According to a report by Cointelegraph, Chainlink founder Sergey Nazarov stated that the current cryptocurrency market cycle is unique because a large number of new buyers are entering the market, which may lead to faster adoption of RWA tokenization than initially expected by the industry. Recently, participants in the cryptocurrency market are not limited to retail investors who react to mainstream media reports on cryptocurrency price fluctuations. New buyers come from various fields of the global financial system, making up a very large group of buyers. The recently approved Bitcoin ETF is just the beginning of facilitating easier entry of funds into the market.At the same time, Sergey Nazarov predicts that RWA tokenization will become the next major trend in the cryptocurrency market.

Jake Chervinsky, Chief Legal Officer of risk fund Variant, expressed doubts about the approval of this year's spot Ethereum ETF. Chervinsky stated that although Bitcoin ETFs have been successful in the past, the U.S. Securities and Exchange Commission (SEC) is facing increasing political pressure and market instability, which could affect their decision-making process. Chervinsky pointed out that the SEC has the ability to resist legal challenges by taking a stance that satisfies political priorities, even if these positions may not fully comply with legal precedents. This strategy, while controversial, can be used to demonstrate the rationality of possibly rejecting a spot ETH ETF.

On March 3rd, according to Coinglass data, the total open position of ETH futures contracts on the network is 3.33 million ETH, equivalent to approximately $11.46 billion. Among them, the open position of Binance ETH contracts is approximately 1.13 million ETH (approximately $3.9 billion), ranking first.

In the 8th week since the launch of Bitcoin spot ETFs, the top four ETFs have increased their holdings as follows:

BlackRock has officially updated its holdings data for its Bitcoin ETF. As of February 23rd, the iShares Bitcoin Trust (IBIT) had a circulation of 222,840,000 shares, holding over 130,231.2998 BTC for the first time, with a market value of over $6.647 billion. It also holds $138,389.43 in cash.

On February 25th, according to Farside Investors data, since the listing of Bitcoin spot ETF on January 11th, the historical cumulative net inflow of Bitcoin spot ETF has exceeded 5.5 billion US dollars. Among them:

Farside Investors monitored that on February 23, the ARK 21Shares Bitcoin Spot ETF (ARKB) had a net inflow of $34.5 million.

Ripple CEO Brad Garlinghouse stated that the company would "welcome" exchange-traded funds (ETFs) based on the XRP token. It is inevitable that there will be various ETFs based on different tokens. In addition, Garlinghouse predicted that there will be basket ETFs in this field, which he believes will "diversify risk" for investors. When asked if Ripple is currently in talks with ETF issuers, the CEO declined to comment. However, Garlinghouse reiterated the company's position: "We believe this is meaningful for the overall XRP community."

February's Finance Bridge examines the impact of Bitcoin ETF approvals, a surge in stablecoin supply, and emerging volatility trends. Essential insights for directional and momentum traders.

According to BitMEX Research data, on February 16th, the net inflow of Bitcoin ETF was 331.7 million US dollars. The net inflow this week was 2.2734 billion US dollars, and the total net inflow since January 11th is 4.9269 billion US dollars.