The futures and options market, a proxy for big money, is increasingly backing ether ETH over bitcoin BTC in a major market shift.Bitcoin, the leading cryptocurrency by market capitalization, recently reached record highs of over $ 110,000. According to CoinDesk data, the cryptocurrency has gained over 16% this year, drawing strength from the macroeconomic factors and persistent inflows into the spot bitcoin exchange-traded funds.Meanwhile, ether has dropped 20% this year despite its parent blockchain, Ethereum, maintaining its pole position in the decentralized finance (DeFi) and tokenization markets
source: https://www.coindesk.com/markets/2025/05/28/ether-favored-over-bitcoin-by-big-money-here-are-3-clues-that-point-to-eth-bias-in-crypto-market