Robbie Mitchnick

We had 0.2% of the fund.

redeem, right?

So if there actually were hedge funds that were massively unwinding trades that they were running in the ETF, you would have seen billions there.

We saw many billions liquidated on these levered platforms.

The ETFs have been very steady.

It's a much more long-term buy and hold type investor base.

Well, in general, in this space, we have invested in sort of, at the outset, one kind of best-in-class provider in each of the key areas.

And so at the start, that was Coinbase.

Circle and Securitize and Bank of New York certainly has played a significant role as well.

And now that's expanding.

So we added Anchorage as an additional digital asset service provider.

And so we'll continue as our footprint grows to add very selectively in a targeted way, you know, capabilities providers who are best in class in solving for what we're doing across crypto, stablecoins, tokenization.