Bitcoin News Update: Ongoing Withdrawal of U.S. Institutions Drives Bitcoin Premium to 25 Consecutive Days in the Red
- Coinbase's Bitcoin premium index hits 25-day negative streak (-0.0509% as of Nov 2025), reflecting U.S. selling pressure and ETF outflows. - BlackRock's IBIT sees $523M single-day redemptions, part of $3.79B monthly exodus from U.S. Bitcoin ETFs, exacerbating market weakness. - Bitcoin falls 36% from October peak to $84,000, while Coinbase acquires Solana-based Vector to expand DEX offerings amid market turmoil. - Analysts debate implications: $238M ETF inflow seen as potential capitulation, but structur
The
To illustrate the situation,
The negative premium has been worsened by unprecedented outflows from Bitcoin ETFs, especially BlackRock’s
Coinbase’s challenges go beyond the premium index. The platform recently
Analysts remain split on what the negative premium means for the market. Some interpret the recent $238.4 million inflow into Bitcoin ETFs on November 22 as a possible capitulation event, similar to patterns seen at previous market bottoms.
The weekend break in trading has brought some short-term relief, with the premium showing signs of mean reversion as ETF activity slows. However, selling pressure quickly returns during the week, highlighting the influence of U.S. institutional flows on Bitcoin’s short-term direction.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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