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According to Odaily, Bitwise advisor Jeff Park shared his views on X regarding Morgan Stanley's launch of a bitcoin ETF, stating that this move is of significant importance in his opinion. Jeff Park noted that even after the first batch of spot bitcoin ETFs have dominated major liquidity for two years, Morgan Stanley still chose to launch its own branded product. This reflects, after evaluation through its internal wealth management channels, that the market size and new client demand remain commercially viable. Jeff Park further pointed out that for asset management institutions, bitcoin ETFs are not only financial products but also carry symbolic significance in terms of brand and social impact, enabling access to specific client groups such as ultra-high-net-worth independent investors. He also believes that this move can be seen as a defensive arrangement for platform distribution rights and fee retention, meaning that by controlling client relationships through proprietary products, they avoid transferring distribution profits to third parties. Against this backdrop, Jeff Park expressed his optimistic stance on the related strategies of Bitwise and Morgan Stanley.

Foresight News reported that Sebastián J., Head of Marketing at Lighter, announced on Discord that its Equity Perps (US stock perpetual contracts) market is now live on the mainnet and open 24 hours a day, five days a week (Monday to Friday, closed on weekends). Previously, these markets only followed US trading hours. These markets are about to achieve round-the-clock trading.

PANews, January 7th – According to an official announcement from xAI, its Series E financing exceeded the original target of $15 billion, ultimately raising $20 billion. Participants included Valor Equity, Stepstone, Fidelity, Qatar Sovereign Fund, Baron, and others, with strategic investors such as NVIDIA and Cisco. The funds will accelerate the construction of the world's largest GPU cluster and AI infrastructure. In 2025, xAI is expected to achieve breakthroughs in the Grok series models, voice assistants, image generation, and integration with the X platform, reaching 600 million monthly active users. The Grok 5 model is currently in training, and the company will continue to advance the development of AI products for both consumers and enterprises in the future.