Spot exchange-traded funds tracking Chainlink ($LINK) and Polkadot ($DOT) ended the latest trading week with net outflows, as a broader market sell-off weighed on demand for altcoin products. Spot $LINK ETFs recorded outflows of $705.59K, while spot $DOT ETFs lost $99.35K.

The amounts are small in absolute terms. They add to signs of waning investor interest in major altcoins. Among altcoin ETFs, only the product tracking Avalanche (@Avax, $AVAX) finished the week in positive territory. Chainlink and Polkadot are also followed by @Chainlink and @Polkadot respectively.

Grayscale Fund Accounts for Chainlink Withdrawals

Two spot Chainlink ETFs trade in the US: the Grayscale Chainlink Trust ETF (GLNK) and the Bitwise Chainlink ETF (CLNK), according to CryptoTicker. Data from SoSoValue, published by TokenPost, shows the $705,591 outflow on November 13 came entirely from Grayscale's GLNK, following four consecutive trading days of zero net flows.

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The pattern marks a shift. Earlier in 2026, US spot Chainlink ETFs had recorded net inflows every week since December 2025, according to a report citing CryptoQuant data. Net assets across the Chainlink funds stood at about $189.55 million, or 2.29% of $LINK's market capitalisation as of November 6, per SoSoValue figures.

Polkadot Flows Thin, Avalanche Stands Out

Polkadot's ETF market has been largely inactive. TokenPost data showed the $DOT market recorded no net flows for 19 consecutive trading days up to November 11, with the 21Shares Polkadot ETF (TDOT) holding net assets of $8.61 million. The week's $99.35K outflow therefore ends a long flat stretch.

Weekly recap data from cryptoetf.today puts the market backdrop in context. Across all tracked crypto ETFs, net flows for November 9 to 13 totalled around negative $1.40 billion. The same recap shows $AVAX as the only asset with positive net flow, at $0.23M.

The Chainlink price has also been under pressure. CryptoTicker reported that $LINK lost 8.6 percent in the week to November 8. Altcoin ETF flows remain far smaller than those of Bitcoin products, but they offer a read on institutional appetite for individual tokens.

Sources

Crypto ETF Week, Nov 9 to 13, 2026 (cryptoetf.today)
Altcoin spot ETFs: Six markets post outflows (TokenPost, SoSoValue data)
Chainlink Reserve buys 94,500 $LINK as US ETFs see outflows (CryptoTicker)