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
$84,302.00
-0.07%ETH
$1,985.54
0.61%XRP
$2.40
-0.93%BNB
$628.21
-0.32%SOL
$128.96
0.88%USDC
$0.999873
0.00%ADA
$0.710406
-0.80%DOGE
$0.168817
-0.21%TRX
$0.235854
2.30%STETH
$1,984.47
0.70%WBTC
$84,233.00
-0.14%LEO
$9.76
0.21%LINK
$14.10
-0.29%TON
$3.58
-4.74%WSTETH
$2,379.47
0.64%XLM
$0.276473
-2.81%AVAX
$19.45
3.05%USDS
$0.999921
-0.05%HBAR
$0.184689
-1.28%SHIB
$0.00001261
-2.60%SUI
$2.26
-2.11%LTC
$91.08
-1.84%DOT
$4.48
-1.05%PI
$0.980228
6.15%BCH
$324.65
-2.37%OM
$6.36
-2.86%WETH
$1,985.47
0.60%BGB
$4.68
-0.46%HYPE
$16.32
13.19%USDE
$0.999273
-0.06%BSC-USD
$0.999867
0.09%WEETH
$2,110.56
0.60%UNI
$6.88
0.83%WBT
$28.58
0.17%XMR
$216.07
3.01%APT
$5.67
1.74%SUSDS
$1.044
-0.08%NEAR
$2.74
-0.11%SUSDE
$1.16
0.07%OKB
$51.98
-1.16%PEPE
$0.00000736
-0.74%GT
$22.77
0.46%ICP
$5.68
-0.84%AAVE
$181.29
1.27%ETC
$17.83
-0.15%TKX
$33.13
-1.64%MNT
$0.787933
-0.49%ONDO
$0.832672
-0.22%CBBTC
$84,252.00
-0.20%FDUSD
$0.998434
-0.07%VET
$0.02555203
-2.07%TRUMP
$10.97
-0.37%CRO
$0.078971
0.63%TAO
$249.90
-1.92%ATOM
$4.69
0.77%KAS
$0.078756
2.18%FIL
$2.97
-1.05%ENA
$0.355521
-5.44%POL
$0.208733
-1.15%TIA
$3.35
-0.02%LBTC
$84,191.00
0.14%FTN
$4.03
0.14%RENDER
$3.25
-1.29%ARB
$0.363679
-2.57%S
$0.515996
2.53%ALGO
$0.189499
-1.33%USDT
$0.999307
0.01%IP
$5.78
4.46%BUIDL
$1.00
0.00%JUP
$0.523846
0.08%OP
$0.858375
-1.39%KCS
$11.25
-0.45%SOLVBTC
$84,171.00
-0.19%FET
$0.511381
-2.61%NTGL
$0.00201283
-4.69%WETH
$1,986.72
0.55%XDC
$0.073454
1.60%NEXO
$1.14
2.51%QNT
$76.59
-0.46%RSETH
$2,062.90
0.50%MOVE
$0.445959
-0.45%DEXE
$18.77
-0.28%MKR
$1,246.94
-1.79%IMX
$0.565048
1.78%RETH
$2,242.18
0.53%WLD
$0.831214
-2.11%BNSOL
$134.74
1.14%INJ
$9.81
-1.92%BONK
$0.00001237
3.93%USD0
$0.997785
-0.00%SEI
$0.194581
0.99%STX
$0.624001
-2.07%THETA
$0.928004
-0.97%LDO
$1.023
0.73%GRT
$0.095499
0.75%FLR
$0.0150211
2.94%USDT
$0.999225
0.00%EOS
$0.551599
-0.28%PYUSD
$0.999803
0.01%SOLVBTC.BBN
$84,093.00
-0.53%METH
$2,106.98
0.74%CAKE
$2.59
9.43%WBNB
$628.73
-0.24%USDC
$0.99993
0.02%XAUT
$3,026.33
-0.10%GALA
$0.01699346
-0.25%BERA
$6.70
3.77%XTZ
$0.693089
-1.36%USDC.E
$0.999659
0.04%SAND
$0.284038
-1.02%BTT
$0.00000069
-0.51%WBTC
$84,190.00
-0.09%BSV
$33.92
-1.12%JTO
$2.15
0.59%IOTA
$0.178954
-1.39%FLOW
$0.418229
-0.09%PAXG
$3,042.46
-0.48%KAIA
$0.107273
-0.87%USDX
$0.999874
-0.03%MSOL
$164.95
1.08%EZETH
$2,066.29
0.51%FLOKI
$0.00006281
-0.01%HNT
$3.34
10.58%JASMY
$0.01237079
-9.74%KAVA
$0.552348
-0.87%CRV
$0.452003
2.88%NEO
$8.15
-0.53%PYTH
$0.154483
3.77%ENS
$16.82
-0.19%USR
$1.00
0.04%TEL
$0.00595814
-2.45%AXS
$3.37
-1.79%JUPSOL
$141.08
0.90%HONEY
$0.999958
0.06%RAY
$1.80
4.26%DYDX
$0.680054
1.85%BDX
$0.074548
0.16%WIF
$0.513767
0.13%EGLD
$18.01
-0.56%TUSD
$1.00
0.11%MANA
$0.263916
-2.27%ZEC
$30.16
-9.94%PUMPBTC
$83,073.00
0.57%RON
$0.776099
0.48%CMETH
$2,107.49
0.62%VIRTUAL
$0.718359
4.16%SPX
$0.490482
10.81%WETH
$1,985.74
0.57%STRK
$0.165656
-0.38%CORE
$0.450825
-2.01%USDC.E
$0.999674
0.01%AR
$6.79
0.30%NFT
$0.00000045
0.80%IBERA
$6.43
4.22%CFX
$0.087504
0.25%CHZ
$0.04597677
0.29%XEC
$0.00002197
0.36%RUNE
$1.23
0.66%PENDLE
$2.68
5.51%DOGE
$0.16866
-0.41%FARTCOIN
$0.435027
20.97%BTC.B
$84,356.00
-0.00%SUPEROETHB
$1,985.80
0.70%WETH
$1,985.79
0.64%CLBTC
$83,550.00
0.60%APE
$0.522249
-0.40%AERO
$0.50656
0.13%USYC
$1.081
0.06%USDB
$0.999814
0.27%PENGU
$0.00632952
-1.60%OUSG
$110.41
0.02%BEAM
$0.00747837
4.61%AXL
$0.417648
3.29%USDY
$1.091
0.09%COMP
$42.91
-0.06%TBTC
$84,074.00
-0.33%OSETH
$2,057.70
0.03%XCN
$0.01137529
-1.42%AUCTION
$56.91
24.15%TWT
$0.893004
0.51%PLUME
$0.18479
-8.12%OHM
$22.53
1.04%MATIC
$0.209036
-1.02%GRASS
$1.32
1.26%CGETH.HASHKEY
$2,011.65
0.99%EETH
$1,984.56
0.53%LUNC
$0.00006493
-1.01%FRAX
$0.999014
0.00%RSR
$0.00624273
10.00%ZRO
$3.10
5.22%AMP
$0.00408308
-2.89%STBTC
$83,768.00
-0.13%USDT
$0.999156
-0.06%BRETT
$0.03366302
4.19%GNO
$128.40
1.68%BUSD
$1.004
0.05%MINA
$0.264619
1.47%KAITO
$1.33
-4.02%MORPHO
$1.35
0.96%BERASTONE
$1,969.93
0.63%JST
$0.03144152
3.92%AKT
$1.26
5.41%AIOZ
$0.269538
-3.84%VRSC
$3.84
-2.35%WETH
$1,985.82
0.48%CHEEMS
$0.00000145
2.15%CBETH
$2,168.44
0.64%1INCH
$0.208412
0.29%SNX
$0.845066
-3.12%DASH
$23.19
-1.87%EIGEN
$1.16
-0.63%GLM
$0.281556
-0.60%ETHX
$2,097.79
0.76%MX
$2.94
-0.09%EBTC
$84,279.00
-0.05%KSM
$16.96
-3.19%CTC
$0.623621
-0.23%ZK
$0.073653
3.11%WBTC
$84,222.00
-0.04%SFP
$0.539592
-0.14%ATH
$0.03380347
2.45%SATS
$0.00000013
3.09%TFUEL
$0.0383674
-0.28%SWETH
$2,154.37
0.61%FRXETH
$1,983.07
0.47%NOT
$0.00249251
-0.35%QGOLD
$3,022.52
-0.24%W
$0.086921
3.75%MEOW
$0.00276737
10.69%USDC.E
$0.999684
0.06%ASTR
$0.03303888
3.11%USDD
$1.002
0.12%LAYER
$1.19
6.06%ZIL
$0.01252144
-1.84%SAFE
$0.44408
5.50%BLUR
$0.108702
1.62%VANA
$7.82
4.43%DEUSD
$0.999523
0.01%VENOM
$0.116513
-1.48%CWBTC
$1,693.47
-0.18%SNEK
$0.00317231
-1.88%CKB
$0.00512071
1.48%ETHDYDX
$0.68003
1.92%WEMIX
$0.555098
3.44%QTUM
$2.17
-0.59%BABYDOGE
$0.00
2.77%ARKM
$0.584283
3.39%BAT
$0.150159
-0.33%