Ether (ETH) has surged over 20% since May 20, following the launch of exchange-traded funds (ETFs) in the US, outperforming Bitcoin (BTC). Experts suggest that Ether's dominance could lead BTC to retest prior price support levels. They advise considering market-neutral strategies, such as the "covered strangle" which bets against extreme volatility. The safest option for BTC holders may be longing BTC futures on established platforms like the Chicago Mercantile Exchange (CME). However, Bitcoin spot ETFs are recommended for most holders, with BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity Wise Origin Bitcoin Fund (FBTC) offering a balance between security and cost.