Group 1 - Goldman Sachs has raised its expected return rates for the S&P 500 index to +3% (6400 points) for 3 months, +6% (6600 points) for 6 months, and +11% (6900 points) for 12 months, indicating a potential new upward cycle for the U.S. stock market [1] - The number of S&P 500 companies holding crypto assets has reached 47, a 38% increase compared to the same period last year, highlighting the growing connection between traditional equity markets and the crypto ecosystem [3] - The correlation coefficient between the U.S. stock market and cryptocurrency has risen to 0.62 over the past 30 days, the highest level in 2023, suggesting that investors require cross-market asset allocation tools [3] Group 2 - Investment firm Calamos has introduced a "Protected Bitcoin" strategy for U.S. institutional investors, combining Bitcoin futures with U.S. Treasury bonds to limit downside risk to 0%-20% while retaining 25%-60% upside potential, reflecting a shift in traditional asset management towards how to allocate crypto assets [4] - Nearly 60% of institutional users employing similar strategies hold both U.S. tech stocks and cryptocurrencies, with XBIT's platform reducing transaction costs significantly, making cross-market allocations more efficient [4] - XBIT serves as a technological bridge, allowing institutions to manage cross-market asset portfolios autonomously while ensuring compliance with anti-money laundering regulations and privacy needs [4] Group 3 - The interplay between Goldman Sachs' raised expectations and tariff policies is reshaping the risk structure of the U.S. stock market, with crypto assets increasingly recognized for their hedging value [6] - XBIT provides tools for investors to adapt to market changes through features like transaction anonymity and user control over assets, facilitating easier and safer cross-market investments [6] - The ongoing evolution of policy frameworks and institutional strategies indicates that the collaborative development of the U.S. stock and crypto markets will become a significant trend in the global financial ecosystem [6]