There are over 30,000 species of fish that are classified into 3 main classes: jawless fish, cartilaginous fish, and boney fish. Boney fish make up 95% of all fish species and have skeletons made of bone. They reproduce through spawning, where the female releases eggs and the male releases sperm. Fish regulate their buoyancy through a swim bladder that adjusts gas or oil content to rise or sink in water.