AGP Executive Report
Last update: 11 hours agoBitcoin ETF momentum: US spot Bitcoin ETFs logged $241.1M net inflows for a third straight week, while Ether ETFs saw $138M outflows, keeping the BTC-vs-ETH split front and center. Market plumbing: CoinGecko says ETH’s order-book depth has thinned to just 35–45% of Bitcoin’s (down from 60% a year ago), even as ETH surged ~70% in Q3—less liquidity can mean sharper moves. Derivatives pressure: Glassnode flags a big leveraged short liquidation cluster near $90K, and Coinglass reports $113M in short liquidations across 42,225 traders as BTC/ETH volatility spiked. Corporate rails: Payward (Kraken parent) and Singapore Gulf Bank launched 24/7 USD settlement for select institutions via SGB Net. Stablecoin push: SwissBorg joined the Eurøpe Consortium as a founding member to back MiCA-compliant euro stablecoin EURØP across multiple chains. Regulatory watch: Australia’s ATO is pushing tougher SMSF crypto audit expectations, and a High Court case could hinge on whether Bitcoin is “property.” Altcoin focus: DOGE tests $0.10 resistance as Bitwise plans a DOGE fund conversion to cash on Oct. 14.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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