Market Trends - ETH perpetual open interest surged to $28 billion in a week [1] - ETH ETFs have seen two consecutive days of inflows surpassing BTC [1] - Institutions are reallocating to ETH and custody-backed stablecoin L1s due to the GENIUS Act [1] Altcoin Season Signals - Bullish positioning is visible in the options market, signaling signs of an altcoin season [1]