00:00Obviously, that was pretty instrumental in ultimately the SEC granting approval to not just Grayscale's conversion to a spot ETF, GBTC, that is, but spot Bitcoin ETFs more broadly.
00:10I'm sure you've seen there's buzz out there about potentially an XRP ETF being in the future.
00:17What do you make of that speculation?
00:19I would certainly welcome it, and I think it's inevitable that there'll be multiple ETFs around different tokens.
00:26I think you'll even see ETFs potentially around baskets that also, I think, further diversify that risk.
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