The negative premium of the bitcoin fund market has reached 5.9%, the lowest level in two years.

BlockBeats news, on June 4, analyst Maartunn cited CryptoQuant data, stating that the current Bitcoin fund market premium has reached -5.9%, the lowest level in two years. This means that Bitcoin ETFs such as IBIT and GBTC are currently trading at a 5.9% discount to their net asset value (NAV). This indicates that market demand for exposure to these funds has significantly weakened compared to the value of their underlying holdings.