Bitwise: Bitcoin's Trading Price is Nearly 40% Below Its Model's Fair Value

Bitcoin's Valuation Significantly Undervalued

According to a report by Bitwise, Bitcoin's current trading price is nearly 40% below the fair value calculated based on its ETP fund flow model. This gap suggests that Bitcoin may be undervalued by the market.

The Importance of Fund Inflows

If global ETP fund inflows recover, Bitcoin's price could adjust upwards. Analysts note that this potential inflow could be a key factor driving price recovery.

• Bitcoin's current trading price is significantly below the model-predicted fair value
• Recovery in fund inflows may push prices higher
• The market underestimates Bitcoin's potential value