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Binance News
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Fold Holdings becomes the first Bitcoin financial services company included in the Russell 2000
According to ChainCatcher, 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 company in Bitcoin financial services to be included, currently holding over 1,500 BTC.
The global index provider MSCI is considering excluding companies that hold digital assets exceeding 50% of their total assets from its indices. JPMorgan analysts estimate that if MSCI removes Strategy, it could lead to an outflow of $2.8 billion, and if other indices follow suit, the outflow could reach $8.8 billion. The MSCI consultation period will end on January 15, and currently, 38 companies face exclusion risks with a total market capitalization of $46.7 billion.
The global index provider MSCI is considering excluding companies that hold digital assets exceeding 50% of their total assets from its indices. JPMorgan analysts estimate that if MSCI removes Strategy, it could lead to an outflow of $2.8 billion, and if other indices follow suit, the outflow could reach $8.8 billion. The MSCI consultation period will end on January 15, and currently, 38 companies face exclusion risks with a total market capitalization of $46.7 billion.