Key Insights:
- Chainlink ETF records its first September inflow, taking cumulative inflows to $147.49 million.
- LINK ETF activity remains in focus as total net assets reach $181.76 million.
- Chainlink network activity remains elevated as market analysts monitor a long-term bullish continuation pattern for LINK price.
Chainlink ETF recorded its first September inflow on Sept. 9. Meanwhile, Santiment data showed that new wallet creation and active addresses remain well above early August levels. The shift comes as analysts also watch a long-term LINK chart pattern that could support a fresh breakout in the weeks ahead.
Chainlink ETF Sees First September Inflow
Chainlink ETF recorded $1.09 million in net inflows on Sept. 9, according to data shown by SoSoValue. The latest figure lifted cumulative net inflows to $147.49 million, while total net assets reached $181.76 million.
The data also showed a total trading value of $7.59 million for the day. Grayscale’s GLNK held about $136.41 million in net assets, giving it the larger share of the two listed funds.
Bitwise’s Chainlink ETF had about $45.36 million in net assets. Both Chainlink ETF products have continued to provide investors with a regulated way to gain exposure to the asset in the market.
The September inflow is small compared with some of the stronger days recorded in August. The data shows $5.16 million entered the LINK ETF on Aug. 21, followed by $3.63 million on Aug. 20 and $2.68 million on Aug. 24. Still, the return of positive flows gives the Chainlink ETF market a data point after the quiet start to September.
Chainlink ETF Network Activity Holds Above August Levels
Alongside the ETF data, Santiment reported a clear rise in Chainlink network activity through late August. New addresses stood at about 974 per day in early August before climbing to a peak of 1,601. The figure has since eased to 1,140, meaning roughly one-quarter of the surge remains.
Active addresses followed a similar path. They rose from 3,599 to 5,572 at the peak and now sit around 4,821. Santiment said about two-thirds of the increase has been retained. That leaves Chainlink with higher activity than it had at the start of August, even after the late-month peak faded.
Over the same windows, Solana active addresses were up 7.5%, while Ethereum active addresses gained 5.2%. Santiment described the stronger Chainlink move as network-specific.
However, the figures do not show who is behind the activity or why they are using the network. A wallet can return after being inactive, or a smaller group of addresses can make transactions more often. Therefore, the rise in address counts points to stronger activity but does not prove a rise in unique users.
For investors watching Chainlink price, the network update adds another signal, while the Chainlink ETF flows offer a separate view of market demand.
LINK Bullish Continuation Pattern Draws Attention
The stronger network figures and new Chainlink ETF inflow come as traders continue to watch the long-term LINK chart. Crypto analyst 6epuk said the token appears to be forming a bullish continuation pattern that has been developing for more than six years.
According to the analysis, a breakout from that structure could trigger a major rally. The view does not guarantee a breakout, but it gives traders another level to watch as Chainlink price action develops.
At the time shown in the SoSoValue data, Chainlink price was listed at $11.87. That places attention on whether the recent network strength and renewed Chainlink ETF demand can translate into stronger market action.
For now, the picture is mixed but improving. Chainlink ETF has posted a fresh September inflow, network activity remains above early-August levels, and a long-running chart structure is drawing bullish attention. The next moves in ETF flows, wallet activity, and LINK price could show whether this strength can last.
