Grayscale's GLNK ETF purchased another $2.38M in LINK tokens via Coinbase Prime, accumulating $12.12M over 18 days.

Macro & Markets · 2026-09-11

Grayscale's GLNK ETF took delivery of 203.81K LINK tokens valued at approximately $2.38M from Coinbase Prime, according to on-chain monitoring. The transaction represents the latest in a series of acquisitions by the ETF over an 18-day period.

Since the beginning of the accumulation window, GLNK has received a total of 1.05M LINK tokens valued at roughly $12.12M. The tokens were transferred to the ETF's address on the blockchain, suggesting continued institutional buying activity in Chainlink.

The pattern of regular inflows into Grayscale's LINK-focused product signals sustained demand from the fund, though the broader market impact and whether this accumulation will accelerate or continue remain to be seen.

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