many thanks for the people concerns. Sure, we are seriously pleased Together with the balance sheet strength. we have been applying income, as we have stated within our prime funding company. A large amount of that money was utilized to aid the ETF launches in Q1 and Q2 Using the Bitcoin ETF and now hopefully be a Ethereum ETF where you can see a great deal of working day-to-working day or week-to-7 days volatility of All those personal loan balances.
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Turning to subscription and services revenue. As I discussed in my opening, we ended up delighted to even more diversify our profits in Q2 and subscription and services revenue grew seventeen% quarter-above-quarter to $599 million.
So any update there? after which you can type of along the same traces, you've been making now plenty of your gross profit from curiosity money. And just curious, if you can find any feelings across the hedging method should charges begin to arrive down. what is actually your form of philosophy there? Thank you.
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