US Bitcoin spot ETF weekly inflow turns positive, Coinbase premium narrows

CryptoQuant analyst Axel Adler Jr. stated that the weekly net inflow of US spot Bitcoin ETFs has recovered to $439 million, marking the first positive value since May. The Coinbase premium index narrowed to -0.042, up about 80% from its February low. The overall ETF group still has a loss of 22%, with an average cost base of about $84714. Currently, BTC is around $66110. If the price rebounds to this level, some holders may leave and form selling pressure.