Coinbase can no longer withstand the premium, is Wall Street's confidence wavering?

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MarsBitNews
Coinbase Bitcoin Premium Index records negative values for 6 consecutive days
Mars Finance News, May 21 — According to Coinglass data, Coinbase Bitcoin premium index has been in negative premium for six consecutive days, currently at -0.0919%. Continuous outflows from Bitcoin spot ETFs highlight weak buying power in the U.S. market. The Coinbase Bitcoin premium index is used to measure the difference between Bitcoin prices on Coinbase and the average global market price. A negative premium typically indicates greater selling pressure in the U.S. market, decreased investor risk appetite, increased market risk aversion, or capital outflows.
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