According to BitMEX Research data on March 8th, Bitcoin ETF saw a net inflow of $223 million, and the ETF assets, excluding GBTC, have now exceeded $28 billion, surpassing GBTC's assets for the first time.

Anthony Pompliano, the founder of Pomp Investments, made an optimistic prediction about Bitcoin in an interview with CNBC, suggesting that the price of Bitcoin could soon rise to $138,000. He pointed out that historically, the value of Bitcoin has doubled in 18 days or less after surpassing three-quarters of its previous peak price.

The market shows Bitcoin has broken through $70,000 per coin, rising 3.93% within the day and hitting a new high.

Every week we bring you the three most important charts on the topics of macroeconomics, Bitcoin and digital assets. Today we'll cover: The institutionalization of Bitcoin.How Bitcoin is beating gold: a shift in global store of value.Is Ethereum underpriced relative to Bitcoin?

Lin Chen, the head of Deribit's Asia-Pacific business, stated on X platform that the current historical volatility of BTC is 66.45%, and the volatility index (implied volatility) is 68.9%.

Tesla's bitcoin holdings have once again become a topic of discussion in the cryptocurrency community. The cryptocurrency data analysis platform Arkham recently added Tesla's bitcoin wallet tracking function to its dashboard, which shows a balance of 11,509 BTC for the BTC wallet associated with Tesla, an increase of approximately 1,789 BTC compared to the previous report's balance of 9,720 BTC. It is reported that Tesla's schedule for holding and selling bitcoin is as follows: February 2021: Purchased $1.5 billion worth of bitcoin; March 2021: Sold 4,320 bitcoin; 2022: Will sell 29,160 bitcoin; 2023: The balance of 9,720 BTC remains unchanged.

Futures-implied yields for BTC and ETH rose strongly during the rally to all-time high BTC prices, indicating a return to the strong demand for leveraged long exposure that we saw build-up ahead of the ETF announcement in late January. This is echoed by the extremely high funding rates for each coin. In a repeat of their reaction to last week’s spot rally, the term structures for both majors have inverted significantly, with the implied volatility at the front end reaching ~75%. Similarly, the volatility smiles are skewed strongly towards OTM calls, with a slight out-performance for BTC upside exposure over ETH.

Kaiko posted on X platform that the Bitcoin trading volume yesterday surpassed 46 billion US dollars, reaching the highest level since 2021.

According to OKX market data on March 5th, Bitcoin once again briefly broke through $68,000 and is now slightly falling to $67,953, with a 24-hour increase of 3.96%.

Bitcoin investment funds, including ETFs, currently manage over 1 million Bitcoins, with a value of approximately $67 billion at current prices. The majority of this, over 83%, comes from Bitcoin ETFs in the US spot and futures markets.