Wow. Way too many questions and this stuff goes pretty deep in the weeds. So i'll keep it high level and answer "What does this mean?"
Not all that much for individual retail investors. Mostly what it means is that ETFs should trade even more efficiently than they already do… pic.twitter.com/LWYsKmo5sH
— James Seyffart (@JSeyff) January 24, 2025
Coin Prices
BTC
$87,443.00
-0.28%ETH
$2,058.86
-1.12%XRP
$2.44
-0.74%BNB
$627.59
-1.09%SOL
$142.78
1.39%USDC
$0.999892
0.00%DOGE
$0.189823
2.98%ADA
$0.742381
1.32%TRX
$0.22729
-0.57%STETH
$2,058.29
-0.96%WBTC
$87,284.00
-0.39%LINK
$15.39
1.84%AVAX
$22.88
7.48%LEO
$9.78
0.04%XLM
$0.290366
0.10%TON
$3.59
-2.77%WSTETH
$2,465.85
-1.01%USDS
$0.999446
-0.01%HBAR
$0.194137
0.08%SHIB
$0.00001384
1.58%SUI
$2.44
1.75%LTC
$93.73
-0.46%DOT
$4.63
-1.00%OM
$6.79
-0.88%BCH
$334.22
0.44%BGB
$4.95
1.69%PI
$0.872113
-7.31%WETH
$2,059.99
-1.03%USDE
$0.999365
-0.02%HYPE
$15.98
-3.80%BSC-USD
$0.999802
0.07%WEETH
$2,192.43
-1.01%WBT
$29.19
-0.42%UNI
$6.94
-2.08%XMR
$219.17
-0.36%NEAR
$3.03
3.68%APT
$5.89
-2.29%PEPE
$0.00000798
0.15%SUSDS
$1.045
-0.07%SUSDE
$1.16
-0.06%OKB
$50.54
-0.99%ICP
$6.16
2.07%GT
$23.95
0.39%ONDO
$0.917899
3.10%MNT
$0.84386
0.58%TKX
$35.24
-0.10%AAVE
$185.99
-2.77%ETC
$18.41
0.28%CBBTC
$87,429.00
-0.26%FDUSD
$0.998864
0.13%TRUMP
$11.53
-2.74%VET
$0.02649429
0.74%TAO
$267.40
-0.28%CRO
$0.101674
5.69%ENA
$0.417608
2.68%ATOM
$4.80
-3.35%RENDER
$4.04
7.12%TIA
$3.65
0.09%FIL
$3.12
-0.28%KAS
$0.077004
-2.11%POL
$0.228258
3.65%BUIDL
$1.00
0.00%S
$0.605641
1.13%LBTC
$87,369.00
-0.46%ARB
$0.391494
-0.02%ALGO
$0.210701
3.27%FTN
$4.02
0.02%IP
$6.21
0.21%USDT0
$1.001
0.46%JUP
$0.558296
-1.30%OP
$0.905124
-0.31%FET
$0.561953
2.00%KCS
$11.29
-0.21%SOLVBTC
$87,212.00
-0.42%MOVE
$0.556248
27.76%IMX
$0.718525
12.80%WETH
$2,057.43
-0.94%RSETH
$2,142.07
-1.06%XDC
$0.074339
-1.52%NEXO
$1.16
-0.42%QNT
$78.65
-1.22%BNSOL
$149.18
1.52%WLD
$0.930546
2.98%MKR
$1,280.08
0.48%BONK
$0.00001388
-1.44%STX
$0.695361
1.15%INJ
$10.66
1.73%RETH
$2,330.74
-1.01%SEI
$0.207063
2.54%USDC.E
$0.997723
-0.36%GRT
$0.104998
3.41%DEXE
$17.38
-0.09%THETA
$0.985257
0.63%USD0
$0.997617
-0.03%LDO
$1.053
-2.00%FLR
$0.01450026
-1.38%BERA
$8.03
2.44%EOS
$0.571708
0.14%SOLVBTC.BBN
$86,738.00
-1.05%USDT
$1.00
-0.01%GALA
$0.01856834
1.79%METH
$2,184.68
-0.99%PYUSD
$0.999561
-0.00%WBNB
$627.80
-1.12%CAKE
$2.59
-1.17%XTZ
$0.727224
0.53%USDC
$0.999907
-0.09%SAND
$0.306015
1.82%XAUT
$3,032.42
-0.02%IOTA
$0.201816
5.65%JTO
$2.41
6.92%WBTC
$87,256.00
-0.29%BTT
$0.00000071
0.12%MSOL
$182.25
1.43%BSV
$35.07
0.29%FLOW
$0.426626
-0.26%CRV
$0.502606
-1.26%PAXG
$3,028.01
0.41%FLOKI
$0.00006738
-0.66%NTGL
$0.00107526
-20.83%KAIA
$0.108926
-0.88%EZETH
$2,143.31
-1.02%PYTH
$0.173607
2.49%USDX
$1.001
0.00%JASMY
$0.01259508
-0.69%HNT
$3.39
0.87%JUPSOL
$156.49
1.55%TEL
$0.00646787
0.13%ENS
$17.93
0.86%ZEC
$36.76
13.30%SPX
$0.622621
4.11%AXS
$3.58
1.81%FARTCOIN
$0.563661
1.03%RAY
$1.95
1.31%IBERA
$8.09
7.89%NEO
$7.99
-2.19%USR
$0.999147
-0.08%DYDX
$0.733063
2.24%EGLD
$19.83
2.82%WIF
$0.545644
-1.79%HONEY
$0.99983
-0.02%MANA
$0.281711
0.94%VIRTUAL
$0.802532
0.37%KAVA
$0.479883
-2.66%BDX
$0.073763
-0.01%RON
$0.808793
0.24%TUSD
$0.99974
0.01%PUMPBTC
$85,398.00
0.86%AR
$7.54
1.85%STRK
$0.178872
0.76%CMETH
$2,185.82
-0.91%DOGE
$0.189698
3.17%BEAM
$0.00915197
7.84%CFX
$0.094022
1.48%WETH
$2,059.15
-1.08%PENDLE
$2.92
2.70%USDC.E
$1.00
0.02%CHZ
$0.04820649
0.79%APE
$0.566413
1.51%XEC
$0.0000227
1.28%CORE
$0.451332
-2.41%BTC.B
$87,133.00
-0.51%RSR
$0.00796223
14.60%SUPEROETHB
$2,059.92
-1.06%PENGU
$0.00700752
0.83%RUNE
$1.25
-1.59%CLBTC
$86,056.00
-1.49%OHM
$26.17
3.61%GRASS
$1.55
3.42%NFT
$0.00000043
-1.36%WETH
$2,060.34
-0.92%AERO
$0.529401
-1.90%CHEEMS
$0.00000205
14.41%OUSG
$110.45
0.01%AXL
$0.434454
3.23%USDB
$0.998389
-0.20%USYC
$1.081
-0.06%MATIC
$0.228976
4.02%COMP
$44.22
-1.02%OSETH
$2,146.65
-1.03%TBTC
$87,161.00
-0.50%USDY
$1.096
0.54%TWT
$0.919821
0.76%PLUME
$0.191507
0.38%XCN
$0.01129398
-0.85%EETH
$2,057.78
-0.97%CGETH.HASHKEY
$2,073.94
-1.99%BRETT
$0.03720375
2.13%LUNC
$0.00006585
0.72%AMP
$0.00422373
-0.29%STBTC
$86,800.00
-0.24%AKT
$1.43
-2.19%FRAX
$0.999144
-0.02%MINA
$0.281989
1.10%MORPHO
$1.45
3.04%GNO
$131.35
-1.22%USDT
$1.001
0.25%AIOZ
$0.286551
-0.10%BERASTONE
$2,044.43
-1.04%KAITO
$1.36
-1.01%BUSD
$1.004
-0.08%ZRO
$2.91
2.54%USDC.E
$1.00
0.06%VRSC
$4.00
0.16%SNX
$0.922491
0.24%WETH
$2,058.30
-1.14%JST
$0.03070677
-0.75%1INCH
$0.216363
0.25%KSM
$18.22
-0.14%CBETH
$2,252.37
-0.91%ZK
$0.080121
-1.61%WHITE
$0.00045303
54.32%LAYER
$1.40
26.01%DASH
$24.11
0.91%MX
$3.09
2.24%W
$0.100201
-3.63%ETHX
$2,175.95
-0.70%KET
$0.290689
17.31%GLM
$0.290588
0.61%EIGEN
$1.18
0.17%EBTC
$87,064.00
0.59%WBTC
$87,339.00
-0.27%CTC
$0.642047
0.52%ATH
$0.03529447
0.68%TFUEL
$0.04010654
-0.20%CHEX
$0.273365
0.05%NOT
$0.00266165
1.53%SWETH
$2,235.89
-1.03%SNEK
$0.00362081
5.72%BLUR
$0.119008
0.65%SFP
$0.529613
-1.96%ASTR
$0.03457265
1.02%SATS
$0.00000012
-13.67%FRXETH
$2,059.55
-0.19%ZIL
$0.01316727
1.93%VENOM
$0.124722
2.85%CKB
$0.00550628
1.74%QGOLD
$3,021.18
0.34%SAFE
$0.457521
1.68%MEOW
$0.00279478
4.66%ETHDYDX
$0.732795
2.23%USDD
$1.001
0.01%CWBTC
$1,755.16
-0.27%SUPER
$0.544723
5.52%ARKM
$0.631365
-4.00%POPCAT
$0.2457
6.39%ZRX
$0.281103
-3.21%DEUSD
$0.999445
-0.03%