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Thats fair. What sort of regulations do you think would make it worse? And do you think institutional adoption would be an overall positive? I think it would certainly take out some of the volatility, which can take out some of the profitability, but would also add a great deal of stability, which could be an overall positive I suppose
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It’s highly dependent on the regulations.
Regulatory uncertainty definitely holds the space back from institutional adoption, but there are regulations that could make it worse.