Tim, what do you make of the rise in interest in these more complex ETF products?

Well, Seema, I, I would say that, you know, you're really seeing the ETF wrapper help simplify a lot of these structures for investors.

You know, take the dual directional ETFs that we just talked about.

If an investor wanted to construct it on their own, they'd have to know the ins and outs of different options and how to put these different trades together.

In the convenience of the, the ETF wrapper, you can get into something like DDFZ, the 15% dual directional ETF, and you can know exactly what the payoff will look like without having to be an options expert.

You can know that if the market sells off over the next year, zero to minus 15%, you are gonna make zero to plus 15%.

And then on the flip side, you have an upside cap.

Do you have a view on, on what we're seeing overall in tech?