According to Wu, QCP Capital noted that since the rebound on Friday and over the weekend, there has been a bullish follow-up in volume and interest. BTC risk reversals are now positive, meaning that call options are more expensive than put options. Demand for BTC call options with strike prices of $75,000 and $100,000 for September expiration has risen again, and BTC forward yields are back above 10%. However, ETH has not shown the same positivity, with risk reversals still at -4%, possibly due to concerns that the SEC will not approve VanEck and Ark21's ETH spot ETFs by the May 23 and 24 deadlines.