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
$87,563.00
3.15%ETH
$1,649.16
2.80%XRP
$2.13
2.93%BNB
$605.61
2.05%SOL
$140.96
0.97%USDC
$0.999918
-0.01%DOGE
$0.162214
2.84%TRX
$0.244338
0.92%ADA
$0.644002
2.78%STETH
$1,648.45
2.83%WBTC
$87,386.00
2.98%LEO
$9.41
0.90%LINK
$13.59
4.82%AVAX
$20.40
3.57%XLM
$0.256324
4.63%TON
$3.05
2.34%SHIB
$0.00001269
1.98%SUI
$2.26
5.73%HBAR
$0.172388
4.65%USDS
$0.999655
-0.02%WSTETH
$1,976.78
2.60%BCH
$338.48
0.49%HYPE
$18.20
0.75%DOT
$3.94
0.83%LTC
$79.07
3.04%BGB
$4.49
-1.26%BSC-USD
$1.001
0.10%USDE
$0.999449
0.01%WETH
$1,647.36
2.52%PI
$0.63832
-0.55%WBT
$28.22
0.96%XMR
$215.84
0.54%WEETH
$1,755.85
2.64%CBBTC
$87,524.00
3.05%PEPE
$0.00000786
4.40%UNI
$5.46
3.14%APT
$5.16
5.34%OKB
$50.98
0.54%GT
$23.12
2.21%TAO
$327.00
7.24%ONDO
$0.881483
3.88%NEAR
$2.30
5.18%TKX
$32.62
-2.10%SUSDS
$1.049
0.04%BUIDL
$1.00
0.00%ETC
$16.21
2.32%ICP
$4.97
1.56%RENDER
$4.52
5.07%CRO
$0.084202
1.49%MNT
$0.664739
-0.34%AAVE
$145.33
2.63%KAS
$0.081586
5.60%SUSDE
$1.17
0.34%VET
$0.02441209
3.92%ATOM
$4.27
1.33%FTN
$4.23
-0.10%LBTC
$87,077.00
2.91%FIL
$2.67
0.90%ALGO
$0.202399
5.94%POL
$0.195429
2.82%TRUMP
$8.37
-0.04%ENA
$0.300965
5.11%FDUSD
$0.999378
0.15%FET
$0.608186
6.29%S
$0.496092
5.30%TIA
$2.59
3.69%ARB
$0.312497
2.95%JLP
$3.94
0.95%SOLVBTC
$87,445.00
3.16%KCS
$10.05
1.04%OP
$0.730022
2.36%BNSOL
$147.46
0.69%MKR
$1,407.44
3.35%JUP
$0.399577
-0.62%XDC
$0.071924
-0.22%STX
$0.708366
12.11%NEXO
$1.043
1.93%FLR
$0.01629594
-0.63%WLD
$0.791903
3.58%WETH
$1,652.60
3.09%IP
$3.72
-3.49%EOS
$0.653904
3.40%BONK
$0.00001269
1.02%QNT
$67.47
2.38%RSETH
$1,715.99
2.66%USDT0
$1.001
0.06%SEI
$0.178513
3.57%FARTCOIN
$0.888491
5.80%DEXE
$15.36
2.24%IMX
$0.481559
-1.08%INJ
$8.93
6.55%PYUSD
$1.00
0.04%USDC
$1.001
0.07%XAUT
$3,416.09
2.01%CRV
$0.626907
2.60%USDT
$0.999789
-0.00%GRT
$0.085377
3.90%RETH
$1,856.93
2.66%WBNB
$606.39
2.17%PAXG
$3,419.24
2.19%XSOLVBTC
$86,999.00
5.07%JASMY
$0.01494974
-1.98%GALA
$0.01637173
4.86%WBTC
$87,418.00
2.98%SAND
$0.284916
6.23%JUPSOL
$155.33
0.71%CORE
$0.681588
-0.04%USD0
$0.99789
0.02%THETA
$0.672213
-0.38%LDO
$0.73997
2.29%RAY
$2.26
1.83%MSOL
$181.28
0.71%METH
$1,751.99
2.91%IOTA
$0.170111
1.69%HNT
$3.48
1.33%USDX
$0.999024
0.04%KAIA
$0.104399
2.45%BTT
$0.00000061
0.74%XCN
$0.01807361
-0.84%CAKE
$2.01
0.77%FLOW
$0.378741
2.22%USDY
$1.11
2.04%MANA
$0.317836
10.46%CLBTC
$88,096.00
5.41%BSV
$29.19
1.39%FLOKI
$0.00005989
0.99%MOVE
$0.228275
-3.77%WAL
$0.445057
5.11%JTO
$1.70
0.52%PENDLE
$3.29
4.88%XTZ
$0.510215
1.02%PYTH
$0.144648
0.73%EZETH
$1,728.61
2.88%ZEC
$31.82
-0.08%OM
$0.524645
-13.40%ENS
$15.21
4.92%TUSD
$0.998206
0.00%PUMPBTC
$85,299.00
2.85%TEL
$0.00536657
15.79%BDX
$0.066833
0.51%USDC.E
$1.00
0.00%GRASS
$1.70
-2.89%DYDX
$0.6076
2.10%KAVA
$0.425403
1.03%USDC.E
$0.999898
-0.01%LAYER
$2.15
0.40%UBTC
$88,468.00
0.05%BTC.B
$87,513.00
3.09%WIF
$0.441624
0.73%RUNE
$1.23
4.11%RSR
$0.00756017
1.56%NFT
$0.00000043
1.33%OSETH
$1,722.63
2.95%SPX
$0.447814
3.02%DOGE
$0.162115
2.75%XEC
$0.00002086
1.99%EGLD
$14.52
-0.22%USYC
$1.084
0.01%USDB
$1.001
0.20%NEO
$5.71
0.90%STRK
$0.136746
2.89%TBTC
$87,122.00
2.80%EETH
$1,649.94
2.27%OUSG
$110.75
0.00%VIRTUAL
$0.589774
2.68%AXS
$2.38
1.64%APE
$0.476158
2.04%BERA
$3.45
1.39%COMP
$41.27
2.54%WETH
$1,650.10
2.81%CFX
$0.071822
0.16%AR
$5.60
-0.44%CHZ
$0.03822178
0.77%OHM
$22.23
-1.05%BRETT
$0.03631267
-0.03%USR
$0.999756
-0.00%SUPEROETHB
$1,648.23
2.86%CMETH
$1,753.28
2.87%W
$0.078059
4.27%WETH
$1,649.94
2.99%USDD
$0.999755
-0.03%USDT
$0.999701
-0.08%PLUME
$0.171244
2.76%BEAM
$0.00651775
0.70%AERO
$0.42256
4.67%MATIC
$0.195662
2.79%LUNC
$0.00006234
1.85%AIOZ
$0.280963
2.60%SAROS
$0.124126
-0.72%PENGU
$0.00517589
4.39%TWT
$0.780013
0.37%SUN
$0.01687751
1.36%BUSD
$1.001
0.07%RON
$0.516256
2.44%FRAX
$0.999984
0.01%AMP
$0.00370342
2.72%JST
$0.03095216
0.71%WEMIX
$0.719006
2.50%CGETH.HASHKEY
$1,665.62
2.88%RLUSD
$1.00
0.08%VENOM
$0.139282
4.93%AXL
$0.304706
0.94%ZRO
$2.58
0.92%HONEY
$0.999895
0.06%GNO
$109.35
0.57%WBTC
$87,493.00
3.11%CHEEMS
$0.00000134
-2.61%QGOLD
$3,232.49
0.00%MINA
$0.221436
1.13%IBERA
$3.33
1.66%AKT
$1.079
1.72%EBTC
$87,044.00
3.13%GLM
$0.265215
-2.09%MWC
$24.08
3.29%DASH
$21.47
0.75%BERASTONE
$1,627.15
2.55%MX
$2.76
0.06%CTC
$0.567265
1.39%TFUEL
$0.03647163
-3.74%POPCAT
$0.258878
4.01%SUPER
$0.559397
1.72%BLUR
$0.108796
6.19%WETH
$1,649.39
2.81%1INCH
$0.178398
1.70%NTGL
$0.00040883
5.51%USDC.E
$1.00
0.01%ETHX
$1,742.60
2.65%USDG
$1.00
0.06%AIC
$0.240153
18.53%WAVAX
$20.38
3.35%SFP
$0.477538
1.51%CWBTC
$1,758.28
3.24%ZIL
$0.01201
1.78%SAFE
$0.417264
-0.87%ATH
$0.02790981
0.72%DEEP
$0.093634
11.19%KSM
$14.18
4.73%GAS
$3.53
1.37%VTHO
$0.00258343
-5.52%BTSE
$1.39
11.56%QTUM
$2.13
0.05%SNX
$0.66113
1.89%MORPHO
$0.938947
-0.01%EURC
$1.15
1.00%ZRX
$0.260494
1.43%CBETH
$1,807.36
2.71%ABTC
$87,468.00
3.14%GHO
$0.999641
-0.01%