Chainlink ETF inflows turn positive again after quiet September start

Chainlink ETF inflows turned positive again this week, breaking a quiet stretch that had defined the start of September for the two U.S.-listed funds tracking the token. The move came alongside a separate signal from on-chain data: network activity across Chainlink has stayed well above where it stood in early August, even as some of that late-summer surge has cooled off. Together, the two data points are giving traders a fresh reason to watch LINK heading into the back half of the month.

Key takeaways

• Chainlink ETF products recorded $1.09 million in net inflows on Sept. 9, the first positive September session, lifting cumulative inflows to $147.49 million, according to SoSoValue.
• Total net assets across the two listed Chainlink ETFs reached $181.76 million, with Grayscale’s GLNK holding about $136.41 million and Bitwise’s fund holding roughly $45.36 million.
• Santiment data shows new wallet creation and active Chainlink addresses remain elevated above early August levels, even after retreating from late-August peaks.
• Chainlink’s active-address growth outpaced Solana’s 7.5% increase and Ethereum’s 5.2% gain over the same stretch.
• Analyst 6epuk points to a multi-year bullish continuation pattern in LINK’s chart that could set up a breakout.