Bitcoin Has Traded at a Discount on Coinbase for 61 Straight Days. Have U.S. Investors Stopped Buying BTC?
Quick Read
Bitcoin has traded below its global price on Coinbase for 61 days, but the tiny 0.13% gap may understate quiet over-the-counter buying by U.S. investors.
U.S. spot Bitcoin ETFs shed $1.28 billion in one week, and net assets fell to $96 billion, the lowest level in a month.
Past negative premium streaks ended only after Bitcoin had already rebounded, so the discount alone does not mark a floor.
It sounds nuts, but SoFi is giving new Active Invest users up to $1,000 in stock for a limited time, and all it takes is a $50 deposit to get startedFor 61 straight days, Bitcoin (CRYPTO:BTC) has been trading below its global price on Coinbase (NASDAQ:COIN). This information comes from a post by Coinbase Markets on X, published on November 6, 2026. The gap, known as the Coinbase premium, is at -0.13%, placing it in the bottom 8% of readings from the past two years.
Bitcoin's price appears to be struggling. Itt is priced at $75,870, only slightly above its 30-day low of $74,722 and down 40% from its all-time high. U.S. spot Bitcoin ETFs also lost $1.28 billion in the week ending November 6. So have U.S. investors stopped buying BTC, or is the discount exaggerated?

