According to reports from Wu, QCP analysis indicates that the BTC spot ETF recorded a net inflow of $2.2 billion this week, with strong institutional buying. As the perpetual contract funding rate turns positive, leveraged long positions have rapidly increased. Ethereum and Solana have risen in tandem due to the SEC's positive feedback on the staking ETF proposed by REX. Despite strong spot performance, the sentiment in the options market remains cautious, with volatility nearing historical lows.