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Notably, video accounts total user time spent more than doubled as we enriched our short video content ecosystem. Firstly, for video accounts, total user time spent more than doubled in 2023, driven by strong growth in DAU and time spent per user. Thank you, everyone, for joining us. Going into each one of them.
However, to be clear, we did not make any material changes to our feestructure in Q4. And the blended average fee rate that you see reported is simply due to mix shift on our platform. Third, it's important to note that these sales account for a small portion of Insider's total holdings in Coinbase.
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