Sorry, sorry, my mind is a bit dull. The reason behind Bitwise's donation of $150000 is that during its one-year tenure in the Bitcoin spot ETF, Bitwise earned $1500000 through BITB. This income may not be considered good enough, as there are still various costs involved, and there is indeed a lot of room for growth for a large institution. But it should be noted that Bitwise holds a total of 41152 BTC, ranking sixth among 12 ETF institutions in the United States, in the middle position. The IBIT holdings of the top ranked BlackRock are 14.26 times that of Bitwise, and the difference in fees between the two is not significant, indicating that BlackRock's earnings are approximately $21.39 million. Fidelity, which ranks second in total holdings, should generate around $7.5 million in revenue from BTC spot ETFs alone in a year. The income from management fees is quite considerable, and the commission fees for GBTC, which are sky high (about four times higher than IBIT), can even exceed BlackRock's commission income. But there are also some institutions whose expected revenue is only one sixth of that of Bitwise, which is a bit insufficient. Therefore, a large number of users and funds are still concentrated in the top ETF institutions. This is why I often say that if it weren't for BlackRock or Fidelity's application, even if the ETF was approved, the trading volume may be relatively limited.