Bitcoin ETF Inflows Are Overhyped—Here’s What Actually Drives Price
It’s February 2026. Bitcoin ETFs have been live for exactly two years. And every single day, without fail, crypto Twitter obsesses over the same thing: “BlackRock bought 5,000 BTC today!” “Grayscale outflows are slowing!” “Fidelity net inflows: $200M!” Cue the rocket emojis. Cue the “$100K incoming” takes. Cue the “institutions are here” narratives. But here’s … Read more