The latest QCP Capital report notes that bitcoin spot ETFs have seen strong inflows for 12 consecutive days, while Ethereum spot ETFs have faced outflows for eight consecutive days. Bitcoin's dominance in the options market reflects the macro-driven nature of the current rate cut cycle. QCP observed moderate call spread buying on options desks, while volatility has declined recently, signals of cautious optimism. The QCP recommends accumulating bitcoin spot at a discount of 8.27% ($57,600) each week for the remainder of the third quarter as long as the spot price is below $67,000. They do not expect significant market volatility this week as investors await a clear signal of the magnitude of the September rate cut.