TechFlow news: QCP Capital reported that BTC spot ETFs have seen 15 consecutive days of capital inflows, reaching $886.1 million yesterday—the second-highest level in history.
Trading desks observe strong bullish continuation, with significant buying of call options expiring in June, indicating market expectations for a breakout above the all-time high of $74,000 this month.
ETH has lagged behind this rally, but once ETH spot ETF trading begins, ETH is expected to catch up and potentially outperform BTC.
A major rotation from BTC ETFs to ETH ETFs could occur, further fueling ETH's upward momentum.
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