Coinbase Premium Hits a Low — U.S. Institutions Are Dumping Bitcoin Bitcoin’s Coinbase Premium Index has dropped to its lowest level since February. Combined with six consecutive days of net outflows from $BTC ETFs ($1.05 billion) and a Fear & Greed Index reading of 28, the signals are aligning: U.S. institutional investors are pulling capital out of BTC through both the spot market (Coinbase) and ETF channels. The $70,000–$72,000 zone is now a critical support area. If Coinbase Premium turns positive again around this range, it could signal a local bottom. Otherwise, the downtrend may continue. #BTCBreaks5MonthDowntrend #SECTokenizationDelay #AnthropicComputeRace