ChainCatcher message, according to CryptoQuant analyst @MAC_D46035, there is currently a -0.221% negative premium for Bitcoin on Coinbase, marking the fifth time this level has been reached since May of last year. This decline compared to Binance investors indicates a reduction in buying demand from U.S. investors.The analyst pointed out that historically, this phenomenon is temporary during bull markets and usually attracts new buyers who see it as an opportunity. While it is uncertain whether the price after this significant drop represents a bottom, if the bull market continues, a bottom may form soon, potentially leading to a rebound.

ChainCatcher news, or influenced by South Korean President Yoon Suk-yeol's announcement of a state of emergency, the Bitcoin price on the Upbit platform has seen a severe negative premium, reported at $89,500.ChainCatcher previously reported that, according to Jinshi News, South Korean President Yoon Suk-yeol suddenly delivered a televised speech tonight, announcing the implementation of "emergency martial law." Yoon listed several reasons, stating that the opposition party is manipulating the National Assembly and disrupting the country, claiming he will eradicate "anti-state forces" within South Korea. Specific measures of the martial law are currently unknown.External analysis suggests that the recent push by the opposition party in South Korea for a series of legislation targeting the president's wife and the impeachment of public officials such as prosecutors may have been the trigger for Yoon Suk-yeol's announcement of "emergency martial law."

ChainCatcher message, according to Ycharts data, as of yesterday, the Grayscale Ethereum Trust (ETHE) is currently reporting a negative premium rate of 0.13%.

ChainCatcher message, The Block data shows that as of July 17, the Grayscale Ethereum Trust (ETHE) negative premium rate has narrowed to 0.43%.

ChainCatcher news, according to ycharts data, as of July 12, the Grayscale Ethereum Trust (ETHE) is reported to have a negative premium rate of 0.52%.

ChainCatcher news, according to TheBlock, based on YCharts data, on July 3, the premium of ETHE relative to net asset value reached 0.31%. The market expects that ETHE will no longer trade at a negative premium before the launch of the Ethereum spot ETF in the United States.Since the cryptocurrency bear market bottomed out in December 2022, ETHE has been trading at a negative premium. Following the launch of the Bitcoin ETF in January, predictions surrounding the approval of a spot Ethereum ETF by the U.S. SEC have increased, and ETHE's negative premium has continued to narrow, turning into a positive premium on the 3rd of this month. It is reported that Grayscale ETHE currently manages $9.5 billion in assets.

ChainCatcher news, according to The Block data, as of June 28, the Grayscale Ethereum Trust (ETHE) is currently reporting a negative premium rate of 1.29%.

ChainCatcher news, according to The Block data, as of June 26, the Grayscale Ethereum Trust (ETHE) negative premium rate has narrowed to 1.24%.

ChainCatcher news, according to The Block data, as of June 20, the Grayscale Ethereum Trust (ETHE) is currently reporting a negative premium rate of 1.71%.

ChainCatcher news, according to data from The Block, as of May 24, the Grayscale Ethereum Trust (ETHE) negative premium rate has narrowed to 1.27%.

ChainCatcher message, according to YCharts data, the discount of Grayscale Ethereum Trust (ETHE) relative to its net asset value (NAV) has fallen to the lowest level since December 2021.As expectations for the approval of a spot Ethereum ETF in the U.S. continue to rise, on May 21, the ETHE negative premium narrowed to 6.66%.

ChainCatcher news, the premium rate of Grayscale Bitcoin Trust ETF (GBTC) is 0.04%. The negative premium rate of Grayscale ETH Trust is 23.78%, and the negative premium rate of ETC Trust is 43.55%.In addition, the premium rate of Grayscale BCH Trust is 205.28%, the premium rate of LTC Trust is 304.90%, the premium rate of SOL Trust is 551.26%, the premium rate of MANA Trust is 519.31%, the premium rate of LINK Trust is 763.72%, and the premium rate of FIL Trust is 1837.98%.

According to Chain Catcher, data from Coinglass shows that the current negative premium rate of the Grayscale ETH Trust (ETHE) is 24.17%; the negative premium rate of the ETC Trust is 42.24%.Previous report indicated that the negative premium rate of Grayscale ETHE had narrowed to 8.07% on February 28.

ChainCatcher news, according to Coinglass data, the current negative premium rate of the Grayscale ETH Trust (ETHE) is 23.65%; the negative premium rate of the ETC Trust is 36.91%.

ChainCatcher news, Coinglass data shows that the Grayscale Bitcoin Trust ETF (GBTC) premium rate is 0.02%.The Grayscale ETH Trust has a negative premium rate of 22.77%, and the ETC Trust has a negative premium rate of 36.58%.In addition, the Grayscale BCH Trust premium rate is 238.13%, the LTC Trust premium rate is 380.60%, the SOL Trust premium rate is 515.93%, the MANA Trust premium rate is 726.65%, the LINK Trust premium rate is 713.66%, and the FIL Trust premium rate is 3057.89%.

ChainCatcher news, according to Coinglass data, the current negative premium rate of Grayscale ETH Trust (ETHE) is 24.2%; the negative premium rate of ETC Trust is 37.27%.

ChainCatcher news, Coinglass data shows that the Grayscale Bitcoin Trust ETF (GBTC) premium rate is 0.11%. The Grayscale ETH Trust has a negative premium rate of 10.90%, and the ETC Trust has a negative premium rate of 40.26%.In addition, the Grayscale LTC Trust premium rate is 160.35%, the BCH Trust premium rate is 166.14%, the SOL Trust premium rate is 472.41%, the MANA Trust premium rate is 761.58%, the LINK Trust premium rate is 772.40%, and the FIL Trust premium rate is 3799.31%.

ChainCatcher news, according to Coinglass data, the current negative premium rate of the Grayscale ETH Trust (ETHE) is 8.72%; the negative premium rate of the ETC Trust is 40.87%.

ChainCatcher news, Coinglass data shows that the current Grayscale Bitcoin Trust ETF (GBTC) discount rate is 0.04%, the Grayscale ETH Trust discount rate is 8.07%, and the ETC Trust discount rate is 45.17%.In addition, the Grayscale LTC Trust premium rate is 121.72%, the BCH Trust premium rate is 58.04%, the SOL Trust premium rate is 541.71%, the MANA Trust premium rate is 260.67%, the LINK Trust premium rate is 390.14%, and the FIL Trust premium rate is 1424.97%.