“When those launch, I expect those to be a meaningful -- a meaningful growth driver.”

In context

“e time, as we've done for 50 years, we are always willing to disrupt ourselves and to do what's required to make sure that we are the firm meeting the needs of clients in our industry and where that's necessary, we will do it. As it relates more specifically to your crypto question, we feel like meeting clients' needs in crypto today is the first thing I'd point out in that. We have more than a 20% share of all exchange traded product assets in crypto sit on our custody platform. So what we're seeing and hearing from our clients is they're not sure about crypto, but they feel like they've shown a little and they want to do it through a product and through a firm that they trust. And that's why we see those assets. Second, at the same time, we are working on launching Bitcoin and Ethereum. When those launch, I expect those to be a meaningful -- a meaningful growth driver. And the reason I believe that because I talk to clients all the time who tell me the following. I've got 98% of my assets sitting at Schwab and 2% at a small firm that specializes in crypto, some digital native firm. And they say, I can't wait until you have Bitcoin or Ethereum because I want to move those assets to Schwab because I trust you, and I want them sitting alongside my other assets. So I feel great about where we are. We'll continue to be an innovative firm and disrupt ourselves where necessary, but we continue to win with investors of all sizes and ages. Operator: And our next question is from Dan Fannon with Jefferies. Daniel Fannon: Rick, I was hoping you could expand upon the current environment. You guys are seeing great account growth, elevated retail trading. And now in”