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ReFS isn't exactly new in the grand scheme of things, but it hasn't been widely used in Windows so far. However, a recent discovery showed the option to format a drive using the ReFS file system ...
NTFS is a widely available file system and has been the standard for Windows systems. It is proven to have many benefits, such as larger volume sizes — up to 256TB — stability, BitLocker ...
These include updates for the Silicon Graphics Inc.s 64-bit XFS and Microsofts NTFS (New Technology File System). In addition, improvements were made to Linuxs VFS (virtual file system).