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Chainlink ETFs See $1.06M Outflow After Four Flat Days

BSCN avatar BSCN
1 min read
Chainlink ETFs See $1.06M Outflow After Four Flat Days

Spot Chainlink exchange-traded funds in the United States recorded net withdrawals of $1.06 million on November 6, ending a streak of four sessions with no movement. All of the outflow came from the Grayscale Chainlink Trust ETF, while the Bitwise product saw no activity. The two funds together hold $189.55 million in assets, representing 2.29% of the token's total market value.

The withdrawals occurred during a difficult week for digital assets. Chainlink dropped 8.21% to $10.78, and Bitcoin ETFs also saw significant outflows of $411.9 million on the same day. Zcash funds were the only altcoin products to attract new money that session.

Read the full story on BSC News: Chainlink Spot ETFs Record $1.06 Million Net Outflow on November 6, Led by Grayscale GLNK

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