a bullish signal, and institutions quietly laid out

While the crypto market as a whole remains cautious, institutional investors seem to have begun to take action. Bitwise has purchased more than US$2 million in LINK in four weeks, the spot Chainlink ETF has resumed net inflows, and the continued adoption of the cross-chain interoperability protocol CCIP continues to enhance the long-term value of the network. With buyers actively guarding key demand areas, LINK has once again become one of the most watched altcoins in the market.

Bitwise continues to increase its purchase of LINK

institutional funds and continues to accumulate, which is the most powerful catalyst in the current Chainlink news. According to the latest online wallet data, Bitwise bought another 72,774 LINKS worth approximately US$570,000, bringing its total purchases in the past month to more than US$2 million. In the past four weeks, Bitwise has purchased LINK worth more than $2 million on behalf of customers. The latest transaction occurred 27 minutes ago and has a total value of more than $570,000. Currently, the total number of LINKS held by Bitwise has exceeded 2.875 million.

Unlike short-term speculative buying, Bitwise continues to accumulate LINK steadily over several weeks. This strategy often reflects long-term confidence rather than chasing short-term trends, further confirming that institutional investors still regard Chainlink as one of the most powerful infrastructure projects in the crypto space.

Cash Chainlink ETF inflows show recovery in institutional demand

Institutional sentiment has also improved at the investment product level. Spot Chainlink ETF products have recorded net inflows for two consecutive days, with the most recent inflow of approximately US$570,000. Although ETF\'s performance has cooled down compared with the weeks immediately after its launch at the end of 2025, there are only a handful of trading days in which funds have flowed out of the product, indicating that institutional demand remains solid. ETFs are returning to capital flows, providing additional support for LINK\'s recovery and showing that professional investors are continuing to accumulate chips during market consolidation.

Ecosystem continues to expand, CCIP adoption increases network value

In addition to institutional buying, Chainlink\'s ecosystem also continues to expand. Recently, more and more protocols have integrated Chainlink\'s cross-chain interoperability protocol CCIP, further consolidating its position as a leading infrastructure provider in decentralized finance and tokenized real-world assets. As more protocols adopt CCIP for secure cross-chain information transfer, the actual utility of the network continues to grow, creating a stronger long-term demand foundation for LINK. Unlike many altcoins that rely solely on market sentiment, Chainlink\'s latest rise is being supported by an ever-expanding number of practical application scenarios.

LINK Price Analysis: Long Targets Break Through US$9 Barrier

After months of weakness, LINK prices have begun to stabilize. The token continues to gain support in the demand area of $7.70 to $7.90, where buyers have sold multiple times in the past few weeks. Holding on to this support allowed LINK to stand back at the US$8 mark, indicating that short momentum is gradually weakening. The next major resistance level is in the $8.80 to $9.20 range. If we can decisively break through this resistance zone, it is expected to open the door to the psychological barrier of $10, and continued buying pressure may eventually point the target at $12. However, if LINK prices fall short of current support, bears could regain control, delaying the broader recovery process.

Can Chainlink lead the next round of altcoins rise?

The latest Chainlink news shows that even before retail funds return, institutional confidence is growing. The steady accumulation of Bitwise, continuous inflows of funds from ETFs, the expansion of CCIP adoption and improved price structures are converging to form one of LINK\'s strongest bullish patterns in recent months. If institutional demand can continue to grow as market sentiment improves, Chainlink is expected to become one of the first large-cap altcoins to start recovery in the next stage of the crypto market rebound.

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