Summary
- The Coinbase Bitcoin premium has rebounded, raising the possibility of a recovery in US demand.
- The premium has risen to its highest level since October 2025, suggesting stronger buying demand in the US market and inflows from some institutional capital.
- Spot Bitcoin ETFs are maintaining monthly net inflows, fueling expectations that signs of a recovery in supply and demand could become clearer.
Forecast Trend Report by Period
The Coinbase Bitcoin premium has rebounded, adding to signs that demand in the US market may be recovering.
Odaily reported on April 14 that Markus Thielen, an analyst at BIT, formerly Matrixport, said the Coinbase Bitcoin premium had climbed to its highest level since October 2025. The move suggests buying demand in the US market is improving and some institutional capital is returning, he said.
The Coinbase premium refers to Bitcoin trading at a higher price on the exchange than on global venues. The metric is commonly used as an indicator of demand from US investors.
Bitcoin prices on Coinbase have recently remained consistently above those on major global exchanges. That contrasts with an earlier period when the premium turned into a discount, or negative premium, and was interpreted as a sign of weakening investor sentiment.
As of mid-April, spot Bitcoin exchange-traded funds were also maintaining monthly net inflows. Market participants say that if those flows continue, signs of a recovery in supply and demand could become clearer.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
