GPU acceleration during playback?

Is it possible to enable GPU acceleration for filter processing during playback? It seems like the operations that filters perform, ie color grading, scaling, etc, are tasks that seem well suited to a GPU, but I might be wrong about that. I’ve noticed the more filters I stack, the slower playback gets of course, and maybe a GPU could do the heavy lifting.

(I do know about GPU acceleration for rendering of course, but I’m talking about using the GPU for playback during the editing stage.)

Yes, at the top of the Settings menu is GPU Effects

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Thank you! Sorry somehow I totally missed that.