AGP Executive Report
Last update: 34 minutes agoETF Flows: U.S. spot Bitcoin ETFs just logged a record 13-day losing streak, bleeding about $4.37B (with BlackRock’s IBIT taking roughly $3.3B) before a tiny inflow on June 4—highlighting how ETF money is now part of Bitcoin’s price engine. Price Pressure: Bitcoin slid under $60,000 for the first time since Oct 2024 as institutional outflows, weak demand, and capital rotation toward AI and tech hit risk appetite; liquidations topped $1B+ in the latest wave. Korea Discount: South Korea kept trading BTC at a discount for nearly 24 straight days, with June 1’s gap hitting ~3.1%—the deepest since early 2021. Policy & Taxes: Greece is drafting a 15% crypto capital-gains tax (first €500 exempt), while Vietnam regulators push forward with a pilot legal framework and new product study. Security & Scams: A Hola Browser Windows installer was compromised to drop an undeclared crypto-mining payload, and U.S. officials renewed warnings about phishing and impersonation scams.
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.
Perspectify News
