Woofun AI data shows that the Coinbase Bitcoin Premium Index has remained negative for 50 consecutive days, establishing a new record low for the metric. The latest reading stands at approximately -0.0742%, indicating that Bitcoin is priced lower on Coinbase than on Binance. This negative cycle started on May 19, 2026, exceeding the prior record of 40 days. US spot Bitcoin ETFs have recorded net outflows of roughly $6 billion year-to-date, with late June seeing over $2.6 billion in outflows across nine trading days before a combined $282 million inflow for Bitcoin and Ethereum ETFs.