Is Chainlink aiming for dominance in the DeFi sector? Assessing $70 billions TVS, ETF inflows, and more...
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According to CoinWorld, despite increased on-chain activity and record daily trading volumes following Ethereum's Fuska and Pecta upgrades, institutional capital remains on the sidelines, with Ethereum spot ETFs experiencing a $52 million outflow. In contrast, Chainlink's Grayscale ETF attracted $4.05 million in inflows, even surpassing Dogecoin. This divergence coincides with Chainlink's integration into the Korean stablecoin market through GAKS and its total asset size reaching a record $70 billion, indicating that the inflows into its ETF are driven by fundamental factors such as privacy and compliance advantages, rather than short-term speculation.
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