I am confident they will pick up. We are possibly getting a partial glimpse into the future where everything that's happening is going to be happening on layers and with custodians and those will be the entities doing the on chain transactions and not enough of these entities exist yet to keep fees elevated. I think Bitcoiners who are sending to self custody are pretty shrewd about getting the best fee rate possible and I also think ETFs have taken away some of the demand for spot purchases and sending to self custody. Now that people can add bitcoin via etf to their retirement account some of them don't buy spot anymore. I know a friend of mine that was DCAing all through the bear market but lately he only transacts via etfs because it's tax advantaged here in Canada. If he is contributing to his retirement account he gets an offset to his income in terms of tax purposes. Quite the racket between the government and the big banks to keep money flowing into the big banks.