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PANews reported on February 26, citing Decrypt, that as Bitcoin recently rebounded by about 10%, the market linked the price movement to a lawsuit involving the quantitative trading firm Jane Street, speculating that the disappearance of its selling pressure pattern pushed prices higher. Analysts pointed out that authorized participants (AP) of spot Bitcoin ETFs can hedge through futures and other derivatives when creating or redeeming shares, and may delay buying or selling BTC in the spot market during the settlement period, resulting in a lack of synchronization between ETF inflows and spot buying. Since Bitcoin futures are often in contango, APs tend to hedge with futures and earn basis profits, causing ETF scale to expand but providing limited support for spot buying, with price discovery shifting more to the futures market. Interviewed institutions emphasized that this mechanism is legal and commonly exists in the ETF industry.

According to Odaily, based on SoSoValue data, yesterday (Eastern Time, February 25), the total net inflow of XRP spot ETFs was 3.091 million USD. The XRP spot ETF with the highest net inflow yesterday was Bitwise XRP ETF (XRP), with a single-day net inflow of 2.2953 million USD, and the current historical total net inflow has reached 370 million USD. Next was Franklin XRP ETF (XRPZ), with a single-day net inflow of 795,700 USD, and the current historical total net inflow has reached 331 million USD. As of the time of publication, the total net asset value of XRP spot ETFs is 1.061 billion USD, with an XRP net asset ratio of 1.19%, and the historical cumulative net inflow has reached 1.237 billion USD.

BBX News: Yesterday, in the process of refined governance for global institutional crypto allocation, listed companies demonstrated a significant trend of shifting from "aggressive speculation" to "institutionalized treasury operations": — Ultra-large-scale acquisition plan: BSTR Holdings (NASDAQ: $BSTR) (to be renamed Bitcoin Standard Treasury) disclosed yesterday that it plans to acquire up to 21,000 bitcoins through capital operations. CEO Adam Bei stated that the company aims to rapidly become one of the world's top three corporate holders through large-scale programmatic accumulation. — Institutionalized DCA execution: DDC Enterprise (NYSE: $DDC) once again purchased 50 bitcoins on the secondary market yesterday, achieving seven consecutive weeks of DCA. Its total holdings have reached 2,118 bitcoins, and the company is enhancing the inflation resistance of its balance sheet through this disciplined approach. — Functionalization of treasury assets: GD Culture Group (NASDAQ: $GDC) yesterday authorized the sale of part of its bitcoin reserves to fund its $100 million stock buyback plan. This marks that crypto reserves have become an active "financial reservoir" for listed companies to optimize capital structure and directly reward shareholders. — Multi-asset ecosystem expansion: DeFi Technologies (CBOE CA: $DEFI) disclosed that its treasury has added $5 million worth of bitcoin and Solana assets. The company reiterated that it will use ETP operational surplus for cyclical reinvestment to capture diverse growth dividends in the crypto ecosystem. — Deep mainstream financial access: Truist Financial (NYSE: $TFC) has officially opened spot bitcoin ETF access to clients, marking that traditional banking giants are accelerating the integration of digital assets into mainstream wealth management frameworks through compliant channels. The market is showing a clear dual evolution trend of "disciplined DCA" and "treasuries shifting from reserves to capital tools." Source: bbx.com