With the annual restructuring of the Russell 1000, 2000, and 3000 index funds how do you think it will affect COIN on Friday? When the market opens on Friday, all funds that those index's will have to purchase the shares prior to close on Friday. When this happened to TSLA joining the S&P 500 it spiked in the last few minutes of the market being open that day. Do you think that will happen with the other funds being added to the index? Additions/Deletions into the Russell funds only happen annually (unless there is an IPO, then they have the opportunity to add it quarterly).
Link of additions: https://content.ftserussell.com/sites/default/files/ru3000_additions_20220603.pdf
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