TREE NEWS reports: Grayscale’s GLNK ETF address (0xe33…0aA) received 203,810 LINK worth $2.38 million from Coinbase Prime minutes earlier. Over the past 18 days the ETF has accumulated 1.05 million LINK, valued at $12.12 million.
Grayscale GLNK ETF Receives 203,810 LINK Worth $2.38M from Coinbase Prime
The notable signal here is not the single transfer but the accumulation pattern: steady inflows into a Grayscale LINK vehicle suggest persistent demand through a traditional ETF wrapper rather than one-off speculative buying. That matters for LINK's market structure, since ETF-held supply is less likely to move on short-term sentiment. The open question is whether this pace continues, and whether other issuers follow with similar products.
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