 There was a recent interview with former SEC chair, Jay Clayton gets to talk about specifically the spot ETF. And it'll really make you think of where things are going. What I would say is companies whose reputation in the market matters are saying, you know what? We think that trading, we think that the custody, we think that those protections around this market are sufficient that we're willing to put our name on it and offer that product. That's actually an incredible development. I find that pretty remarkable. Can they say no to a spot ETF? It goes to that issue. I think that when the SEC approved the futures-based ETF, they said, let's look at the futures market. We see the surveillance, we see the protections in that market for the end investor that are sufficient. We don't see them in the spot market. So we're gonna make that distinction. I think what the institutions are arguing is that those distinctions have gone away and now the spot product is actually less drag, more efficient, the spot should be approved.