Odaily reports that the head of the Iranian Parliament's National Security Committee stated that Iran has prepared a mechanism to manage traffic in the Strait of Hormuz along designated routes, with details to be released soon. Only commercial vessels and parties cooperating with Iran will benefit from this process. Necessary fees will be charged to cover the professional services provided under this mechanism. The passage will remain closed to operators of the "Freedom Project." (Jin Shi)

In the past hour, total liquidations across the network reached $34.93 million, with $34.17 million from long positions, with $755,294.49 from short positions. BTC liquidation $18.07 million, ETH liquidation $3.37 million.

According to Odaily Planet Daily, the Criminal Investigation Bureau of the Ministry of Public Security published an article on its official WeChat account titled "Beware of Online Fraud Targeting Minors," which exposed a new type of online fraud chain characterized by "game-based user acquisition + impersonation of public security, procuratorate, and court officials + virtual currency money laundering." Criminals use advertisements on games and social media platforms to lure minors into adding them as friends, then use intimidation and other means to steal funds from parents' accounts. The stolen funds are then split and withdrawn through black market platforms and used to purchase virtual currencies. These virtual currencies are not restricted by geographical location and can silently flow back to overseas fraud dens, achieving "physical isolation" of cross-border funds. The Criminal Investigation Bureau of the Ministry of Public Security reminds the public that public security, procuratorate, and court officials will never conduct cases online, will never intimidate or deduct funds, and will never ask for passwords or verification codes.

According to Bloomberg analyst James Seyffart on the X platform, the 2x leveraged Cerebras Systems ETF (ticker symbol: CBRG) has officially started trading, while its underlying asset, CBRS, only began trading the previous afternoon. This means that the leveraged ETF was launched within just a few hours, setting an extremely fast product launch record. This "rapid follow-up" ETF issuance model is accelerating, and similar rapid issuance paths may emerge in the future for leveraged ETFs on non-listed or highly popular assets such as SpaceX, Anthropic, and OpenAI. This reflects a significant increase in the speed of productization in the ETF market for new asset exposures.

Elon Musk has stated that he will not sell any SpaceX shares. Reports indicate the company may publicly file for its long-awaited IPO as early as next week. Musk responded to a user's post on the SpaceX platform, writing, "Not a single share." The user had advised him to sell shares after the lock-up period ended. According to sources, the company, which operates in rockets, satellites, and artificial intelligence, may publicly file for its IPO as early as Wednesday. Previously, the company had secretly filed documents planning to raise up to $75 billion, valuing the company at over $2 trillion, which would be the largest IPO in history.