Svmuu News: As of July 7–8, 2026, the Coinbase Bitcoin Premium Index has remained negative for 50 consecutive days, marking the longest negative streak on record for this metric. The latest reading is approximately -0.0742%, indicating that the price of Bitcoin on the U.S. trading platform Coinbase is lower than that of Binance. This index compares the Bitcoin prices of Coinbase and Binance. A negative reading typically indicates that demand from U.S. buyers is weaker than demand in the broader international market; this current negative streak began on May 19, 2026, and has already surpassed the previous record of 40 consecutive days of negative readings.
As of early July 2026, the U.S. spot Bitcoin ETF had recorded year-to-date net outflows of approximately $6 billion. In late June, the U.S. spot Bitcoin ETF saw outflows exceeding $2.6 billion over nine trading days, followed by combined inflows of $282 million into the Bitcoin and Ethereum ETFs.
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Coinbase Bitcoin Binance has been trading at a discount for 50 consecutive days, setting a new record.
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