#BTC spot ETFs inflows*: Investors have been consistently putting money into Bitcoin (BTC) exchange-traded funds (ETFs) for 12 days, indicating growing interest and confidence in Bitcoin.-
#ETH spot ETFs outflows*: Conversely, Ethereum (ETH) ETFs have seen investors withdrawing funds for 8 days, suggesting a decline in interest or confidence in Ethereum.
- *BTC dominance in options market*: Bitcoin is leading the options market, which is driven by macroeconomic factors (in this case, the expected interest rate cut).
- *Call spread buying*: Investors are buying call spreads (a bullish options strategy) but only modestly, indicating cautious optimism.
- *Front-end vols drop*: The volatility of short-term options (front-end) has decreased, further supporting the cautious optimism narrative.
- *No significant movement expected*: The analyst doesn't anticipate major price movements this week as investors await clarity on the extent of the September rate cut.
Overall, this analysis suggests a cautiously optimistic tone, with investors leaning towards Bitcoin and awaiting further guidance on the interest rate cut before making significant moves.
