Spot Chainlink ETFs lost 397,256 USD on October 16: What it means for the Chainlink price

Published on 10/27/2026 at 18:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Korea's digital asset market totals 68 billion USD. The Chainlink price is 11.58 USD on October 27, 2026, down 4.04 percent.

ETF flows and network data

U.S. spot LINK funds recorded a 397,256 USD net outflow on October 16, 2026.
LG CNS and Chainlink addressed Korea's 68 billion USD digital asset market on October 22, 2026.
The Chainlink price stands at 11.58 USD as of October 27, 2026, 4.04 percent below the UTC daily close of October 26, 2026.
Korean stablecoin infrastructure could reach more than 11 million eligible users under the partnership.

Chainlink, XCRYPTOLINK2, Illustration mit AI erstellt.

Chainlink (LINK) spot ETFs recorded a net outflow of 397,256 USD on October 16, 2026. TokenPost reported that Bitwise's CLNK fund received 1.56 million USD while Grayscale's GLNK fund lost 1.96 million USD. The Chainlink price is 11.58 USD as of October 27, 2026, down 4.04 percent compared with the UTC daily close of October 26, 2026.

LG CNS targets Korea's 68 billion USD market

Chainlink and LG CNS entered a strategic partnership on October 22, 2026, covering oracle infrastructure, cross-chain connectivity and technical standards for Korean digital assets, according to PR Newswire. An oracle connects blockchain applications with external data and systems. The announcement describes Korea's digital asset market as worth 68 billion USD and says more than 11 million eligible users are part of the Korean stablecoin market.

LG CNS is the lead contractor for Project Hangang, the Bank of Korea's digital currency initiative, according to the same announcement. The partnership brings Chainlink's data, cross-chain and orchestration tools into LG CNS's digital asset platform solution for institutional users.

OpenZeppelin embeds CCIP and ACE tools

On October 20, 2026, OpenZeppelin announced that it had embedded Chainlink's Cross-Chain Interoperability Protocol, or CCIP, and Automated Compliance Engine, or ACE, into its tooling, according to OpenZeppelin. CCIP supports token and data transfers between blockchains, while ACE adds programmable compliance policies. The partners said three institutional reference solutions are planned over the coming months.

Spot LINK funds show a mixed flow record

The October 16, 2026 outflow followed a 12,157 USD net inflow on October 15, 2026, according to TokenPost. Cumulative net inflows stood at 179.63 million USD, while total net assets were 222.78 million USD on October 16, 2026. The flow figures cover exchange-traded funds that hold LINK and do not describe direct token transactions.

LINK trades at 11.58 USD on October 27

According to Investing.com, LINK trades at 11.58 USD as of October 27, 2026, down 4.04 percent compared with the UTC daily close of October 26, 2026. The daily high is 11.909 USD and the daily low (UTC day) is 11.524 USD. Market capitalization is 8.66 billion USD, ranking Chainlink 13th, and 24-hour volume is 202.36 million USD. The circulating supply is 748.10 million LINK. The Chainlink price remains the market reference for the figures in this report.