On-chain data provider On-chain Lens reported that Grayscale's Chainlink (LINK) ETF received 159,480 LINK ($2.36 million) from Coinbase Prime approximately 5 hours ago. The deposit and withdrawal of LINK with the custodian, Coinbase Prime, may be part of the operational process, such as settlement (redemption) due to fund inflows and outflows in the US stock market the previous day. On-chain Lens analyzed that the ETF is estimated to have acquired an additional at least 629,100 LINK (approximately $8.37 million) so far this month.
