According to ChainCatcher news, QCP Capital issued a statement stating that the BTC spot ETF has seen capital inflows for 15 consecutive days, reaching US$886.1 million yesterday, the second highest in history.

Trading desks saw strong bullish continuation with heavy buying of call options expiring in June, indicating market expectations for a new all-time high above $74,000 this month.

ETH lags behind this round of gains, but it is expected that after ETH spot ETF trading begins, ETH will catch up with or even surpass BTC.

There may be a massive rotation from BTC ETFs to ETH ETFs, further pushing ETH higher.