<transcript><audio_47>canvas jurisdiction obviously that you know they country-by-country like in the u.s. might be considered as security and as such you just need to be quite careful of which citizens you do allow into your IC o---- yeah but once it's Frehley</transcript><transcript><audio_48>training there's no you know on a decentralized exchange or a centralized exchange you know a u.s. investor could still buy that then it's up to them or how does that side of things sort of work they could but they can't redeem it directly through us a u.s. investor wouldn't be able to access the</transcript><transcript><audio_49>liquidation function they need to carry YC for that and we wouldn't stress ACK why Co US citizens so in terms of redemption as a you know with the traditional ETF they wouldn't be able to</transcript> canvas jurisdiction obviously that you know they country-by-country like in the u.s. might be considered as security and as such you just need to be quite careful of which citizens you do allow into your IC o---- yeah but once it's Frehley training there's no you know on a decentralized exchange or a centralized exchange you know a u.s. investor could still buy that then it's up to them or how does that side of things sort of work they could but they can't redeem it directly through us a u.s. investor wouldn't be able to access the liquidation function they need to carry YC for that and we wouldn't stress ACK why Co US citizens so in terms of redemption as a you know with the traditional ETF they wouldn't be able to
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