MSCI rule change under review could push Strategy out of indices, risking $2.8 billion in forced selling
AI Market Summary
MSCI's proposed "operating assets" screen may exclude Bitcoin treasury firms from major indices, raising forced-selling risk from passive funds. JPMorgan estimates ~$2.8B in potential selling if Strategy is removed, rising to ~$8.8B if other index providers follow. With an MSCI decision due by Oct 16 and possible implementation around Nov 1, near-term positioning risk could increase for BTC-adjacent equities and broader crypto sentiment.
Impact level
● High
Affected assets
BTC/USDT+0.13%
AI Insight · BTC/USDTAI Insight
▼ Bearish
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Odaily Planet Daily reports that a new paper from the nonprofit think tank Bitcoin Policy Institute warns MSCI's proposed "operating assets" screen could lead to the removal of Bitcoin treasury companies from major equity indices. Names cited include Strategy, Japan-listed Metaplanet, and uranium holder Yellow Cake.
JPMorgan has previously estimated that if Strategy is dropped from MSCI indices, index-tracking funds could face about $2.8 billion of selling pressure. If other index providers adopt similar treatment, the total potential selling pressure could rise to $8.8 billion.
MSCI is expected to decide by October 16. Any related changes could take effect around November 1 following the November index review. (Bitcoin.com News)