but co-ceo mike belshe joins us now. that was the encz -- bitgo ceo mike belshe joins us now.t like to predict price, but i think we are at a good time. course there is some consolidation. if you are not ready for my 20% drops you are not ready for my 600% increases. but overall what we are seeing is consolidation. the etf's just launched. we have seen tremendous run-up. a little bit of pullback is happening, but all of the macro climate remains extremely bullish for bitcoin. primarily due to what people know about the long term. what we care about most at bitgo. long-term macro looks like we are going to be solid. with having a static supply of bitcoin, something you can count on that doesn't get eroded and fiat currency is continuing to do massive changes with debt and deficits and no sign of change for that front. caroline: bitcoin, potentially another underpinning of price, but who has been getting into these etf's? mike: so far i think it has been mostly the smaller ticket sizes. member, institutions move pretty glacially. i think we have seen a wave of retail. i think it