[Analysis] Coinbase Premium Negative…"Weak U.S. Investment Sentiment"

Amid growing industry expectations for U.S. virtual asset (cryptocurrency) policies, an analysis has emerged indicating that U.S. investors' investment sentiment is at a low level.

On the 16th (local time), Coindesk reported, "While positive expectations for the virtual asset market are rising, centered on the U.S., the Bitcoin Coinbase premium remains negative," adding, "This indicates that the buying pressure of U.S. investors in virtual assets is lower compared to global investors." It further explained, "The expectations of U.S. investors regarding virtual asset policies may already be reflected," noting that during the Bitcoin rise in November and December, the Coinbase premium remained positive.

The media outlet stated, "Currently, U.S. investors are watching whether President-elect Trump's campaign promises will be fulfilled," suggesting that if Trump announces policies related to virtual assets, the buying pressure of U.S. investors, centered on Coinbase, could strengthen again.

Meanwhile, Bloomberg reported that President-elect Donald Trump is expected to establish a virtual asset advisory committee immediately after taking office and prioritize virtual assets in policy. Furthermore, an executive order guaranteeing the advisory committee's voice within the administration is anticipated. Trump's inauguration is scheduled for the 20th (local time).