Bitwise research finds Bitcoin trading significantly below its fair value based on institutional inflows. ETF fund flows have overtaken on-chain activity as a leadingBitwise research finds Bitcoin trading significantly below its fair value based on institutional inflows. ETF fund flows have overtaken on-chain activity as a leading

Institutional Flows Drive Bitcoin Price Divergence, Bitwise Research Finds

2026/02/21 14:30
1 min read
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Bitwise research finds Bitcoin trading significantly below its fair value based on institutional inflows. ETF fund flows have overtaken on-chain activity as a leading indicator of Bitcoin’s market direction.

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