QCP Capital: Investors are waiting for signals on the extent of interest rate cuts in September and do not expect significant market fluctuations this week.

QCP Capital’s latest report states that the Bitcoin spot ETF has experienced strong inflows for 12 consecutive days, while the Ethereum spot ETF has faced outflows for 8 consecutive days. Bitcoin’s dominance in the options market reflects the macro-driven nature of the current rate cut cycle. QCP is observing moderate call spread buying on the options trading desk, while volatility has declined recently, signals that point to cautious optimism in the market. QCP recommends accumulating Bitcoin spot at a discount of 8.27% ($57,600) every week for the remainder of the third quarter, as long as the spot price is below $67,000. They don't expect significant market moves this week as investors await clear signals on the extent of a rate cut in September.