Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Grayscale Increases Chainlink Holdings Amid Price Drop, Shows Confidence in DeFi’s Prospects

Grayscale Increases Chainlink Holdings Amid Price Drop, Shows Confidence in DeFi’s Prospects

Bitget-RWA2025/11/20 10:56
By:Bitget-RWA

- Grayscale surged LINK holdings to 1.3M tokens, quadrupling over two years despite 50% price drop, signaling long-term DeFi infrastructure bet. - Price decline pushed LINK to critical support level with low Exchange Supply Ratio, suggesting potential stabilization and buying opportunities. - Research highlights Chainlink's role in securing dApps and enabling tokenized assets, with major banks like UBS already adopting its infrastructure. - Grayscale filed a spot LINK ETF (GLNK) for December 2025 launch, m

Grayscale Investments' portfolio in

(LINK) , even as the token's value dropped by 50% from its previous quarterly high. The company's increasing trust in Chainlink's future prospects has been over the last two years, now totaling 1.3 million tokens, according to CoinGlass. This accumulation highlights Grayscale's strategic commitment to Chainlink as a core infrastructure for decentralized finance (DeFi) and asset tokenization, despite ongoing market turbulence.

The recent price drop,

, has sent back to a crucial support zone that has played a key role over the past two years. Experts believe this area could offer attractive entry points for buyers, as the token’s Exchange Supply Ratio—which tracks exchange balances as a share of total supply— . This metric often indicates less selling pressure and the possibility of price stabilization. Grayscale’s research publication, The LINK Between Worlds, between blockchain-based applications and external systems, a feature that is becoming increasingly essential for compliance and interoperability across blockchains.

Grayscale Increases Chainlink Holdings Amid Price Drop, Shows Confidence in DeFi’s Prospects image 0
Zach Pandl, who leads research at Grayscale, , which currently make up only 0.01% of the total capitalization of global equity and bond markets. The report is consistent with Grayscale’s latest regulatory moves, including a spot LINK ETF proposal (GLNK) filed with the U.S. Securities and Exchange Commission (SEC). The company , aiming for a launch on December 2, 2025. This step follows Bitwise’s Chainlink ETF (CLNK), which was listed on the Depository Trust and Clearing Corporation (DTCC) platform, reflecting rising institutional interest in the asset.

Grayscale’s optimistic outlook stands in contrast to LINK’s recent price action, which has mirrored the broader downturn in the crypto market. Nevertheless, the company’s research stresses Chainlink’s distinct role in securing decentralized applications (dApps) and supporting enterprise-level adoption.

, that leading financial firms such as Mastercard and UBS have already adopted Chainlink’s infrastructure. The increasing appetite for tokenized assets, together with Chainlink’s middleware solutions, positions the network to benefit from the growing DeFi sector.

Market analysts observe that Grayscale’s accumulation strategy is similar to its approach with

and , where long-term holding and regulatory involvement have historically strengthened investor trust. Although LINK’s price remains below its all-time high, the company’s research and ETF initiatives are designed to cement the token’s place in the digital asset ecosystem. The success of the GLNK ETF could further affirm Chainlink’s value as infrastructure, .

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin News Update: Japan's Bond Turmoil Triggers Worldwide Crypto Sell-Off Amid Yen Carry Trade Reversal

- Japan's $135.4B stimulus package triggered a 3.41% surge in 30-year bond yields, destabilizing the $20T yen carry trade and sparking global crypto/stock selloffs. - Rising yields threaten Japan's 230% GDP debt load with higher servicing costs, creating a "debt death spiral" risk as BOJ hesitates to tighten policy. - Forced deleveraging by financial institutions intensified Bitcoin's 26% drop, with Ethereum/XRP/Solana also falling 3-5.6% amid margin calls and capital repatriation. - Upcoming 40-year bond

Bitget-RWA2025/11/21 07:50
Bitcoin News Update: Japan's Bond Turmoil Triggers Worldwide Crypto Sell-Off Amid Yen Carry Trade Reversal

Bitcoin News Today: Bitcoin ETFs See $523M Outflow as Investors Weigh Fear Against Long-Term Strategies

- BlackRock's IBIT ETF recorded a $1.26B net outflow in Nov 2025, its largest redemption since 2024 launch. - Bitcoin price fell 16% to $52, triggering $2.59B outflows across 11 spot ETFs as bearish options demand surged. - Put-call skew hit 3.1% (7-month high), reflecting heightened pessimism and capitulation pressures in Bitcoin's price action. - Gold ETFs gained $289M as investors sought safe havens, contrasting with $1B inflows to tech/healthcare sector funds. - Year-to-date Bitcoin ETF inflows ($27.4B

Bitget-RWA2025/11/21 07:50
Bitcoin News Today: Bitcoin ETFs See $523M Outflow as Investors Weigh Fear Against Long-Term Strategies

YFI Drops 1.7% After Subpar Weekly Results as Edgewater Showcases AI-Powered Wi-Fi at Canada’s Leading Semiconductor Conference

- Edgewater Wireless will showcase AI-powered Wi-Fi 8 solutions at Canada’s premier semiconductor symposium in November 2025. - The company’s CEO will highlight ultra-reliable wireless roadmaps and a $2.4M commercialization initiative supported by $921K in government grants. - Its patented Spectrum Slicing technology claims 10x performance gains and 50% latency reduction, aligning with Canada’s semiconductor self-sufficiency goals. - Despite a 11.85% monthly stock decline, Edgewater positions itself at the

Bitget-RWA2025/11/21 07:46
YFI Drops 1.7% After Subpar Weekly Results as Edgewater Showcases AI-Powered Wi-Fi at Canada’s Leading Semiconductor Conference

Ethereum Updates Today: Ethereum Transforms into Digital Bonds, Soaring Above $3,000 Driven by Institutional Interest

- Ethereum surged past $3,000 in late 2025 driven by institutional demand, ETF approvals, and technical upgrades like the Fusaka upgrade. - BlackRock's staked Ethereum ETF attracted $13.1B inflows since 2024, reclassifying staked ETH as "digital bonds" for institutional investors. - Over 69 corporations now hold 4.1M ETH in treasuries, but ETF outflows highlight ongoing market differentiation from Bitcoin . - Fusaka's focus on layer-1 scalability aims to redirect economic activity to Ethereum's base layer

Bitget-RWA2025/11/21 07:28