Crypto ETF Selling Hits Bitcoin as Chainlink Records $1.47M Inflows

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U.S. spot Bitcoin ETFs recorded net outflows of 917 BTC worth about $57.63 million, raising questions about near-term institutional demand. Meanwhile, crypto ETF products accumulated 163,280 LINK worth roughly $1.47 million, showing that institutional interest remains active across selected digital assets despite Bitcoin’s weaker flows.

What to Know

  • Bitcoin ETFs recorded a net outflow of 917 BTC worth approximately $57.63 million.
  • Chainlink ETF products saw inflows of 163,280 LINK valued at around $1.47 million.
  • Bitcoin’s ETF selling pressure highlights weakening institutional demand amid cautious market sentiment.
Crypto ETF

The crypto ETF market has experienced a definitive change in position, as the funds for Bitcoin have witnessed a net outflow of 917 BTC valued at roughly $57.63 million. U.S. spot Bitcoin ETFs, which are held by large companies like BlackRock and Fidelity, have seen a decrease in their position.

The most recent outflow is especially significant because it consists of more than two days’ worth of new Bitcoin mining. This has left some wondering if institutional interest in Bitcoin is waning.

Despite the fact that Bitcoin ETFs have been registering outflows, Chainlink has been registering the opposite trend. According to recent statistics, Crypto ETF products have purchased 163,280 LINK, which amounts to about $1.47 million.

Source: Crypto Patel’s X Post

The positive flow into Chainlink is an indication of growing institutional demand for the token despite the fact that Bitcoin has been experiencing lower demand via ETF products.

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Bitcoin Supply Remains a Key Factor

Outflows from the recent Crypto ETF are creating yet another factor that is affecting the supply of Bitcoin at present. The fact that more Bitcoin is still being withdrawn from exchanges can result in a reduction of the supply of BTC in circulation.

Considering the fact that Bitcoin is currently trading at around $62,969, the two supply factors can be vital in determining what happens next in the markets.

BTC price chart
Source: CoinMarketCap

Market Watches Crypto ETF Activity

Market sentiment is still in the Fear regime, which makes the flow of crypto ETFs a crucial metric for investors. Any further outflow of Bitcoin can amplify fears of demand for the coin in the short term, while a return to inflow will likely boost investor sentiment.

For now, Bitcoin finds itself in a tug-of-war between institutional selling pressure and decreasing liquidity. At the same time, positive Chainlink ETF inflows indicate that institutions have not abandoned the crypto space entirely.

Also Read | StablecoinX Reports $232.6M Assets and 3B ENA in Q2 2026

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Zagham Abbas

Zagham Abbas

Zagham Abbas is a Blockchain Infrastructure Reporter at Tron Weekly with over five years of experience covering cryptocurrency markets, blockchain infrastructure, and digital asset regulation. His reporting focuses on core blockchain networks, protocol-level developments, decentralized finance ecosystems, and major assets such as Bitcoin, Ethereum, and altcoins.
Zagham covers network upgrades, protocol changes, scalability developments, security incidents, and ecosystem adoption across leading blockchain platforms. He also provides market analysis, explaining how infrastructure updates and regulatory actions impact digital asset markets. His work delivers clear, fact-based reporting for both beginners and experienced readers. He holds a Bachelor of Arts degree and follows strict editorial and fact-checking standards at Tron Weekly.

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