Blackstone IBIT had a net outflow of US$254 million in a single day, and the BTC fund industry had a single-day outflow of US$636 million. 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?