According to Coinglass data, since the approval of the US Bitcoin ETF, the Canadian Purpose Bitcoin ETF has been in a state of outflow, with its Bitcoin holdings falling below 30,000 BTC and currently reaching about 29,630 BTC. In addition, Purpose Bitcoin ETF saw an outflow of 179.69 BTC yesterday, with a total outflow of about 1,470 BTC in the past seven days.

Lookonchain monitoring data shows that on March 1st, 8 spot Bitcoin ETFs increased their holdings by 10,999 BTC ($680 million), while Grayscale GBTC reduced their holdings by 3,606 BTC ($223 million). BlackRock increased their holdings by 9,730 BTC ($601 million).

In just seven weeks, BlackRock's spot bitcoin ETF IBIT reached a managed asset scale of $10 billion on Thursday. Prior to this, the fund received the second-largest daily net inflow of funds since its launch on January 11th. BlackRock's IBIT fund has reached a managed asset scale of over 162,000 bitcoins (worth $10 billion), while Fidelity's FBTC fund has assets of over 105,000 bitcoins (worth $630 million). Nate Geraci, president of ETF Store, pointed out that it should be noted that out of the 3,400 ETFs, only about 150 have a managed asset scale of over $10 billion, most of which were launched more than 10 years ago.

Lookonchain monitoring data shows that 8 spot Bitcoin ETFs added 14,934 BTC (approximately $940 million) today, while Grayscale's GBTC only reduced 2,223 BTC (approximately $139.8 million). BlackRock increased holdings by 10,140 BTC, approximately $638 million, and Fidelity increased holdings by 4,066 BTC, approximately $255.9 million.

According to Kennix Chan, Executive Director of Victory Securities, Golden Finance reported that the Hong Kong Securities and Futures Commission has received a large number of applications for spot Bitcoin ETFs in the past few months, and Hong Kong's Bitcoin ETFs are showing good signs.

The US Securities and Exchange Commission (SEC) has announced a proposal from NYSE American LLC to amend Rule 915 to allow options trading for Bitcoin ETFs, Grayscale Bitcoin Trust (GBTC), and any trust holding Bitcoin. This move aims to provide investors with more opportunities to gain exposure to the Bitcoin market and serve as a hedging tool to meet investment needs while maintaining the same trading rules and procedures as existing ETF options. The SEC will make a decision within 45 days after the notice is issued, which may be extended to 90 days.

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Official updates from BlackRock show that as of February 27th, iShares Bitcoin Trust (IBIT) holds 141,396.4531 bitcoins, worth over $8 billion and $153,999.92 in cash.

According to Coinglass data on February 28th, the total assets under management of Bitcoin ETFs reached $40.896 billion. The top three Bitcoin ETFs by assets under management are:- GBTC with assets under management of $25.305 billion - IBIT with assets under management of $6.649 billion - FBTC with assets under management of $4.732 billion.

The South Korean Financial Supervisory Service (FSS) and the US Securities and Exchange Commission (SEC) are set to discuss the inclusion of Bitcoin ETFs and non-fungible tokens (NFTs) within the realm of virtual assets. This marks a pivotal moment in the realm of virtual finance, highlighting the evolving landscape of digital finance and its regulatory challenges. The exclusion of NFTs from the scope of virtual assets under the forthcoming Enforcement Decree of the Virtual Asset Act in South Korea reflects a cautious approach driven by perceived low market risks, but escalating prices and speculative fervor surrounding NFTs have spurred calls for their formal recognition as tradable assets. The outcomes of these deliberations are poised to shape the future trajectory of virtual finance.