The XRP spot ETF had a net inflow of US$11.31 million last week, and the BTC, ETH, and SOL spot ETFs all experienced net outflows. Regarding institutional BTC outflows, the market may reassess related expectations. Institutional or ETF-related BTC outflows will affect the market's judgment on spot demand, redemption pressure, and funding commitments. Do you think we should pay more attention to the implementation changes or the funding response in the future?