The first Bitcoin financial service company Fold Holdings has been included in the Russell 2000, while MSCI plans to exclude encryption holdings companies.

GateNews
BTC-2,03%

According to ChainCatcher news and beincrypto news, Bitcoin financial service company Fold Holdings (NASDAQ: FLD) announced on December 22 that it has been included in the U.S. small-cap benchmark index Russell 2000, becoming the first publicly listed Bitcoin financial service company to be included, currently holding over 1,500 BTC. At the same time, the global index provider MSCI is considering excluding companies that hold digital assets exceeding 50% of their total assets from its indices. According to analysis by JPMorgan, if Strategy is removed by MSCI, it could face an outflow of $2.8 billion, and if other indices follow suit, the outflow could reach $8.8 billion. The consultation period for MSCI will end on January 15, and a final decision will be announced. Currently, 38 companies are at risk of exclusion, with a total market capitalization of $46.7 billion.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

This 'Space Invaders' Clone Game Pays Real Bitcoin—If You're Skilled, Lucky or Rich

In brief A new game based on the arcade classic Space Invaders will let one person earn a real Bitcoin reward. To claim the reward ,they must destroy 10,000 BTC worth of transactions that mirror actual activity on the blockchain. The winner will earn a 10,000 sats bounty, valued

Decrypt18m ago

Michael Saylor 再次发布比特币 Tracker 信息,或预告 Strategy 增持 BTC

Gate News update, April 12, Strategy founder Michael Saylor again shared information related to the Bitcoin Tracker, and said "Think ₿igger". According to the previously observed pattern, Strategy typically discloses information about additional Bitcoin purchases on the second day after the related news is released.

GateNews1h ago

Analyst: Bitcoin’s current pullback is relatively mild compared with past ones, but the bottom has not been confirmed yet.

Crypto analyst Axel Adler Jr said the current Bitcoin pullback is smaller than historic bearish-market levels, but a bottom has not yet been confirmed. He believes the market is still in a mild bear phase, and that a true recovery will require patience and waiting.

GateNews1h ago

Bitcoin Price Signals Short Squeeze as Open Interest Nears $25B

Bitcoin is set for a potential short squeeze as on-chain indicators illuminate a crowded setup against a backdrop of rising open interest and persistently negative funding rates. After BTC briefly breached $73,000 last Friday, traders are watching how leveraged shorts might be forced to cover as fun

CryptoBreaking1h ago

American musician G.Love mistakenly downloaded a malicious Ledger app, losing 5.92 BTC, and the funds have already flowed into a certain CEX

Philadelphia musician G.Love had about 5.92 Bitcoins stolen due to mistakenly downloading a counterfeit app. On-chain investigator ZachXBT traced the flow of funds and questioned Apple’s App Store review process, saying it allows counterfeit apps to be listed, increasing user risk.

GateNews1h ago
Comment
0/400
No comments